Discovery at the Zidane prospect
(Thomson Reuters ONE) -
Stavanger, 26 August 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) today
announces that a discovery has been made on the Zidane-1 well in license PL435
in Norway, which is operated by RWE Dea Norge AS.
The Zidane-1 well (6507/7-14S) is still in operation and further data will have
to be gathered and analyzed before an update of the resource potential can be
made.
The license partners have decided to carry out a production test. This test is
expected to take between two and three weeks to complete and well test results
are expected shortly thereafter.
Noreco has a 20% ownership in the license PL435. The other partners are RWE Dea
Norge AS (40%), Edison International Norway Branch 20% and Maersk Oil (20%)
Contacts:
Scott Kerr, CEO (+47 99 28 38 90)
Jan Petter Stiff, media contact, (+47 99 51 38 91)
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1440352]
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Source: NORECO via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 26.08.2010 - 07:46 Uhr
Sprache: Deutsch
News-ID 40109
Anzahl Zeichen: 0
contact information:
Town:
Stavanger
Kategorie:
Business News
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"Discovery at the Zidane prospect"
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