Press releases

Noreco divests Oselvar and Enoch

Wed, 29 Sep 2010 13:08:00 GMT

Stavanger, 29 September 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) has signed an agreement to sell its shares in the Norwegian oil fields Oselvar and Enoch to Marubeni Corporation (Marubeni).

Noreco renews and expands loan facilities

Fri, 17 Sep 2010 08:45:00 GMT

Stavanger, 17 September 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce it has renewed and expanded its two bank loans, the reserve based loan facility and the exploration loan facility.

Gas discovery in Zidane-1

Thu, 16 Sep 2010 08:45:00 GMT

Stavanger, 16 September 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that drilling of the Zidane-1 exploration well on Haltenbanken has been successfully completed and has resulted in a gas discovery.

Drilling on Dalsnuten has started

Fri, 10 Sep 2010 13:00:00 GMT

Stavanger, 10 September 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that drilling of the Dalsnuten prospect (exploration well 6603/5-1S) in the license PL392 has started. The well is being drilled with the rig Aker Barents, and the operator is A/S Norske Shell.

August 2010 Production

Tue, 07 Sep 2010 08:45:00 GMT

Stavanger, 7 September 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Noreco's oil and gas production in August 2010 was 10,475 barrels of oil equivalents (boe) per day. Net realized oil price was USD 74 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Noreco company presentation

Wed, 01 Sep 2010 10:00:00 GMT

Stavanger, 1 September 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR), attached is the latest company presentation. CEO Scott Kerr will present at the Pareto Securities' 17th annual Oil & Offshore Conference in Oslo today.

Noreco farms in to exploration well at Haltenbanken

Wed, 01 Sep 2010 07:45:00 GMT

Stavanger, 1 September 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) has entered into an agreement with E.ON Ruhrgas Norge AS to acquire a 20% interest in PL434 in the Norwegian Sea through a carry of drilling cost. E.ON Ruhrgas Norge AS will retain a 10 % interest in PL 434. The license contains the Ronaldo prospect, where drilling is scheduled to start in January 2011.

Discovery at the Zidane prospect

Thu, 26 Aug 2010 07:45:00 GMT

Stavanger, 26 August 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) today announces that a discovery has been made on the Zidane-1 well in license PL435 in Norway, which is operated by RWE Dea Norge AS.

Noreco farms in to upcoming exploration well at Dalsnuten

Mon, 23 Aug 2010 07:45:00 GMT

Stavanger, 23 August 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) has entered into an agreement with BG Norge to acquire a 10% interest in PL392 in the Norwegian Sea through a carry of drilling cost. The license contains the Dalsnuten prospect, which is scheduled to be drilled in September 2010.

Internal change in top management

Mon, 16 Aug 2010 12:15:00 GMT

Stavanger, 16 August 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR) Noreco today announced an internal change in the top management.

Noreco reports second quarter 2010 results

Thu, 05 Aug 2010 07:00:00 GMT

Stavanger, 5 August 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR) today presents its second quarter 2010 results, with EBITDA of NOK 269 million, 59% higher than in previous quarter, and a net result of NOK -6 million, compared with NOK -21 million.

Invitation to Noreco Q2 2010 Presentation / Webcast

Tue, 27 Jul 2010 16:16:00 GMT

Stavanger, 27 July 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q2 2010 on Thursday 5 August 2010 at 08.30 Norwegian time.

Noreco sells Grosbeak oil discovery

Mon, 19 Jul 2010 08:00:00 GMT

Stavanger, 19 July 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) has entered into an agreement to sell its 20% interest in PL378 to Talisman Energy Norge AS for a consideration of USD 43 million. The license contains the Grosbeak oil discovery.

June 2010 production

Thu, 08 Jul 2010 12:18:00 GMT

Stavanger, 8 July 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Noreco's oil and gas production in June 2010 was 11,825 barrels of oil equivalents (boe) per day. Net realized oil price was USD 70.50 per boe after adjustments for oil put options, inventory and NGL and gas prices. For the second quarter in total, production was 13,125 boe/day and realized price was USD 74.75 per boe.

Drilling on the PL435 Zidane-1 prospect in Norway has started

Wed, 16 Jun 2010 15:23:00 GMT

Stavanger, 16 June 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR): Drilling of the exploration well 6507/7-14S (Zidane prospect) in PL435 has started. The well is being drilled with the rig Bredford Dolphin, and the operator is RWE Dea. Results are expected during September.

May 2010 production

Wed, 09 Jun 2010 10:06:00 GMT

Stavanger, 9 June 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Noreco's oil and gas production in May 2010 was 13,500 barrels of oil equivalents (boe) per day. Net realized oil price was USD 71 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Noreco farms in to exploration licence in Denmark

Tue, 01 Jun 2010 10:00:00 GMT

Stavanger, 1 June 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) has entered into a farm in agreement with Elko Energy to become a 47% owner and operator for the 02/05 license in Denmark. Elko will retain 33% of the license, while Nordsøfonden owns the remaining 20%.

Minutes from Annual General Meeting

Thu, 06 May 2010 17:05:00 GMT

Stavanger, 6 May 2010: Norwegian Energy Company ASA(Noreco,OSE:NOR). The Annual General Meeting of Norwegian Energy Company ASA was held today, Thursday 6 May 2010.

April 2010 production

Wed, 05 May 2010 07:54:00 GMT

Stavanger, 5 May 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Noreco's oil and gas production in April 2010 was 14,050 barrels of oil equivalents (boe) per day. Net realized oil price was USD 82 per boe after adjustments for oil put options, inventory and NGL and gas prices.

The Huntington oil field moving towards FPSO development

Mon, 03 May 2010 07:57:00 GMT

Stavanger, 3 May 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): The partners in the Huntington oil field in the UK Central North Sea have signed a Letter of Intent with Sevan Marine for the FPSO Sevan Voyageur.

Noreco reports first quarter 2010 results

Thu, 29 Apr 2010 07:00:00 GMT

Stavanger, 29 April 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR) today presents its first quarter 2010 results, with EBITDA of NOK 170 million, 26% higher than in Q4, and a net result of NOK -21 million, compared to NOK -87 million in the previous quarter.

Annual Statement of reserves

Thu, 15 Apr 2010 15:30:00 GMT

Stavanger, 14 April , 2010 Norwegian Energy Company ASA (Noreco,OSE:NOR), Noreco publishes the Annual Statement of Reserves in accordance with Oslo Stock Exchange`s Circular no 9/2009

Invitation to Annual General Meeting

Wed, 14 Apr 2010 08:45:00 GMT

Stavanger 14 April 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) Attached is the calling notice to Noreco`s Annual General Meeting.

Annual overview

Wed, 14 Apr 2010 08:40:00 GMT

Stavanger, 14 April , 2010 Norwegian Energy Company ASA(Noreco, OSE:NOR), Issuers of listed transferable securities are required toprovide Oslo Børs with an annual statement of information made available to the public, cf. the Securities Trading Act section 5-11.

March 2010 production

Mon, 12 Apr 2010 13:04:00 GMT

Stavanger, 9 April 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Noreco's oil and gas production in March 2010 was 13,650 barrels of oil equivalents (boe) per day. Net realized oil price was USD 76 per boe after adjustments for oil put options, inventory and NGL and gas prices.

The Board of Directors of Noreco approves annual accounts and Board of Director's report for 2009

Thu, 25 Mar 2010 13:00:00 GMT

Stavanger, 25 March 2010: Norwegian Energy Company ASA (OSE:NOR). The Board of Directors of Norwegian Energy Company ASA has approved the consolidated financial statements, the parent company's financial statements and the Board of Directors' report for 2009.

Arbitration agreement

Mon, 22 Mar 2010 08:47:00 GMT

Stavanger, 22 March 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) and Norsk Tillitsmann have agreed to let an arbitration panel resolve a disagreement regarding the conversion price in Noreco's convertible bond.

Noreco becomes owner and operator in the Barents Sea

Tue, 16 Mar 2010 14:30:00 GMT

Stavanger, 16 March 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) has become a 50% owner and operator for the licence PL396 in the Barents Sea. The transaction is based on an agreement with Discover Petroleum and does not involve payment. Partners in the licence are Discover Petroleum with 30% and Petoro with 20%.

February 2010 production

Mon, 08 Mar 2010 08:29:00 GMT

Stavanger, 8 March 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Noreco's oil and gas production in February 2010 was 13,750 barrels of oil equivalents (boe) per day. Net realized oil price was USD 73 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Nini East in production

Thu, 25 Feb 2010 09:42:00 GMT

Stavanger, 25 February 2010, Norwegian Energy Company ASA (Noreco, OSE: NOR): The Nini East field in the Danish part of the North Sea has today produced its first oil. Noreco owns 30% of the field.

Noreco reports fourth quarter 2009 results

Thu, 18 Feb 2010 07:00:00 GMT

Stavanger, 18 February 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR) today presents its fourth quarter 2009 results, with revenues of NOK 322 million and a net result of NOK - 87 million.

