Dry well on Ogna

Bullet

Stavanger, 28 February 2013: Drilling of exploration well 8/5-1 on the Ogna prospect in licence PL453S in the North Sea is about to be completed.

Norwegian Energy Company ASA (Noreco) has through its subsidiary Noreco Norway AS a 25 percent interest in the licence, which is operated by Lundin Petroleum. The well is dry.

Contact:

Kjetil Bakken, Investor Relations Manager (+ 47 91 889 889) 

This information is subject of the disclosure requirements pursuant to section of 5-12 of the Norwegian Securities Trading Act

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