6/29/2009
Loan facility underpins 2009 and 2010 exploration and appraisal activities
Stavanger, 29 June, 2009: Norwegian Energy Company ASA (OSE:NOR), Noreco has entered into a 1050 million NOK loan facility agreement with Sparebank 1 SR-Bank (lead), DnB NOR and BNP Paribas which will finance Noreco's exploration and appraisal activities in Norway in 2009 and 2010.