Update on the Siri Insurance Claims

Oslo, 14 March 2017: Norwegian Energy Company ASA informs that, as expected, the Eastern High Court has accepted to handle the appeal by the insurance companies. 

Contact:

Chairman Riulf Rustad +47 900 87 703 or email: investorrelations@noreco.com 

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About Norwegian Energy Company ASA

Noreco is an independent Norwegian oil company. The company's focus is to explore, develop and produce oil and gas in the North Sea region. Since incorporation in 2005, the company has grown through licensing rounds, exploration and acquisitions. Noreco operates in Norway, Denmark and United Kingdom. Noreco is listed on the Oslo Børs (ticker NOR). For further information, please visit: www.noreco.com.