Invitation to Noreco Q4 2009 Presentation / Webcast

Fri, 12 Feb 2010 11:28:00 GMT

Stavanger, 12 February 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q4 2009 on Thursday 18 February 2010 at 08.30 Norwegian time.

Listing of bonds on Oslo Børs

Tue, 09 Feb 2010 10:32:00 GMT

Stavanger, 9 February 2010: Norwegian Energy Company ASA ("Noreco" - OSE:NOR). The two new bonds of a total NOK 2,000 million that were issued in November last year are listed on Oslo Børs today.

Dry well in the Norwegian Sea - Frusalen

Tue, 09 Feb 2010 08:59:00 GMT

Stavanger, 9 February 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR), Det norske oljeselskap ASA, operator of PL 476, has completed drilling of exploration well 6507/11-10 6507/11-10 Frusalen.

January 2010 production

Fri, 05 Feb 2010 10:11:00 GMT

Stavanger, 5 February 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Noreco's oil and gas production in January 2010 was 7,050 barrels of oil equivalents (boe) per day. Net realized oil price in January was USD 69 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Share capital increase

Thu, 28 Jan 2010 13:09:00 GMT

Stavanger, 28 January 2010: Norwegian Energy Company ASA (OSE:NOR), The share capital increase in Noreco (Norwegian Energy Company ASA) notified 25 January 2010 has today been registered in the Norwegian Registry of Business Enterprises.

Noreco Capital Markets Day 2010: Prepared for continued growth

Thu, 28 Jan 2010 09:55:00 GMT

Stavanger, 28 January 2010: Noreco (OSE: NOR) enters 2010 with a solid basis for continued growth in production and reserves.

Notification of transaction pursuant to section 4-1 of the Securities trading act

Mon, 25 Jan 2010 08:30:00 GMT

Stavanger, 25 January 2010: Norwegian Energy Company ASA (Noreco -OSE:NOR), Pursuant to the incentive scheme for the employees in Noreco, approved at the general meeting held 27 May 2009, bonus for 2009 has been paid out to the employees.

Production at Siri restarted

Sun, 24 Jan 2010 21:12:00 GMT

Stavanger, 24 January 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR), Oil production at the Siri Field in the Danish part of the North Sea has been restarted.

Noreco awarded four licenses in APA 2009

Tue, 19 Jan 2010 15:22:00 GMT

Stavanger, 19 January, 2010: Norwegian Energy Company ASA (OSE:NOR), Noreco has been awarded four new licenses including two operatorships in the 2010 Awards in Predefined Areas (APA) in Norway.

Drilling on the PL476 Frusalen prospect in Norway has started

Mon, 18 Jan 2010 08:55:00 GMT

Stavanger, January 18^th, 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR), Exploration drilling on the Frusalen prospect in Norway has started.

Invitation to Capital Markets Day

Wed, 13 Jan 2010 11:28:00 GMT

Stavanger 13 January 2009 Norwegian Energy Company ASA (Noreco - OSE:NOR) Noreco`s Capital Markets Day will take place 28 January 2010, in Stavanger.

Q4 2009 production

Mon, 11 Jan 2010 10:18:00 GMT

Stavanger 11 January 2009 Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in the fourth quarter 2009 was 5,775 barrels of oil equivalents per day.

Company Presentation SEB Enskilda Nordic Seminar 7 January 2010

Thu, 07 Jan 2010 15:08:01 GMT

The Siri field to be back in production in January

Mon, 04 Jan 2010 09:09:00 GMT

Stavanger 4 January 2010 Norwegian Energy Company ASA (Noreco - OSE:NOR), Due to rough weather conditions in the North Sea, production from the Siri field in Denmark is expected to be resumed in January 2010. The Nini East field development is now completed and will start production shortly after the Siri field is back in production.

2010 Financial calendar

Fri, 11 Dec 2009 14:56:00 GMT

Stavanger, 11 December 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Financial calendar for Noreco for 2010:

November production

Mon, 07 Dec 2009 12:16:00 GMT

Stavanger 7 December 2009 Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in November 2009 was 6,250 barrels of oil equivalents per day. Production was still affected by the shutdown of the Siri field in Denmark.

NOR02: Noreco exercises right to call entire outstanding bond

Mon, 30 Nov 2009 17:12:00 GMT

Stavanger, 30 November, 2009: Norwegian Energy Company ASA ("Noreco" or "the Company" - OSE:NOR) has today completed the early repayment of all outstanding bonds in NOR02 (NO 001037907.6).

NOR01: Noreco exercises right o call entire outstanding bond

Mon, 30 Nov 2009 17:11:00 GMT

Stavanger, 30 November, 2009: Norwegian Energy Company ASA ("Noreco" or "the Company" - OSE:NOR) has today completed the early repayment of all outstanding bonds in NOR01 (NO 001037906.8).

Noreco completes refinancing of NOR01 and NOR02 bonds and new bond issue of NOK 2,000 million

Mon, 30 Nov 2009 17:09:00 GMT

Stavanger, 30 November, 2009: Norwegian Energy Company ASA ("Noreco" or "the Company" - OSE:NOR) has successfully completed the issue of two new bonds totaling NOK 2,000 million and the redemption of the NOR01 and NOR02 bonds.

Insurance claim for pipeline rupture settled

Fri, 27 Nov 2009 12:29:00 GMT

Stavanger, 27 November, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has settled an insurance claim relating to rupture of the water injection pipeline between Siri and Nini. Under the agreement, Noreco receives a total of USD 20.9 million in coverage under its insurance policy.

Noreco pre-qualified as exploration operator in Greenland

Thu, 26 Nov 2009 15:09:00 GMT

Stavanger, 26 November, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR). Noreco is pleased to announce it has pre-qualified as an exploration operator for the Greenland 2010 Baffin Bay Licensing Round.

Share capital increase

Tue, 10 Nov 2009 13:28:00 GMT

Stavanger, 10 November 2009: Norwegian Energy Company ASA (OSE:NOR). A share capital increase in Noreco (Norwegian Energy Company ASA) following the subsequent offering notified 19 October 2009 has today been registered in the Norwegian Registry of Business Enterprises.

October production

Mon, 09 Nov 2009 08:57:00 GMT

Stavanger, 9 November, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in October 2009 was 6,600 barrels of oil equivalents per day. The October production was significantly impacted by the shutdown of the Siri field in Denmark.

Results of subsequent offering

Thu, 29 Oct 2009 15:03:00 GMT

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

Noreco set for value creation

Thu, 22 Oct 2009 08:00:00 GMT

Stavanger, 22 October, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The oil company Noreco today presents its third quarter results, with revenues of NOK 355 million and a net result of NOK - 134 million.

Invitation to Noreco Q3 2009 Presentation / Webcast

Mon, 19 Oct 2009 17:03:00 GMT

Stavanger, 19 October 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q3 2009 on Thursday 22 October 2009 at 09.00 Norwegian time.

NORECO - SUBSEQUENT OFFERING

Mon, 19 Oct 2009 16:49:00 GMT

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

NOR02: Noreco exercises right to call entire outstanding bond

Mon, 19 Oct 2009 08:57:00 GMT

Stavanger, 19 October, 2009: Norwegian Energy Company ASA ("Noreco" or "the Company" - OSE:NOR) has informed the Trustee for NOR02 (NO 001037907.6) that the Company will exercise its call option by making an early repayment of all outstanding bonds.

NOR01: Noreco exercises right to call entire outstanding bond

Mon, 19 Oct 2009 08:55:00 GMT

Stavanger, 19 October, 2009: Norwegian Energy Company ASA ("Noreco" or "the Company" - OSE:NOR) has informed the Trustee for NOR01 (NO 001037906.8) that the Company will exercise its call option by making an early repayment of all outstanding bonds.

Noreco successfully completes new bond issues

Mon, 19 Oct 2009 08:52:00 GMT

Stavanger, 19 October, 2009: Norwegian Energy Company ASA ("Noreco" or "the Company" - OSE:NOR) has successfully completed two new bond issues totaling NOK 2 billion.

Share capital increase

Fri, 16 Oct 2009 12:33:00 GMT

Stavanger, 16 October 2009: Norwegian Energy Company ASA (OSE:NOR). A share capital increase in Noreco (Norwegian Energy Company ASA) following the Private Placement in September has today been registered in the Norwegian Registry of Business Enterprises.

Noreco contemplates new bond issue

Wed, 14 Oct 2009 14:00:00 GMT

Stavanger, 14 October, 2009: Norwegian Energy Company ASA ("Noreco" or "the Company" - OSE:NOR), Noreco is contemplating to refinance the existing bond loans NOR01 and NOR02 with two new bonds.

Company Presentation

Wed, 14 Oct 2009 13:59:00 GMT

Stavanger, 14 October 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Please find attached company presentation dated 14 October 2009

Minutes form Extraordinary General Meeting

Wed, 14 Oct 2009 10:16:00 GMT

Stavanger, 14 October 2009: Norwegian Energy Company ASA (Noreco,OSE:NOR). An Extraordinary General Meeting of Norwegian Energy Company ASA was held today, Wednesday 14 October 2009 in Stavanger.

