Press releases

Bullet

The latest and historical news about Noreco

  • 8/27/2014

    Notice of Extraordinary General Meeting

    Stavanger, 27 August 2014: Notice is hereby given that an Extraordinary General Meeting of Norwegian Energy Company ASA will be held at the company’s premises in Badehusgaten 37, 4014 Stavanger, on 17 September 2014 at 12:00 CET.

  • 8/14/2014

    Significantly higher production lifts results

    Stavanger, 14 August 2014: Norwegian Energy Company ASA (Noreco) today presents results for the second quarter and first half 2014. First half year revenues were NOK 702 million, compared to NOK 462 million for the same period last year. Significantly higher production is the main contributing factor for the increase in revenues. 

  • 8/14/2014

    Noreco and North Energy agree asset swap

    Stavanger, 14 August 2014: Noreco Norway AS and North Energy ASA have agreed to swap assets in two licenses on the Norwegian continental shelf. According to the agreement, Noreco will increase its ownership in the Haribo license PL616 in the North Sea and reduce ownership in the Verdande license PL484 in the Norwegian Sea.

  • 8/7/2014

    Production July 2014

    Stavanger, 7 August 2014: Norwegian Energy Company (Noreco) in July 2014 produced 6 979 barrels of oil equivalents per day (boepd) on average. Net realised price in July was USD 92.2 per barrel of oil equivalents (USD 100.9 per barrel of oil) after adjustments for inventory, NGL and gas prices.

  • 8/6/2014

    Invitation to Noreco Q2 2014 Presentation and Webcast

    Stavanger, 6 August 2014: Norwegian Energy Company ASA (Noreco) will present the results for Q2 2014 on Thursday 14 August 2014 at 08.30 Norwegian time.

  • 7/21/2014

    Gohta appraisal – preliminary results

    Stavanger, 21 July 2014: The first appraisal well in the Gohta oil discovery is nearing completion. The well confirmed presence of oil and gas as expected and two production tests were undertaken.

  • 7/8/2014

    Production June 2014

    Stavanger, 8 July 2014: Norwegian Energy Company (Noreco) in June 2014 produced 7 350 barrels of oil equivalents per day (boepd) on average. Net realised price in June was USD 103.5 per barrel of oil equivalents (USD 111.5 per barrel of oil) after adjustments for inventory, NGL and gas prices.

  • 6/30/2014

    Tommy Sundt new CFO of Noreco

    Stavanger, 30 June 2014: Norwegian Energy Company ASA (Noreco) has appointed Tommy Sundt as Chief Financial Officer (CFO). He will join the company on 2 September 2014.

  • 6/5/2014

    Production May 2014

    Stavanger, 5 June 2014: Norwegian Energy Company (Noreco) in May 2014 produced 4 558 barrels of oil equivalents per day (boepd) on average. Net realised price in May was USD 99.9 per barrel of oil equivalents (USD 109.7 per barrel of oil) after adjustments for inventory, NGL and gas prices.

  • 6/3/2014

    CFO Ørjan Gjerde is leaving Noreco

    Stavanger, 3 June 2014: Ørjan Gjerde, who has been CFO at Noreco since March 2012, has handed in his resignation and will leave the company by 31 August 2014. The search for his replacement has already commenced.

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