Production March 2012
(Thomson Reuters ONE) -
Stavanger, 11 April 2012: Norwegian Energy Company (Noreco) in March 2012
produced 4,084 barrels of oil equivalents (boe) per day. Net realised price in
March was USD 122 per boe after adjustments for oil put options, inventory, NGL
and gas prices. For the first quarter 2012, production was 2,893 boe per day,
with an average net realised price of USD 115 per boe.
Production per field, March 2012 (boe per day):
Nini East - 2,376
Nini - 836
Cecilie - 595
Lulita - 276
Enoch - 0
The Enoch field is shut down pending maintenance work.
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)
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
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: NORECO via Thomson Reuters ONE
[HUG#1601379]
Unternehmensinformation / Kurzprofil:
Datum: 11.04.2012 - 09:04 Uhr
Sprache: Deutsch
News-ID 133721
Anzahl Zeichen: 1551
contact information:
Town:
Stavanger
Kategorie:
Business News
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"Production March 2012"
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