Approved prospectus

Mon, 12 Oct 2009 15:57:00 GMT

Oslo Børs has approved the following prospectus:

September production

Wed, 07 Oct 2009 09:38:00 GMT

Stavanger, 7 October, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in September 2009 was 6,625 barrels of oil equivalents per day, and production in the third quarter was 9,725 barrels of oil per day.

Board members and senior management participation

Wed, 23 Sep 2009 12:15:00 GMT

Stavanger, 23 September 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Reference is made to the announcement made on 23 September 2009 relating to the private placement in Noreco.

Call for Extraordinary General Meeting

Wed, 23 Sep 2009 09:02:00 GMT

Stavanger, 23 September 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Reference is made to the stock exhange release of today regarding private placement.

Private Placement completed

Wed, 23 Sep 2009 08:00:00 GMT

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

Contemplated share issue

Tue, 22 Sep 2009 17:32:00 GMT

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

Company presentation

Tue, 22 Sep 2009 17:29:00 GMT

Stavanger, 22 September 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Please find attached company presentation dated 22 September 2009

Revus has been taken over by Wintershall and Noreco remains independent. What will the future bring?

Wed, 16 Sep 2009 22:18:00 GMT

Scott Kerr, CEO of Noreco yesterday presented at the NPF conference titled 'Revus has been taken over by Wintershall and Noreco remains independent. What will the future bring?'

Results form exploration drilling at Tasta prospect

Wed, 16 Sep 2009 08:24:00 GMT

Stavanger, 16 September 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has completed exploration drilling at the Tasta-prospect in the North Sea. The well did not find hydrocarbons.

August production

Thu, 10 Sep 2009 11:48:00 GMT

Stavanger, 10 September, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in August 2009 was 11,000 barrels of oil equivalents per day, realized at US$71 per barrel.

Temporary shut-down

Tue, 01 Sep 2009 11:36:00 GMT

Stavanger, 1 September 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Reference is made to the press release by the operator Dong Energy regarding temporary shutdown of the production from the Siri Platform,

Noreco presentation

Tue, 01 Sep 2009 09:00:00 GMT

Stavanger, 1 September 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), attached is the latest company presentation.

Drilling and production update

Fri, 28 Aug 2009 15:56:00 GMT

Stavanger, 28 August 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco provides an update of its ongoing drilling program, where two wells have been completed and three new wells are underway. The new wells will significantly increase Noreco's production through the rest of 2009.

Noreco starts first operated well in Norway

Fri, 28 Aug 2009 14:38:00 GMT

Stavanger, 28 August, 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Exploration drilling on the Tasta prospect in Norway starts today. Noreco has a 40 per cent ownership share and is the operator.

July production

Mon, 10 Aug 2009 09:30:00 GMT

Stavanger, 10. August, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in July 2009 was 11,500 barrels oil equivalents per day. The production rate at the end of July was approximately 13 000 barrels per day. Noreco's production will increase in the second half of the year as new wells start up on Brage and Nini and the new field Nini East start production. The...

Exploration success for Noreco in the second quarter

Thu, 23 Jul 2009 08:00:00 GMT

Stavanger, 23 July, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The oil company Noreco made three new oil and gas discoveries and received the second largest award in the 20th licensing round in Norway in the second quarter of 2009.

Noreco ready to drill Tasta well

Tue, 14 Jul 2009 09:46:00 GMT

Stavanger, 14 July 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The Norwegian Petroleum Directorate (NPD) has granted Noreco a drilling permit for the Tasta exploration well in Norway.

Noreco continues active portfolio management

Fri, 10 Jul 2009 09:05:00 GMT

Stavanger, 10 July 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco announces two transactions to strengthen its portfolio.

Second quarter oil and gas production

Wed, 08 Jul 2009 16:49:00 GMT

Stavanger, 8 July, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in the second quarter of 2009 was 11,500 barrels oil equivalents per day.

New oil and gas discovery for Noreco

Wed, 08 Jul 2009 08:48:00 GMT

Stavanger 8 July, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco announces an oil and gas discovery in the Grosbeak prospect in Norway, where Noreco holds a 20% interest.

Invitation to Noreco Q2 2009 Presentation / Webcast

Fri, 03 Jul 2009 12:49:00 GMT

Stavanger, 3 July 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q2 2009 on Thursday 23 July 2009 at 09.00 Norwegian time.

Loan facility underpins 2009 and 2010 exploration and appraisal activities

Mon, 29 Jun 2009 08:50:00 GMT

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.

Noreco awarded best employer amongst start-up oil companies in Norway

Wed, 24 Jun 2009 15:43:00 GMT

Stavanger, 24 June 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco awarded best employer amongst start-up companies of the oil and gas companies on the Norwegian Continental Shelf.

Important milestones for Oselvar and Nini East

Fri, 19 Jun 2009 14:55:00 GMT

Stavanger 19 June 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco today announces that key milestones for ongoing developments have been met.

New oil discovery for Noreco

Thu, 11 Jun 2009 08:37:00 GMT

Stavanger, 11 June 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco announces an oil discovery with the Gygrid exploration well in license PL348 in the Norwegian Sea. This is the third discovery within this license. The license is operated by StatoilHydro and Noreco has a 17.5% ownership.

May production

Wed, 10 Jun 2009 15:46:00 GMT

Stavanger, 10 June 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in May was 12,725 barrels oil equivalents per day, up 13 percent compared to the same month last year.

Drilling on the Grosbeak prospect in Norway has started

Tue, 02 Jun 2009 09:13:00 GMT

Stavanger, 2 June, 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Exploration drilling on the Grosbeak prospect in Norway has started.

Minutes from Annual General Meeting

Wed, 27 May 2009 15:09:00 GMT

Stavanger, 27 May 2009: Norwegian Energy Company ASA (Noreco,OSE:NOR). The Annual General Meeting of Norwegian Energy Company ASA was held today, Wednesday 27 May 2009 in Stavanger.

Annual General meeting in Noreco - Nomination Committee's proposed Board of Directors

Wed, 20 May 2009 17:02:00 GMT

Stavanger 20 May 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR) Reference is made to the calling notice to Noreco`s Annual General Meeting, dated 12 May 2009.

Share capital increase

Wed, 13 May 2009 15:49:00 GMT

Stavanger, 13 May 2009: Norwegian Energy Company ASA (OSE:NOR). A share capital increase in Noreco (Norwegian Energy Company ASA) has today been registered in the Norwegian Registry of Business Enterprises.

Noreco increases exploration resources

Wed, 13 May 2009 10:41:00 GMT

Stavanger, 13. mai 2009: Norwegian Energy Company ASA (Noreco -OSE:NOR), Noreco`s five awards in the 20th licensing round in Norway will increase the risked exploration resources of the company by approximately 50 percent.

Invitation to Annual General Meeting

Tue, 12 May 2009 13:27:00 GMT

Stavanger 12 May 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR) Attached is the calling notice to Noreco`s Annual General Meeting.

April production

Tue, 12 May 2009 13:15:00 GMT

Stavanger, 12 May 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in April was 12,975 barrels oil equivalents per day, up 17 percent compared to the same month last year.

No negotiations with Det norske

Tue, 12 May 2009 08:45:00 GMT

Stavanger 12 May 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR) Reference is made to release by Det norske oljeselskap ASA 11 May 2009.

NORECO. COMPLETED PRIVATE PLACEMENT

Tue, 05 May 2009 08:55:00 GMT

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Stavanger, 5 May 2009

NOR - CONTEMPLATED PRIVATE PLACEMENT

Mon, 04 May 2009 17:40:00 GMT

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Drilling on the Gygrid prospect in Norway has started

Mon, 04 May 2009 16:17:00 GMT

Stavanger, 4 May, 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Exploration drilling on the Gygrid prospect in Norway has started.

Five awards to Noreco in the 20th license round

Mon, 04 May 2009 09:09:00 GMT

Stavanger, 4 May, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The oil company Noreco has been offered five licenses in the 20th license round on the Norwegian continental shelf.

Gas discovery in the North Sea

Thu, 30 Apr 2009 08:30:00 GMT

Stavanger, 30 April, 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The oil company Noreco announces the results from its gas discovery on the Gita field in the North Sea. - Based on the discovery well our base case is 250 million barrels of oil equivalents with substantial upside, says CEO Scott Kerr

Annual overview

Thu, 23 Apr 2009 13:23:00 GMT

Stavanger, 23 April , 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Issuers of listed transferable securities are required to provide Oslo Børs with an annual statement of information made available to the public, cf. the Securities Trading Act section 5-11.

Noreco Board of Directors approves the annual accounts for 2008

Thu, 23 Apr 2009 13:16:00 GMT

Stavanger, 23 April 2008: Norwegian Energy Company ASA (OSE:NOR), The Noreco Board of Directors has approved the 2008 annual financial statements.for Noreco Group and Noreco ASA.

Invitation to Noreco Q1 2009 Presentation / Webcast

Wed, 22 Apr 2009 14:48:00 GMT

Stavanger, 22 April 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q1 2009 on Thursday 30 April 2009 at 09.00 Norwegian time.

