Production from the four fields in the Siri area was 20,500 boe/day in total (7,825 boe/day net to Noreco). This was an increase of 11 percent compared to March, however the production from the area is still below full potential due to the previously reported gas handling issues. The Siri field produced 7,650 boe/day (3,825 net), Nini East 8,225 boe/day (2,475 net), Nini 4,150 boe/day (1,250 net), and the Cecilie field produced 450 boe/day (275 net).

For the other fields, production volumes were stable compared to previous month. Brage production was 33,900 boe/day (4,175 net), while South Arne delivered 23,275 boe/day (1,525 net). Net production to Noreco from the fields Enoch and Lulita was 200 and 325 boe/day respectively.

Production volumes and prices are preliminary and are subject to adjustments, including final allocations between fields, quality adjustments and prices.

Contacts:
Scott Kerr, CEO (+47 99 28 38 90)
Einar Gjelsvik, VP Strategy & IR (+47 99 28 38 56)
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)