• 9/28/2012

    Contemplated private placement and bond issue

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES   Stavanger, 28 September 2012    Norwegian Energy Company ASA ("Noreco" or the "Company") proposes a private placement of up to NOK 400 million through an issue of new shares in the Company directed towards Norwegian and international investors (the "Private Placement") and an unsecured bond issue of NOK 300 million (the "Bond Issue"). At the same time,...
  • 9/28/2012

    Important trading update

    Stavanger, 28 September 2012: In conjunction with certain proposed refinancing measures as announced today, Norwegian Energy Company ASA ("Noreco" or the "Company") hereby releases the following trading update, containing further information on the previously indicated company reorganization, including the tax refund resulting therefrom, as well as ...
  • 9/21/2012

    Drilling on Romeo has started

    Stavanger, 21 September 2012: Norwegian Energy Company ASA (Noreco) is pleased to announce that drilling of an exploration well on the Romeo prospect in licence P1666, block 30/11c  in the UK North Sea has started.

  • 9/10/2012

    Production August 2012

    Stavanger, 10 September 2012: Norwegian Energy Company (Noreco) in August 2012 produced 4,686 barrels of oil equivalents (boe) per day. Net realized price in August was USD 108 per boe after adjustments for oil put options, inventory, NGL and gas prices.

  • 8/27/2012

    Drilling on Albert resumed

    Stavanger, 27. August 2012: Norwegian Energy Company ASA (Noreco) announces that drilling of exploration well 6201/11-3 in PL519 targeting the Albert prospect has resumed.

  • 8/9/2012

    Noreco reports second quarter 2012 results

    Stavanger, 9 August 2012: Norwegian Energy Company ASA (Noreco) today presents its second quarter 2012 results, with a negative EBITDA of NOK 87 million and a net loss of NOK 93 million.

  • 8/9/2012

    Production July 2012

    Stavanger, 9 August 2012: Norwegian Energy Company (Noreco) in July 2012 produced 4,869 barrels of oil equivalents (boe) per day. Net realized price in July was USD 93 per boe after adjustments for oil put options, inventory, NGL and gas prices.

  • 7/26/2012

    Invitation to Noreco Q2 2012 Presentation and Webcast

    Stavanger, 26. July 2012: Norwegian Energy Company ASA (Noreco) will present the results for Q2 2012 on Thursday 9. August 2012 at 08.30 Norwegian time.

  • 7/6/2012

    Production June 2012

    Stavanger, 6 July 2012: Norwegian Energy Company (Noreco) in June 2012 produced 4,330 barrels of oil equivalents (boe) per day. Net realised price in June was USD 87 per boe after adjustments for oil put options, inventory, NGL and gas prices. For the second quarter 2012, production was 4,317 boe per day, with an average net realised price of USD 97 per boe.

  • 7/4/2012

    Noreco adds Barents Sea licence

    Stavanger, 4 July 2012: Norwegian Energy Company (Noreco) has entered into an agreement with Lundin Petroleum (operator) and Det Norske to acquire a 20 percent interest in licence PL492 in the Barents Sea.

ImageRight3