Noreco announces gas discovery at Gita

Wed, 15 Apr 2009 14:28:00 GMT

Stavanger, 15 April, 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Hydrocarbons has been discovered in the Gita exploration well in Denmark, where Noreco holds a 12% share.

First quarter oil and gas production

Tue, 07 Apr 2009 16:06:00 GMT

Stavanger, 7 April 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in the first quarter of 2009 was 13,625 barrels oil equivalents per day, up 37 percent compared to the same quarter last year.

Drilling update

Thu, 02 Apr 2009 09:28:00 GMT

Stavanger, 2 April 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco provides an update of its ongoing drilling program, where four wells are ongoing.

New Vice President for exploration in Noreco

Wed, 01 Apr 2009 08:45:00 GMT

Stavanger, 1 April 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR) Lars Fosvold is appointed to acting Vice President Exploration for Noreco effective from today. Former Vice President Reinert Seland will continue as an advisor for the company.

Annual reserve statement

Thu, 26 Mar 2009 08:30:00 GMT

Stavanger, 26 March 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco reports annual reserve statement for 2008.

Notice from bondholders meeting

Fri, 20 Mar 2009 13:45:00 GMT

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Noreco bond refinancing approved

Fri, 20 Mar 2009 13:40:00 GMT

Stavanger, 20 March 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has received approval the bondholders for a refinancing of the existing NOK 2,240 million bond (OSE:NOR01 & NOR02).

Noreco has received 2/3 pre-acceptance for the refinancing proposal

Mon, 16 Mar 2009 21:00:00 GMT

Stavanger, 16 March 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), reference is made to the release dated 11 March 2009. Noreco has received pre-acceptances from more than 2/3 of the bondholders for the proposed refinancing of the existing NOK 2,240 million bond (OSE:NOR01, NOR02. The proposal requires 2/3 support to be implemented.

Noreco refinances bond

Wed, 11 Mar 2009 15:01:00 GMT

Stavanger, 11 March 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has received pre-acceptances from the majority of the bondholders for a proposed refinancing of the existing NOK 2,240 million bond (OSE:NOR01 & NOR02).

Noreco increases reserves

Mon, 09 Mar 2009 09:05:00 GMT

Stavanger, 9 March 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The development plan for Oselvar has been submitted to Norwegian authorities. Noreco owns 15% of the field, and will book an additional 7.8 million barrels of oil equivalents, a 24% increase in the company's 2P reserves.

February oil and gas production

Wed, 04 Mar 2009 10:52:00 GMT

Stavanger, 4 March 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's production in February was 14,600 barrels of oil equivalents per day, up 52 percent compared to the same month last year.

Noreco - fourth quarter and preliminary results 2008

Thu, 19 Feb 2009 07:45:00 GMT

Strong operations Stavanger, 19 February 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The oil company Noreco reported strong operational performance in the fourth quarter of 2008. Results Noreco recorded operating revenues of NOK 541 million in Q4 2008, a 21% increase from Q4 2007. The operational result (EBITDA) was NOK 221 million and the net result - NOK 25 million. The company...

Noreco increases reserves

Thu, 12 Feb 2009 14:23:00 GMT

Stavanger, 12 February 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The oil company Noreco increased its oil and gas reserves by over 7.5 million barrels of oil equivalents in 2008, giving a reserve replacement ratio of 145%.

Invitation to Noreco Q4 08 Presentation / Webcast

Thu, 12 Feb 2009 11:20:00 GMT

Stavanger, 12 February 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q4 2008 Thursday 19 February 2009 at 08.30 Norwegian time.

January production

Thu, 05 Feb 2009 15:55:00 GMT

Stavanger, 5 February 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The oil company Noreco's production in January was 13,700 barrels of oil equivalents per day.

Invitation to press conference

Tue, 03 Feb 2009 08:41:00 GMT

3. February 2009. Norwegian Energy Company ASA (Noreco) will hold a press conference today at 11:00 Norwegian time, in Noreco`s offices in Stavanger.

Proposal by Noreco to merge with Det norske oljeselskap

Tue, 03 Feb 2009 08:41:00 GMT

Noreco proposes to merge with Det norske oljeselskap. Both the Norwegian companies are listed on Oslo Stock Exchange and combined they will become the largest independent E&P company besides StatoilHydro.

Proposal by Noreco to merge Noreco and Det norske oljeselskap

Tue, 03 Feb 2009 08:39:01 GMT

Stavanger, 3 February 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), has today proposed to Det norske oljeselskap ASA (Det norske - OSE:DETNOR) a combination of the two companies through a share-for-share merger. The proposed exchange ratio is 2.44918 Noreco shares per each Det norske share, implying a 52.5% ownership in the combined company for Det norske shareholders. Noreco's...

Siri West exploration well completed

Tue, 27 Jan 2009 11:28:00 GMT

Stavanger, 27 Jan 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Dong E&P A/S has concluded the drilling of the Siri West well in Denmark. The well did not encounter hydrocarbons. Noreco has a 50% interest in the Siri license, but had a reduced interest of 28.6% in this well.

Share Capital Increase

Thu, 22 Jan 2009 15:02:00 GMT

Stavanger, 22 January 2009: Norwegian Energy Company ASA (OSE:NOR) The share capital increase in Noreco announced 2 January 2009 has been registered in the Norwegian Registry of Business Enterprises.

Noreco Presentation at Pareto's E&P Independentes Conference, London

Wed, 21 Jan 2009 10:03:00 GMT

Stavanger, 21 January 2009: Norwegian Energy Company ASA(OSE:NOR), The attached company presentation will be given by CEO Scott Kerr today at the Pareto's E&P Independents Conference in London.

E.ON Ruhrgas appointed new operator of Huntington license

Mon, 12 Jan 2009 17:44:00 GMT

Stavanger, 12 January 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The non-operating partners of the Huntington field in the UK have unanimously decided to remove Oilexco as operator of the license and accepted E.ON Ruhrgas as the new operator of the license.

Regulation of interest rates

Fri, 09 Jan 2009 09:54:00 GMT

The interest rate for NO0010379076 has been regulated.

Record production in December

Tue, 06 Jan 2009 10:46:00 GMT

Stavanger, 6 January 2009: Norwegian Energy Company ASA (Noreco - OSE:NOR), The oil company Noreco's production in December was 16,100 barrels of oil equivalents per day, which is a new record for the company.

Drilling on the Hyme prospect has started

Fri, 02 Jan 2009 12:25:00 GMT

Stavanger, 2 January, 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Exploration drilling on the Hyme prospect in Norway has started.

Drilling on the Gita prospect in Denmark has started

Wed, 10 Dec 2008 15:41:00 GMT

Stavanger, 10 December, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Exploration drilling on the significant Gita prospect in Denmark has started.

Noreco's financial calendar 2009

Wed, 10 Dec 2008 08:33:00 GMT

Stavanger, 9 December, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco`s financial calendar for 2009 is as follows:

Brage well tested more than 15 000 barrels per day

Mon, 08 Dec 2008 15:33:00 GMT

Stavanger, 8 December, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), The operator StatoilHydro has successfully completed a well on the North flank of the Brage field in Norway.

Strong production in November

Wed, 03 Dec 2008 08:59:00 GMT

Stavanger, 3 December 2008: Norwegian Energy Company ASA(Noreco - OSE:NOR), Noreco's oil, gas and NGL production in November 2008 was 15 200 barrels of oil equivalents per day.

Share capital increase

Tue, 18 Nov 2008 08:20:00 GMT

Stavanger, 18 November 2008: Norwegian Energy Company ASA(OSE:NOR), The share capital increase in Noreco announced on 4 November 2008 was yesterday registered with the Norwegian Registry of Business Enterprises.

Six awards to Noreco in the UK 25th round

Thu, 13 Nov 2008 09:29:00 GMT

Stavanger, 13 November, 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has been offered six licenses in the UK 25th offshore round.

Noreco continues portfolio management program

Thu, 06 Nov 2008 14:25:00 GMT

Stavanger, 6 November, 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has entered into an agreement to sell a 30% interest in exploration license PL411 in Norway to Spring Energy.

October production in line with increased guidance

Wed, 05 Nov 2008 09:35:00 GMT

Stavanger, 5 November 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's oil, gas and NGL production in October 2008 was 13 300 barrels of oil equivalents per day.

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Tue, 04 Nov 2008 09:12:00 GMT

Stavanger, 4 November 2008: Norwegian Energy Company ASA(Noreco - OSE:NOR), Pursuant to the incentive scheme for the employees in Noreco, approved at the extraordinary general meeting held 14 January 2008, the annual bonus for 2008 has been paid out to the employees.

NOK 560 million early redemption of bonds and deletion of bond covenant approved

Mon, 03 Nov 2008 13:20:00 GMT

Stavanger, 3 November October 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has received approval from the NOK 2,800 million bondholders to redeem NOK 560 million of bonds at par value and remove the covenant related to the market adjusted equity ratio in the loan agreement.

