Dry well on Clapton

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Stavanger, 29 June 2012: Drilling of exploration well 2/8-18 S on the Clapton prospect in production licence PL440S is about to be completed. The well is dry.

Licence PL440S is operated by Faroe Petroleum AS. Norwegian Energy Company (Noreco) has a 12 percent interest in the licence.

Contact:
Kjetil Bakken, VP Investor Relations (+47 91 889 889)