February 2008 production

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Stavanger, 5 March, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco's oil, gas and NGL production for February was 9,600 barrels of oil equivalents per day. The average price achieved for the month was 95 $ per barrel.
 
The production volumes are preliminary and are subject to adjustments, including final allocations between fields, quality adjustments and prices. The stated price per barrel is after cost of put options.
 
 
For further information, please contact:
Scott Kerr, CEO (+47 992 83 890)
Einar Gjelsvik, Vice President Investor Relations (+47 992 83 856)

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