CFO Odd Arne Slettebø is leaving Noreco

Stavanger, 13 August 2015: Odd Arne Slettebø, CFO of Noreco since November 2014, has handed in his resignation and his employment will cease on 31 October.

Since Mr. Slettebø joined Noreco in 2012 he has played a central role within accounting, compliance and the restructuring processes during the past years. Noreco wishes to express its gratitude for his hard work for the company, and wishes him all the best in his future endeavours.

Contact:
Tommy Sundt, CEO
Odd Arne Slettebø, CFO

Tel.: +47 992 83 900 or email: investorrelations@noreco.com

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About Norwegian Energy Company ASA

Noreco is an independent Norwegian oil company. Noreco was incorporated in 2005 and operates in Norway, Denmark and United Kingdom. The company’s stock is listed on the Oslo Børs (ticker NOR). For further information, please visit: www.noreco.com.