Minutes from Annual General Meeting

Stavanger, 20 May 2015: Norwegian Energy Company ASA (Noreco) today held its Annual General Meeting for 2015 in Oslo.

The minutes from the meeting are attached, and are available on www.noreco.com and www.newsweb.no.

Contact:
investorrelations@noreco.com

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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 licensing rounds, exploration and acquisitions. Noreco operates in Norway, Denmark and United Kingdom. Noreco is listed on the Oslo Børs (ticker NOR). For further information, please visit: www.noreco.com.