Huntington field development plan approved by DECC
(Thomson Reuters ONE) -
Stavanger, 16 November 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) is
pleased to announce that the Field Development Plan for the Huntington field has
been approved by the Department for Energy and Climate Change (DECC). ?
Huntington will be developed using the FPSO Sevan Voyageur, and as previously
announced the leasing contract for this unit was signed last week. Production is
expected to commence in the first quarter of 2012.
The Huntington field is located in Block 22/14b in the UK part of the Central
North Sea. Noreco has a 20% interest in the block, which is operated by E.ON
Ruhrgas UK E&P (25% interest). The other partners are Premier Oil UK Limited
(40%) and Carrizo Oil & Gas, Inc. (15%).
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#1462765]
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Source: NORECO via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 16.11.2010 - 08:01 Uhr
Sprache: Deutsch
News-ID 48803
Anzahl Zeichen: 1655
contact information:
Town:
Stavanger
Kategorie:
Business News
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"Huntington field development plan approved by DECC"
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