APA 2009 - Award of 3 licenses to North Energy ASA
(Thomson Reuters ONE) - Alta, 19. January 2010North Energy ASA is pleased to notify the allocation of interests in twolicenses in the Barents Sea and one license in the Norwegian Sea.- This will strengthen the Company's position in the Hammerfest Basin and thenorthern Norwegian Sea which are the core areas of North Energy, says CEO ErikKarlstr?North was awarded a 30% interest in PL 518B, together with Dong (40%), Discover(20%) and Sagex (10%). The area is an extension to PL 518 and the work programfor this license remains the same without any further work commitment beyondwhat is in PL 518. The license is located adjacent to and west of the GoliathField in the Hammerfest Basin.In PL 564 North was awarded a 20% share with OMV AS (50%) and Wintershall NorwayAS (30%).In PL 562 North was awarded a 10% share with Dana Petroleum Norway AS (30%), E.ON Ruhrgas Norway AS (20%), Norwegian Energy Company ASA (20%) and Petoro (20%).For further information please contact:Erik Karlstr?CEO, + 47 47 65 29 90Knut S?rg, CFO, + 47 91 80 07 20This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)[HUG#1375102]
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Datum: 20.01.2010 - 01:38 Uhr
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