Total production from the Siri area fields in January was about 13,300 boe/day (4,900 boe/day net to Noreco). The upgrade of the gas compressor on the Siri platform was succesful and the shut down was less extensive than anticipated. Noreco's equity production per field: Siri 1,850 boe/day, Nini East 1,550 boe/day, Nini 1,175 boe/day, Cecilie 325 boe/day.
Brage produced around 25,650 boe/day (3,175 net) in January. Drilling of well A-14 A (Arran), which is a combined exploration and production well in the Brent formation, started in December and is still ongoing.
South Arne production was around 26,650 boe/day (1,750 net).
Net production to Noreco from each of the Lulita and Enoch fields was 225 and 125 boe/day respectively.
Production volumes and prices are preliminary and subject to adjustments, including final allocations between fields, quality adjustments and prices.
For further information, please contact:
Scott Kerr, CEO (+47 99 28 38 90)
Kjetil Bakken, Investor Relations Manager (+47 91 889 889)
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)