Noreco awarded new licence in UK

Noreco awarded new licence in UK

ID: 101481

(Thomson Reuters ONE) -


Stavanger, 5 January 2012: Norwegian Energy Company (Noreco) has been awarded a
new licence offshore UK. The award is part of the 26th Seaward Licensing Round
in United Kingdom, where Noreco has previously been awarded two other licences.

The new licence is located in blocks 12/26b & 12/27, with Suncor as the
operator. Noreco has been offered a 22.5 percent share in the licence.

The award adds to Noreco's existing portfolio in the UK, which now includes the
Huntington field under development and six exploration licences.

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)






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
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originality of the information contained therein.

Source: NORECO via Thomson Reuters ONE

[HUG#1575383]




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Datum: 05.01.2012 - 12:25 Uhr
Sprache: Deutsch
News-ID 101481
Anzahl Zeichen: 1352

contact information:
Town:

Stavanger



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Business News



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Stavanger, 11 December 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Financial calendar for Noreco for 2010: 28 January Capital Markets Day (Stavanger) 18 February Q4 2009 Presentation (Oslo) 29 April Q1 2010 Presentat ...

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