Noreco provides update on the SIRI Court Proceedings
Oslo, 24 October 2016. Norwegian Energy Company ASA ("Noreco") provides an update on the progress in the court proceedings relating to the SIRI insurance claims. As previously announced the court proceedings commenced on September 12, 2016, in the Maritime and Commercial High Court in Copenhagen. The presentation of evidence phase has been concluded and all witness testimonials and interrogations have been completed. The court proceedings are entering into the final stages this week with the commencement of the parties’ closing arguments. The proceedings will be concluded on November 2,