Noreco makes new oil discovery

Thu, 23 Oct 2008 08:43:00 GMT

Stavanger, 23 October, 2008: Norwegian Energy Company ASA(Noreco - OSE:NOR), Oil has been discovered in the Knockandoo-Talisker exploration well near the producing Brage field in Norway, where Noreco owns a 13% share. The well is now being completed and is expected to start production within 3-4 weeks.

Record results from Noreco in 3Q 2008

Thu, 23 Oct 2008 07:28:00 GMT

Stavanger, 23 October 2008: Norwegian Energy Company ASA(Noreco - OSE:NOR), The oil company Noreco reached record levels both in revenue, oil production and results in 3Q 2008. EBITDA was NOK 580 million. Net result after finance and tax was NOK 135 million, which is more than triple the net results of 2Q

Proposed NOK 560 million early redemption of bonds and deletion of bond covenant

Wed, 22 Oct 2008 08:52:00 GMT

Stavanger, 22 October 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has received pre-acceptances from the majority of the NOK 2,800 million bondholders to redeem NOK 560 million of bonds at par value and remove the covenant related to the market adjusted equity ratio in the loan agreement.

Invitation to Noreco Q3 08 Presentation / Webcast

Wed, 15 Oct 2008 12:47:00 GMT

Stavanger, 15 October 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q3 2008 on Thursday 23 October 2008 at 09.00 Norwegian time.

Siri back in production today

Thu, 09 Oct 2008 14:51:00 GMT

Stavanger, 9th October 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), The planned shutdown on Noreco's Siri field for maintainance for 6 days was executed according to plan. The field is back in production today.

Analyst conference call

Wed, 08 Oct 2008 15:48:00 GMT

Stavanger, 8 October 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will host an analyst conference call on Thursday 9 October at 15:00 CET

Strong production in September and strong cash position

Wed, 01 Oct 2008 13:54:00 GMT

Stavanger, 1 October 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's oil, gas and NGL production for September 2008 was 15 400 barrels of oil equivalents per day.

Noreco rejects rumours

Tue, 30 Sep 2008 13:39:00 GMT

Stavanger, 30 September 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco remains very proactive in managing the business and the debt position. Noreco has sufficient cash from its strong production to run the company and meet its debt obligations, and the company is not and does not expect to be in breach of any of its financial or other covenants.

Noreco presentation: Pareto Securities 15th annual Oil and Offshore Conference 10 Sept 2008

Wed, 10 Sep 2008 12:33:00 GMT

Stavanger, 10 September 2008: Norwegian Energy Company ASA (OSE:NOR). The attached company presentation will be given by CEO Scott Kerr today at the Pareto Securities' 15th annual Oil & Offshore Conference, Oslo

Strong production in August

Wed, 03 Sep 2008 10:58:00 GMT

Stavanger, 3 September 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's oil, gas and NGL production for August 2008 was 15 150 barrels of oil equivalents per day.

Huntington development moves forward

Wed, 27 Aug 2008 15:32:00 GMT

Stavanger, 27 August, 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Oilexco, the operator of the Huntington field in UK, where Noreco owns a 20% share, has entered into a letter of intent with Bluewater for deployment of the Floating Production, Storage and Offloading vessel (FPSO) Glas Dowr at the Huntington field in the North Sea.

Noreco continues portfolio management program

Tue, 26 Aug 2008 11:47:00 GMT

Stavanger, 26 August, 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), has entered into an agreement to sell a 20% interest in exploration license PL455 in Norway to Lotos Exploration and Production Norge AS.

New oil discovery for Noreco

Wed, 20 Aug 2008 08:37:00 GMT

Stavanger, 20 August, 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has confirmed a new oil discovery following exploration drilling at the Ipswich prospect in Norway. The discovery is in the same license as the Oselvar discovery where a successful appraisal well was completed earlier this year. Noreco owns 15% of both discoveries.

Noreco makes oil discovery in Denmark

Fri, 08 Aug 2008 12:53:00 GMT

Stavanger, 8 August, 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Oil has been discovered in the South Tor Pod exploration well in Denmark, where Noreco owns a 6.56% share.

Company presentation

Tue, 05 Aug 2008 08:58:00 GMT

Stavanger, 5 August 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), An updated company presentation dated 5 August 2008 is attached.

Record production in July

Mon, 04 Aug 2008 13:59:00 GMT

Stavanger, 3 August 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's oil, gas and NGL production for July 2008 was 15 700 barrels of oil equivalents (boe) per day, which is a new record for the company.

Noreco increases 2008 production target

Thu, 24 Jul 2008 07:55:00 GMT

Stavanger, 24 July 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), The oil company Noreco increases its guidance for 2008 production by more than 25% to 11,500 - 12,000 barrels of oil equivalents per day.

Noreco Q2 2008 - The strongest quarter in the company's histrory

Thu, 24 Jul 2008 07:50:00 GMT

Stavanger, 24 July, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), The oil company Noreco delivered it's best quarterly result ever in Q2 2008, and at the same time enhanced it's balance sheet through acquisitions, share issues and refinancing.

Invitation to Noreco Q2 08 Presentation / Webcast

Mon, 14 Jul 2008 12:00:00 GMT

Stavanger, 14 July 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q2 2008 on Thursday 24 July 2008 at 09.00 Norwegian time.

Noreco - Share Capital increase

Wed, 09 Jul 2008 11:37:00 GMT

Stavanger, 9 July 2008: Norwegian Energy Company ASA (OSE:NOR), The share capital increase in Noreco (Norwegian Energy Compnay ASA) announced on 3. juli 2008 has today been registered with the Norwegian Registry of Business Enterprises.

Årsregnskap 2007 for Altinex Oil Norway

Mon, 08 Nov 2010 13:14:00 GMT

Stavanger 7. juli 2008. Vedlagt oversendes godkjent årsregnskap for 2007. Det inkluderer endringer i regnskapsprinsipp vedrørende kjøp av produserende oljefelt. Endringen medfører eliminering av goodwill samt justering av tilhørende utsatt skatt.

June and 2Q production

Thu, 03 Jul 2008 09:30:00 GMT

Stavanger, 3 July 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's oil, gas and NGL production for June 2008 was 12 250 barrels of oil equivalents (boe) per day. The average price achieved in June was 131 US$ per boe. In the beginning of July, Noreco set a new price record for crude oil sales at 138 US$ per barrel.

Completed tender offer to holders of 6% Norwegian Energy Company ASA Senior Unsecured Convertible Bond Issue 2007/12 (ISIN NO 001036883.0)

Thu, 03 Jul 2008 08:39:00 GMT

Stavanger, 3 July 2008: Norwegian Energy Company ASA (OSE:NOR), Reference is made to the press release dated 30 June 2008 were Norwegian Energy Company ASA ("Noreco") offered all 6% Noreco convertible bondholders to convert their bonds to shares whereby accepting bondholders would receive a fixed premium of 7.0% to par value plus accrued interest in cash.

Preliminary well results on Ipswich

Mon, 30 Jun 2008 11:28:00 GMT

Stavanger, 30 June 2008: Norwegian Energy Company ASA (OSE:NOR), The Ipswich exploration well, 1/3 - 11, which is operated by Dong Energy, has shown indications of hydrocarbons.

Tender offer to holders of 6% Norwegian Energy Company ASA Senior Unsecured Convertible Bond Issue 2007/12 (ISIN NO 001036883.0)

Mon, 30 Jun 2008 09:04:00 GMT

Stavanger, 30 June 2008: Norwegian Energy Company ASA (OSE:NOR), Norwegian Energy Company ASA ("Noreco") offers all 6% Noreco convertible bondholders to convert their bonds to shares whereby accepting bondholders will receive a fixed premium of 7.0% to par value plus accrued interest in cash.

Share capital increase

Thu, 26 Jun 2008 12:53:00 GMT

Stavanger, 26 June 2008: Norwegian Energy Company ASA (OSE:NOR), The share capital increase in Noreco announced on 17 June 2008 has today been registered with the Norwegian Registry of Business Enterprises.

Drilling update

Wed, 25 Jun 2008 09:30:00 GMT

Stavanger, 25 June 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco provides an update of its ongoing drilling program, where three wells are being finalized and another three wells are commencing.

Full repayment Geopard Bond

Mon, 23 Jun 2008 13:37:00 GMT

Stavanger, 23 June, 2008: Norwegian Energy Company ASA(OSE:NOR), Noreco completes repayment in full of its 130 million USD Geopard bond.

Noreco completes acquisition of Talisman Oil Denmark Limited

Thu, 19 Jun 2008 09:54:00 GMT

STAVANGER, Norway, 19 June 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco has completed the acquisition of all the shares in Talisman Oil Denmark Limited. The transaction includes the producing Siri field in the Danish sector of the North Sea, and will increase Noreco's daily oil production significantly.

Subsequent offering allocation

Tue, 17 Jun 2008 16:03:00 GMT

Stavanger, 17 June, 2008: Norwegian Energy Company ASA (Noreco, OSE: NOR), Allocation of subsequent offering in Noreco with gross proceeds of NOK 58.75 million has been completed.

