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Noreco awarded two licences in APA 2012

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Stavanger, 15 January 2013: Norwegian Energy Company (Noreco) has been awarded two new licences in the 2012 Awards in Predefined Areas (APA) in Norway.

Noreco has been awarded the following licences:

  • PL701 (40 percent share) on blocks 6406/9, 6406/11, 6406/12, located southwest of the Njord Field on the Halten Terrace. Noreco was awarded the operatorship for this licence.
  • PL591B (40 percent share) on block 6507/8. The licence is an extension of licence PL591.

Contact:
Kjetil Bakken, VP Investor Relations ( +47 91 889 889) 

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

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

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