Minutes from extraordinary general meeting

Stavanger, 27 October 2014: An extraordinary general meeting in Norwegian Energy Company ASA ("Noreco", ticker "NOR") was held today, 27 October 2014, in Noreco's premises in Stavanger.

Minutes from the general meeting are attached, and are also available on www.noreco.com.

The Board of Directors consists of the following members after today’s general meeting:

Erik Henriksen (Chairman)
Tone Bjørnov (Deputy Chairman)
Andreas Greve-Isdahl
Silje Chistine Augustson

Bård Arve Lærum (employee elected board representative)
Hilde Alexandersen (employee elected board representative)

The employee elected board representatives were not subject for new election.

Contact:
Tommy Sundt, CFO. Tel.: 47 992 83 900
Geir Arne Drangeid, IR contact. Tel.: 47 913 10 458 

Or email: investorrelations@noreco.com

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 licensing rounds, exploration and acquisitions. Noreco operates in Norway, Denmark and United Kingdom, and employs 53 oil and gas professionals. Noreco is listed on the Oslo Børs (ticker NOR). For further information, please visit: www.noreco.com.