Production October 2011
(Thomson Reuters ONE) -
Stavanger, 3 November 2011: Norwegian Energy Company ASA (Noreco) in October
2011 produced 4,569 barrels of oil equivalents (boe) per day. Net realised oil
price was USD 105 per boe after adjustments for oil put options, inventory, NGL
and gas prices.
Production per field (boe):
Nini East - 2.962
Nini - 745
Cecilie - 473
Lulita - 285
Enoch - 104
Noreco in July entered an agreement to sell its share of the Siri field to DONG
Energy with economic effect from 1 July 2011. Production from this field is
therefore no longer included in the monthly production report.
Production volumes and prices are preliminary and subject to adjustments,
including final allocations between fields, quality adjustments and prices.
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#1560713]
Unternehmensinformation / Kurzprofil:
Datum: 03.11.2011 - 14:41 Uhr
Sprache: Deutsch
News-ID 83760
Anzahl Zeichen: 1596
contact information:
Town:
Stavanger
Kategorie:
Business News
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"Production October 2011"
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