Albert exploration well temporarily suspended

Albert exploration well temporarily suspended

ID: 156416

(Thomson Reuters ONE) -


Stavanger, 14 June 2012: Norwegian Energy Company ASA (Noreco) announces that
drilling of exploration well 6201/11-3 in PL519 targeting the Albert prospect
has been temporarily suspended until August. The Bredford Dolphin drilling rig
is moving to a Norwegian yard to complete its five year renewal survey before
returning to complete the Albert exploration well.


Noreco has 20 percent interest in PL519. Lundin Petroleum is the operator with
40 percent interest, and the other partners are Bayerngas Norge AS and Spring
Energy Norway AS with 20 percent interest respectively.

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#1619179]




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Bereitgestellt von Benutzer: hugin
Datum: 14.06.2012 - 08:16 Uhr
Sprache: Deutsch
News-ID 156416
Anzahl Zeichen: 1407

contact information:
Town:

Stavanger



Kategorie:

Business News



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"Albert exploration well temporarily suspended"
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