CORRECTION: Noreco drilling exploration well in the Barents Sea
This is a correction of the announcement from 08:32 30.03.2012 CEST. Reason for
the correction: Front Exploration interest is 30%, not 33%.
Stavanger, 30 March 2012: Norwegian Energy Company ASA (Noreco) has started the
drilling of exploration well 7228/1-1 on the Eik prospect in the Barents Sea.
The well is located in licence PL396, about 200 kilometres north east of North
Cape, and is being drilled with the drilling rig Transocean Barents.
The partners in licence PL396 are Noreco (operator, 50 percent), Front
Exploration (30 percent) and Petoro (20 percent).
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#1598646]
