Q4 2009 production
Stavanger 11 January 2009 Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in the fourth quarter 2009 was 5,775 barrels of oil equivalents per day. Q4 2009 production Noreco's production in fourth quarter 2009 was 5,775 barrels of oil equivalents per day (boed). Net realized oil price was USD 70.5 per barrel, after adjustments for Noreco's oil put options at USD 50 and 75 per barrel, inventory and NGL and gas prices. The production in December 2009 was 4,525 boed. Full year 2009 production was 10,125 boed realized at USD 61 per barrel. As previously