Noreco Announces Second Quarter 2022 Results
Oslo, 12 July 2022: Norwegian Energy Company ASA ("Noreco" or the "Company") announces record quarterly results for Q2 2022. Noreco today published its second quarter 2022 results, with the quarter delivering strong underlying asset performance and production at top end of the Company’s annual guidance, and the strongest financial results since the acquisition of Shell’s Danish upstream assets in 2019. Highlights:• Hydrocarbon production of 26.5 mboepd• Total Revenues of USD 265 million, compared to USD 179 million in Q1 2022• EBITDA of USD 167 million, compared to USD