August 2010 Production
(Thomson Reuters ONE) -
Stavanger, 7 September 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR):
Noreco's oil and gas production in August 2010 was 10,475 barrels of oil
equivalents (boe) per day. Net realized oil price was USD 74 per boe after
adjustments for oil put options, inventory and NGL and gas prices.
Total production from the Siri area in August was 16,700 boe/day (6,000 boe/day
net to Noreco). The SCB-1 production well is still shut in pending repair work
which is scheduled for October.
Brage produced around 23,000 boe/day (2,900 net), down from July due to reduced
regularity and continued decline of the Bowmore production well.
South Arne production was 19,000 boe/day (1,250 net), in line with the previous
month.
Net production to Noreco from the Enoch and Lulita fields was 150 and 175
boe/day respectively.
Production volumes and prices are preliminary and subject to adjustments,
including final allocations between fields, quality adjustments and prices.
For further information, please contact:
Scott Kerr, CEO (+47 99 28 38 90)
Kjetil Bakken, Investor Relations Manager (+47 91 889 889)
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1442892]
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
Unternehmensinformation / Kurzprofil:
Datum: 07.09.2010 - 08:45 Uhr
Sprache: Deutsch
News-ID 41534
Anzahl Zeichen: 0
contact information:
Town:
Stavanger
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 149 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"August 2010 Production"
steht unter der journalistisch-redaktionellen Verantwortung von
NORECO (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
