Notice of extraordinary general meeting - Noreco strengthens the Board
Oslo, 1 July 2019: Noreco will strengthen the Board with additional competence after completion of the transaction to acquire Shell´s economic interest in the DUC concession. The Board has decided to call an extraordinary general meeting of Norwegian Energy Company ASA on 7 August 2019. The Nomination Committee proposes the following three new members to the Board:
Yves-Louis Darricarrère holds a master’s degree in Economics and has his education from the Institut d’Etudes Politiques and is graduate of École Supérieure des Mines. He began his career with Elf Aquitaine in 1978 and has held various executive positions within the company. In July 2012, he became President of Total Upstream, which brought together Exploration & Production and Gas & Power; he filled the position until he retired in August 2015.
Colette Cohen has her education from Queen’s University, Belfast, BSc (Hons) Pure & Applied Chemistry, 2:1. She has worked within the oil & gas sector since 1991, first for BP Exploration UK and thereafter for Reservoir Management Ltd. Between 1998 and 2013 she held various leading positions with ConocoPhilips. From 2013 until 2016 she was P&L responsible for Centrica E&P UK NL and is currently CEO of The Oil & Gas Technology Centre in Aberdeen.
Chris Bruijnzeels holds a master’s degree in Mining Engineering from the University of Delft. He is president and CEO of ShaMaran Petroleum Corp. and has since 1985 worked with International Petroleum Corp., Lundin Petroleum, PGS Reservoir Consultants, Shell and NAM in various leading positions.
The extraordinary general meeting will be held on 7 August 2019 at 12:00 CET at the premises of Advokatfirmaet BAHR AS, Tjuvholmen allé 16, Oslo. Please find attached notice of the extraordinary general meeting, attendance/proxy forms and the proposal from the Nomination Committee. The documents are also available at www.noreco.com. The notice and the attendance/proxy forms will also be sent to all shareholders with known address.
Voting undertakings in favour of the proposals have been obtained for more than 2/3 of the outstanding number of shares post completion.
Contact:
Tel.: +47 22 33 60 00 or email: ir@noreco.com
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About Norwegian Energy Company ASA
Noreco is a publicly owned company with focus on the oil, gas and offshore industry. The company's shares are listed on the Oslo Stock Exchange (ticker NOR). For further information, please visit: www.noreco.com.