Final reserve based lending agreement and new price hedging

Tue, 17 Jun 2008 08:55:00 GMT

Stavanger, 17 June, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco has entered into an loan agreement to increase its existing reserve based lending facility to 325 mill US$.

Subsequent offering completed

Mon, 16 Jun 2008 17:15:00 GMT

Stavanger, 16 June, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), A subsequent offering in Noreco with gross proceeds of NOK 58.75 million has been completed.

Noreco confirms gas discovery

Mon, 16 Jun 2008 08:48:00 GMT

Stavanger, 16 June, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Gas was discovered in the second exploration well on the Galtvort prospect in Norway, where Noreco holds a 17.5% share.

May 2008 production

Wed, 04 Jun 2008 10:00:00 GMT

Stavanger, 4 June 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco's oil, gas and NGL production for May 2008 was 11,300 barrels of oil equivalents per day. The average price achieved in May was 121 US$ per barrel oil equivalent after cost of put options.

Tax conference call

Mon, 02 Jun 2008 14:16:00 GMT

Stavanger, 2 June, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco will host an analyst conference call on Noreco group tax at 11:00 CET Friday 13 June 2008.

Drilling on Ipswich prospect in Norway has started

Wed, 28 May 2008 10:43:00 GMT

Drilling of exploration well 1/3-11 on the Ipswich prospect located in license PL 274 in Norway has started.

Subsequent offering

Wed, 28 May 2008 08:59:00 GMT

Stavanger, 28 May, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco conducts subsequent offering and publishes new prospectus.

Noreco develops the Nini East field

Mon, 26 May 2008 11:23:00 GMT

Stavanger, 26 May, 2008: Norwegian Energy Company ASA(OSE:NOR), The development of the Danish Nini East field is sanctioned by all the license partners and contracts for construction are issued. Noreco owns a 30% stake. When production Noreco's net daily oil production will increase by 3,300 oil barrels.

Noreco acquires license in Norway

Fri, 23 May 2008 14:38:00 GMT

Stavanger, 23 May, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco increases its ownership in license PL453 S in Norway to 25%.

Noreco applies for licenses in the UK 25th round

Wed, 21 May 2008 15:15:00 GMT

Stavanger, 21 May, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco today submitted applications for licenses in the UK 25th round.

Noreco makes gas discovery

Wed, 21 May 2008 08:36:00 GMT

Stavanger, 21 May, 2008: Norwegian Energy Company ASA(OSE:NOR), Gas has been discovered in the first exploration well on the Galtvort prospect in Norway, where Noreco holds a 17.5% share. Drilling on the license is still ongoing, and size of the discovery is not yet decided.

Term sheet reserve based lending facility

Fri, 09 May 2008 12:07:00 GMT

Stavanger, 9 May, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco has entered into a term sheet to increase its existing reserve based lending facility up to 325 mill US$.

Repayment of bond

Fri, 09 May 2008 12:05:00 GMT

Stavanger, 9 May, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco will repay in full its 130 million US$ Geopard bond.

New Certificate of Registration

Wed, 07 May 2008 14:30:00 GMT

Stavanger, 7 May 2008: Norwegian Energy Company ASA (OSE:NOR), Please find the updated Certificate of Registration attached, reflecting inter alia Noreco's new auditor.

Share capital increase

Tue, 06 May 2008 13:50:00 GMT

Stavanger, 6 May 2008: Norwegian Energy Company ASA (OSE:NOR), The share capital increase in Noreco announced on 28 April 2008 has today been registered with the Norwegian Registry of Business Enterprises.

April production

Tue, 06 May 2008 09:57:00 GMT

Stavanger, 6 May 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco's oil, gas and NGL production for April 2008 was 11,100 barrels of oil equivalents (boe) per day. The average price achieved in April was 105 US$ per boe. In the beginning of May, Noreco set a new price record for crude oil sales at 116 US$ per barrel.

Noreco completes acquisition of Danish licenses from Chevron

Wed, 30 Apr 2008 08:32:00 GMT

Stavanger, 30 April, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco has received all required approvals for its acquisition of two Danish licenses from Chevron Denmark Inc. An exploration well will be drilled on the Gita prospect this summer as part of Noreco's extensive exploration and appraisal programme.

Drilling result of Yoda well

Wed, 30 Apr 2008 08:31:00 GMT

Stavanger, 30 April, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), StatoilHydro, operator of production licence 271 and 302 in Norway, has concluded the drilling of exploration well 7/1-2, on the Yoda Prospect.

Planned Subsequent Offering

Mon, 28 Apr 2008 12:16:00 GMT

Stavanger, 28 April, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Reference is made to the stock exchange notice dated 28 April 2008 regarding the completed private placement and the planned subsequent offering of shares in Noreco.

Completed Private Placement and planned Subsequent Offering

Mon, 28 Apr 2008 08:11:00 GMT

Stavanger, 28 April, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco has completed a private placement for 19,149 million new shares. The private placement was substantially over-subscribed. The subscription price was set to NOK 23.50 per share, giving gross proceeds of approximately NOK 450 million.

Minutes from Annual General Meeting

Fri, 25 Apr 2008 19:13:00 GMT

Stavanger, 25 April, 2008: Norwegian Energy Company ASA (Noreco,OSE:NOR). The Annual General Meeting of Norwegian Energy Company ASA was held today, Friday 25 April 2008 in Stavanger.

Norske Noreco kjøper oljeselskap

Mon, 08 Nov 2010 11:12:00 GMT

Stavanger, 25. april 2008: Oljeselskapet Noreco kjøper Talisman Oil Denmark Limited for 83 millioner dollar. Etter kjøpet øker Norecos daglige oljeproduksjon med mer enn 20%, mens oljereservene øker med 4,35 millioner fat.

Private Placement

Fri, 25 Apr 2008 08:01:00 GMT

Stavanger, 25. April, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Reference is made to the stock exchange release dated 25 April 2008 where Noreco has entered into a Share Sale Agreement for the acquisition of the shares in Talisman Oil Denmark Limited, which owns a 30% interest in the Siri license located in Denmark.

Noreco acquires Talisman Oil Denmark Limited

Fri, 25 Apr 2008 08:00:00 GMT

STAVANGER, Norway, 25 April: Norwegian Energy Company ASA (OSE:NOR), Noreco has entered into a Share Sale Agreement with Paladin Resources Limited (whose ultimate parent company is Talisman Energy Inc) to acquire all the shares in Talisman Oil Denmark Limited for a consideration of 83 million US$.

Noreco Q1 08 - Strong operating results in Q1 08

Thu, 24 Apr 2008 07:30:00 GMT

Stavanger, 24 April, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), The Norwegian based oil company Noreco reported operating revenues of 436 million NOK in the first quarter of 2008. EBITDA was 273 million NOK and net result after finance and tax was - 28 million NOK. A new record for sale of crude oil was set at 106 USD per barrel in March.

Invitation to Noreco Q1 08 Presentation / Webcast

Thu, 17 Apr 2008 16:50:00 GMT

Noreco will present the results for Q1 2008 on Thursday 24 April 2008 at 09.00 Norwegian time.

Annual overview

Wed, 16 Apr 2008 12:24:00 GMT

Stavanger, 16 April , 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Issuers of listed transferable securities are required to provide Oslo Børs with an annual statement of information made available to the public, cf. the Securities Trading Act section 5-11.

Annual General Meeting

Mon, 14 Apr 2008 15:51:00 GMT

Stavanger, 14 April, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco's annual general meeting will be held in Stavanger on 25 April 2008.

Noreco sells South East Tor share

Mon, 14 Apr 2008 13:47:00 GMT

Stavanger, 14 April , 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco has entered into an agreement to farm-down in the South East Tor discovery in the Norway. Faroe Petroleum will earn a 10% interest in the discovery by carrying 140 mill NOK of Noreco's costs. Noreco's interest in the licenses after the transaction will be 15%.

Noreco - Annual reserve statement 2007

Fri, 11 Apr 2008 16:51:00 GMT

Stavanger, 11 April, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco reports its first annual reserve statement today.

Noreco presentation at First Securities Energy Summit, London

Tue, 08 Apr 2008 12:11:00 GMT

Stavanger, 8 April 2008: Norwegian Energy Company ASA (OSE:NOR), The attached company presentation will be given by CEO Scott Kerr today at the First Securities Energy Summit, London.

Call for annual general meeting

Fri, 04 Apr 2008 16:59:00 GMT

Shareholders in Norwegian Energy Company ASA ("Noreco") are invited to attend the Annual General Meeting to be held at on Friday 25 April 2008 at 14.00 i Hall Toll 2. etg Skanseg.2, 4006 Stavanger, Norway

March 2008 Production

Tue, 01 Apr 2008 13:27:00 GMT

Stavanger, 1 April 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco's oil, gas and NGL production for March 2008 was 10,500 barrels of oil equivalents (boe) per day. The average price achieved for the month was 95 US$ per boe.

