Stavanger, 9 August 2012: Norwegian Energy Company (Noreco) in July 2012 produced 4,869 barrels of oil equivalents (boe) per day. Net realized price in July was USD 93 per boe after adjustments for oil put options, inventory, NGL and gas prices.

Production per field, July 2012 (boe per day):
Nini East - 2,042
Oselvar - 1,504
Nini - 569
Cecilie - 562
Lulita - 192
Enoch - 0

Production volumes and prices are preliminary and subject to adjustments, including final allocations between fields, quality adjustments and prices.

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

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)