Proxy Rights at Extraordinary General Meeting

Stavanger, 13 November 2013: Ståle Kyllingstad, Chairman of the Board of Norwegian Energy Company ASA (the "Company"), has in connection with the upcoming Extraordinary General Meeting on 15 November 2013, received proxy rights from shareholders representing 19 438 012 shares in the Company, equal to 5.46 % of the voting rights in the Company.

Including other shares and voting rights controlled by him (or close  associates), the Chairman of the Board will represent an aggregate of 66 410 901 shares at the upcoming Extraordinary General Meeting, equal to 18.65% of the voting rights in the Company.

Contact:
Ørjan Gjerde, CFO (0047 900 35 738)

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