Noreco board approves 2007 annual report

Mon, 31 Mar 2008 15:46:00 GMT

Stavanger, 29 March 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco announced today that its Board of Directors has approved the 2007 annual financial statements based on international financial reporting standards (`IFRS`).

Company Presentation

Tue, 11 Mar 2008 13:34:00 GMT

Stavanger, 11 March 2008: Norwegian Energy Company ASA (OSE:NOR), Scott Kerr will be giving the attached presentation at the Pareto and Nordic Partners Norwegian Oil & Oil Services Conference in New York today.

New company certificate

Tue, 11 Mar 2008 11:26:00 GMT

Stavanger, 11 March 2008: Norwegian Energy Company ASA (OSE:NOR), The Register of Business Enterprises has registered a new clause in the Articles of Association regarding authorisation to sign on behalf of Noreco (Norwegian Energy Company ASA).

February 2008 production

Wed, 05 Mar 2008 10:02:00 GMT

Stavanger, 5 March, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco's oil, gas and NGL production for February was 9,600 barrels of oil equivalents per day. The average price achieved for the month was 95 $ per barrel.

Farm-down of exploration licenses

Wed, 27 Feb 2008 13:54:00 GMT

Stavanger, 27 February, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco has entered into an agreement to farm-down in exploration licenses PL271 and PL302 in Norway.

Noreco - Brage well tested more than 17 000 barrels per day

Mon, 25 Feb 2008 14:48:00 GMT

Stavanger, 25 February, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), The operator StatoilHydro has successfully completed a well on the North flank of the Brage field in Norway.

Noreco - Registered share capital increase

Tue, 19 Feb 2008 15:50:00 GMT

Stavanger, 19 February 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), The share capital increase in Noreco announced on 16 January 2008 has been approved and registered in the Norwegian Registry of Business Enterprises.

Successful Nemo appraisal well

Fri, 15 Feb 2008 09:24:00 GMT

Stavanger, 15 February, 2008: Norwegian Energy Company ASA (OSE:NOR), Appraisal drilling on the Nemo discovery in Norway has been completed. The results are positive, and confirm the extension of the Nemo field. Noreco owns 20% of the discovery.

Noreco Q4 07 - Strong operating result

Thu, 14 Feb 2008 08:14:00 GMT

Stavanger, 14 February, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), The Norwegian based oil company Noreco reported operating revenues of 448 million NOK in the fourth quarter of 2007. EBITDA was 278 million NOK and net result after finance and tax was - 77 million NOK.

Noreco outlines plans for 2008

Thu, 14 Feb 2008 08:04:00 GMT

Stavanger, 14 February, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), The Norwegian based oil company Noreco presents its plans for 2008 today. Revenues from production has been protected through put options at 75 $ per barrel to April 2009. Funding of the full activity set is in place.

First phase of appraisal of the Huntington discovery completed

Mon, 11 Feb 2008 09:16:00 GMT

Stavanger, 11 February, 2008: Norwegian Energy Company ASA (Noreco) (OSE:NOR), The first phase of the appraisal of the Paleocene Forties sand and the Upper Jurassic Fulmar sand in multiple zone Huntington discovery in UK has been completed.

Large award to Noreco in APA 2007

Fri, 08 Feb 2008 16:02:00 GMT

Stavanger, 8 February, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco has been awarded 9 new licenses including 3 operatorships in the 2007 Awards in Predefined Areas (APA) in Norway.

Noreco - January 2008 production

Fri, 08 Feb 2008 12:41:00 GMT

Stavanger, 8 February, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco's oil, gas and NGL production for January 2008 was 9,700 barrels of oil equivalents per day. The average price achieved for the month was 83 $ per barrel.

Noreco - Successful Oselvar appraisal well

Fri, 08 Feb 2008 08:34:00 GMT

Stavanger, 8 February, 2008: Norwegian Energy Company ASA (OSE:NOR), The appraisal drilling on the Oselvar discovery in Norway has been completed.

Invitation to Noreco Q4 2007 Presentation/Webcast

Wed, 06 Feb 2008 14:38:00 GMT

Noreco will present the results for Q4 2007 on Thursday 14 February 2008 at 09.00 Norwegian time.

Loan facility underpins 2008 and 2009 exploration and appraisal activities

Mon, 04 Feb 2008 15:00:00 GMT

Stavanger, 4 February, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco today signed a 800 million NOK loan facility agreement with Sparebank1 SR-Bank and DnB NOR.

Company presentation

Thu, 17 Jan 2008 10:15:00 GMT

Stavanger, 17 January 2008: Norwegian Energy Company ASA (OSE:NOR), The attached company presentation were given by CEO Scott Kerr today at the Pareto`s 3rd annual E&P Independents Conference in London.

Share capital increase

Wed, 16 Jan 2008 15:07:00 GMT

Stavanger, 16 January 2008: Norwegian Energy Company ASA (OSE:NOR), In a Board of Directors meeting held 16 January 2008, the Board resolved to utilise its authorisation to issue new shares.

Minutes from Extraordinary General Meeting

Mon, 14 Jan 2008 11:50:00 GMT

Stavanger, 14 January 2008: Norwegian Energy Company ASA (OSE:NOR), Minutes from an extraordinary general meeting in Noreco held today 14 January 2008 are attached to this message

December and 4Q 2007 production

Thu, 10 Jan 2008 10:00:00 GMT

Stavanger, 10 January 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco's oil, gas and NGL production for 4Q 2007 was 10,500 barrels of oil equivalents (boe) per day, in line with the guidance for the quarter. The average price achieved for the quarter was 83 US$ per boe.

Company presentation

Wed, 09 Jan 2008 16:35:00 GMT

Stavanger, 9 January 2008: Norwegian Energy Company ASA (OSE:NOR), The attached company presentation were given by CEO Scott Kerr today at the SEB Enskilda Nordic Small & Mid Cap Nordic Seminar in Copenhagen.

Oselvar well confirms good reservoir characteristics

Fri, 04 Jan 2008 08:42:00 GMT

Stavanger, 4 January, 2008: Norwegian Energy Company ASA (OSE:NOR), Noreco today announced the results of an appraisal well on the Oselvar discovery in license PL274 on the Norwegian continental shelf.

Calling notice for Extraordinary General Meeting

Thu, 20 Dec 2007 13:49:00 GMT

The Board of Directors in Noreco (Norwegian Energy Company ASA) calls for an extraordinary general meeting 14 January 2008 at 11.00.

Nemo Appraisal Well Spudded

Mon, 17 Dec 2007 11:33:00 GMT

Noreco (Norwegian Energy Company ASA) today announced that drilling of the appraisal well 7/4-2 on the Nemo Field in production license PL 148 on the Norwegian Continental Shelf (NCS) has commenced.

Completion of first stage of appraisal drilling on Hungtionton discovery

Fri, 14 Dec 2007 08:50:00 GMT

Stavanger, 14 December, 2007: Norwegian Energy Company ASA (OSE:NOR), Noreco today announced the completion of the first stage of appraisal drilling on Huntington discovery in block 22/14b in the UK Central North Sea.

Financial Calendar 2008

Fri, 07 Dec 2007 13:26:00 GMT

Financial calendar for Noreco (Norwegian Energy Company ASA) for 2008:

November 2007 Production

Thu, 06 Dec 2007 16:32:00 GMT

Noreco's (Norwegian Energy Company ASA) oil, gas and NGL production for November 2007 was 10,900 barrels of oil equivalents (boe) per day. The average price achieved was 84 US$ per boe. Based on the production for the two first months of 4Q 2007, the forecast for 4Q is revised from in the range of 10,000 boe per day to in excess of 10,500 boe per day. The November 2007 production volume is...

Noreco ASA - Exploration Financing Facility

Wed, 28 Nov 2007 13:14:00 GMT

Noreco (Norwegian Energy Company ASA)has entered into a term sheet with Sparebanken 1 SR-Bank and DnB NOR Bank ASA with the purpose of financing the company`s exploration activity on the Norwegian Continental Shelf.

Q3 07 - Continued strong growth

Fri, 23 Nov 2007 07:55:00 GMT

Stavanger, 23 November, 2007: Norwegian Energy Company ASA (OSE:NOR), The Norwegian based oil company Noreco (Norwegian Energy Company ASA) had operating revenues of 392 million NOK in the third quarter of 2007. EBITDA was 120 million NOK and net result after finance and tax was -100 million NOK.

Noreco ASA - Share capital increase

Wed, 21 Nov 2007 14:07:00 GMT

In a board meeting held 21 November 2007, the Board of Directors of Norwegian Energy Company ASA (`Noreco` or the `Company`) resolved to increase the Company`s share capital by NOK 60,533.70 by issuing 19,527 shares, each with a nominal value of NOK 3.10. The shares were issued in accordance with the authorization given to the Board of Directors in the extraordinary general meeting held 10...

Noreco ASA - October 2007 Production

Wed, 14 Nov 2007 14:11:00 GMT

Noreco`s (Norwegian Energy Company ASA) oil, gas and NGL production for October 2007 was 11,400 barrels of oil equivalents (boe) per day. The average price achieved was 82 US$ per boe.

