Minutes from Annual General Meeting

Stavanger, 8 May 2013: Norwegian Energy Company ASA (Noreco) today held its Annual General Meeting for 2013 at the company's headquarters in Stavanger. The minutes from the meeting are attached, and are available on www.noreco.com and www.newsweb.no.

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Contacts:
Einar Gjelsvik, CEO (+47 992 83 856)
Kjetil Bakken, Investor Relations Manager (+47 91 889 889) 

This information is subject of the disclosure requirements pursuant to section of 5-12 of the Norwegian Securities Trading Act

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About Norwegian Energy Company ASA

Noreco is an independent Norwegian oil company. The company’s focus is to explore, develop and produce oil and gas in the North Sea region. Since incorporation in 2005, the company has grown through license rounds, successful exploration and acquisitions. Noreco operates in Norway, Denmark and United Kingdom, and employs around 70 oil and gas professionals. Noreco is listed on the Oslo Børs (ticker NOR).

For further information, please visit: www.noreco.com