Noreco awarded new license in Denmark
(Thomson Reuters ONE) -
Stavanger, 1 February 2011: Norwegian Energy Company ASA (Noreco) is pleased to
announce that the 02/05 license group in Denmark has been awarded a new license
1/11, immediately to the west of the original 2/05 license area. Noreco is the
operator and has a 47 percent interest in both licenses.
The license period is for six years and comes with a commitment to drill an
exploration well within two years. The partners have already selected the
specific well location and intend to drill the well in 2011. The well will be
known as Luna.
The other partners in the license are Elko Energy with 33 percent and the Danish
North Sea Fund with 20 percent.
Contact:
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)
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#1484261]
Unternehmensinformation / Kurzprofil:
Datum: 01.02.2011 - 12:06 Uhr
Sprache: Deutsch
News-ID 50933
Anzahl Zeichen: 1493
contact information:
Town:
Stavanger
Kategorie:
Business News
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"Noreco awarded new license in Denmark"
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