Preliminary drilling results
(Thomson Reuters ONE) -
Stavanger, 18 April 2012: Norwegian Energy Company ASA (Noreco) is currently
drilling exploration well 7228/1-1 on the Eik prospect in the Barents Sea.
The preliminary drilling results indicate that the well does not contain
commercial quantities of hydrocarbons.
The well is located in licence PL396 in the Barents Sea, about 200 kilometres
north east of North Cape, and is drilled by the drilling rig Transocean Barents.
The partners in licence PL396 are Noreco (operator, 50 percent), Front
Exploration AS (30 percent) and Petoro AS (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#1603450]
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Datum: 18.04.2012 - 02:30 Uhr
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News-ID 1104227
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