Noreco ASA - Q3 2007 Presentation

Tue, 13 Nov 2007 14:16:00 GMT

Norwegian Energy Company ASA (Noreco) will present its results for Q3 2007 on Friday 23 November 2007 at 10.30. The presentation will take place at Felix konferansesenter, Bryggetorget 3, Oslo. The presentation can also be followed by web cast at www.noreco.com . Contact: Einar Gjelsvik, VP Investor / External Relations (+47 992 83 856)

Noreco exits Oman and Germany

Fri, 09 Nov 2007 08:17:00 GMT

Noreco (Norwegian Energy Company ASA) has entered into an agreement to sell its assets in Oman to Tethys Oil AB. Noreco has also decided not to renew the license term on the German continental shelf.

Invitasjon til presentasjon av Noreco ifm børnotering i morgen 9.november

Thu, 08 Nov 2007 13:59:00 GMT

Noreco (Norwegian Energy Company) noteres på Oslo Børs i morgen fredag 9. november. I den forbindelse inviteres presse og andre interesserte til en presentasjon.

Noreco ASA - Listing of Noreco on Oslo Børs

Fri, 02 Nov 2007 14:23:00 GMT

Reference is made to the press-release from Norwegian Energy Company ASA (`Noreco` or the `Company`) published on 22 October 2007 regarding the completed private placement of 16,666,667 new shares at NOK 33 per share with gross proceeds NOK 550 million, and the announcement of a potential retail offering of up to NOK 50 million.

September 2010 Production

Tue, 05 Oct 2010 08:45:00 GMT

Stavanger, 5 October 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Noreco's oil and gas production in September 2010 was 8,800 barrels of oil equivalents (boe) per day. Net realized oil price was USD 77 per boe after adjustments for oil put options, inventory and NGL and gas prices.

FPSO contract signed for Huntington field

Tue, 09 Nov 2010 15:26:00 GMT

Stavanger, 9 November 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that the joint venture partners in the Huntington field development today signed a leasing contract for the FPSO Sevan Voyageur.

Invitation to Noreco Q3 2010 Presentation / Webcast

Tue, 19 Oct 2010 13:28:00 GMT

Stavanger, 19 October 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q3 2010 on Thursday 28 October 2010 at 08.30 Norwegian time.

2011 financial calendar

Mon, 25 Oct 2010 10:10:00 GMT

Stavanger, 25 Oct 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR), Financial calendar for Noreco for 2011:

Noreco reports third quarter 2010 results and announces a review of strategic alternatives

Thu, 28 Oct 2010 07:03:00 GMT

Stavanger, 28 October 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR) today presents its third quarter 2010 results, with EBITDA of NOK 327 million, 21% higher than in second quarter, and a net result of NOK 167 million, compared with NOK -6 million the previous quarter.

Noreco awarded two licenses in 26th round in UK

Thu, 28 Oct 2010 15:00:00 GMT

Stavanger, 28 October 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) has been awarded two licenses including one operatorship in the 26th Seaward Licensing Round in United Kingdom which closed on 28 April 2010.

Drilling on Barchan has started

Fri, 29 Oct 2010 08:50:00 GMT

Stavanger, 29 October 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that drilling of exploration well 3/8-1 has started. Target for the well is the Barchan prospect.

October 2010 production

Fri, 05 Nov 2010 11:08:00 GMT

Stavanger, 5 November 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Noreco's oil and gas production in October 2010 was 9,600 barrels of oil equivalents (boe) per day. Net realized oil price was USD 78.25 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Noreco contemplates bond issue

Sun, 14 Nov 2010 19:30:00 GMT

Stavanger, 15 November 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) is contemplating to issue a new senior unsecured bond in the Norwegian bond market with maturity date in December 2013.

Huntington field development plan approved by DECC

Mon, 15 Nov 2010 19:39:00 GMT

Stavanger, 16 November 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that the Field Development Plan for the Huntington field has been approved by the Department for Energy and Climate Change (DECC).

Noreco successfully completes new bond issue

Thu, 18 Nov 2010 07:17:00 GMT

Stavanger, 18 November 2010: Norwegian Energy Company ASA (OSE:NOR) has successfully completed a new 3 year bond issue totaling NOK 700 million. The proceeds will be used to refinance the existing bond loan ALXO02 and for general corporate purposes.

Result of arbitration received

Mon, 22 Nov 2010 22:06:00 GMT

Stavanger, 23 November 2010: Reference is made to the announcement of 22 March 2010 concerning an agreement between Norwegian Energy Company ASA (Noreco, OSE:NOR) and Norsk Tillitsmann ASA referring a disagreement regarding the conversion price in Noreco's NOK 218.5 million convertible bond loan with ISIN NO 001036883.0 (the “Convertible Bond”) to an arbitration panel.

Noreco publishes annual report for 2008

Thu, 30 Apr 2009 08:31:00 GMT

Stavanger, 30 April, 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco's annual report for 2008 is published today.

Annual report 2009 for Noreco

Wed, 14 Apr 2010 08:46:00 GMT

Stavanger, 14 April 2010: Norwegian Energy Company ASA (Noreco -OSE:NOR), The annual report for 2009 for Norwegian Energy Company ASA (Noreco) has been published today, and may be downloaded from the company's web site www.noreco.com or www.newsweb.no

RECEIVED APPLICATION FOR LISTING

Sat, 29 Sep 2007 08:09:00 GMT

Oslo Børs has received a request for admission to stock exchange, alternatively Oslo Axess, trading from Norwegian Energy Company ASA.

CALLING NOTICE FOR EXTRAORDINARY GENERAL MEETING

Thu, 27 Sep 2007 08:11:00 GMT

The Board of Directors in Norwegian Energy Company ASA calls for an extraordinary general meeting Wednesday 10 October 2007 at 11.00.

NORECO ACQUIRES LICENSE ON NORWEGIAN CONTINENTAL SHELF

Mon, 01 Oct 2007 08:53:00 GMT

Norwegian Energy Company ASA (Noreco) has today entered into an agreement to acquire a 12% interest in license PL440 S in the southern part of the Norwegian Continental Shelf (NCS) from Lundin Norway AS.

NORECO - PRIVATE PLACEMENT OF UP TO NOK 700 MILLION

Mon, 08 Oct 2007 07:45:00 GMT

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN THE UNITED STATES, CANDA, AUSTRALIA OR JAPAN.

NORECO - COMPANY PRESENTATION

Mon, 08 Oct 2007 07:45:00 GMT

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN, OR IN ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION AND DISTRIBUTION WOULD BE UNLAWFUL.

NORECO - NOMINATION OF DIRECTORS

Mon, 08 Oct 2007 07:45:00 GMT

Reference is made to a calling notice issued on 26 September 2007 for an extraordinary general meeting in Noreco to be held 10 October 2007 (the `EGM`).

MINUTES FROM EXTRAORDINARY GENERAL MEETING

Wed, 10 Oct 2007 13:18:00 GMT

In accordance with the calling notice dated 26 October 2007, an extraordinary general meeting in Norwegian Energy Company ASA was held today, 10 October 2007, in Stavanger. The minutes from the meeting is attached.

SHARE SPLIT

Tue, 16 Oct 2007 11:59:00 GMT

Reference is made to the announcement made on 10 October 2007 regarding the extraordinary general meeting in Norwegian Energy Company ASA held on the same date.

NORECO - SHARE SPLIT

Wed, 17 Oct 2007 08:38:00 GMT

Further to resolution by the extraordinary general meeting on 10 October 2007, and the notice yesterday, 16 October 2007, the shares in Norwegian Energy Company ASA (Noreco) will be traded ex split (1:4) as from and including today, 17 October 2007.

3RD QUARTER PRODUCTION

Thu, 18 Oct 2007 10:15:00 GMT

Oil, NGL and gas production for 3Q 2007 for Norwegian Energy Company ASA (`Noreco`) was 10 350 barrels of oil equivalents (boe) per day. The achieved average sales price was USD 71.5 per boe, including gas and NGL and deduction of costs for oil price hedging.

NORECO SUCCESSFULLY COMPLETES NOK 550 MILLION PRIVATE PLACEMENT

Mon, 22 Oct 2007 08:20:00 GMT

Norwegian Energy Company ASA (`Noreco`) has successfully completed the private placement announced 8 October 2007 and Noreco has decided to raise NOK 550 million in new equity, representing 16,666,667 new shares in the Company.

SHARE CAPITAL INCREASE

Tue, 23 Oct 2007 08:47:00 GMT

Reference is made to the announcement made on 22 October 2007 regarding Norwegian Energy Company ASA`s (`Noreco`) successfully completion of the private placement whereby Noreco has decided to raise NOK 550 million in new equity, representing 16,666,667 new shares in the Company. The price per share has been set at NOK 33.

REGISTERED SHARE CAPITAL INCREASE

Tue, 23 Oct 2007 12:01:00 GMT

Reference is made to the announcement made earlier today regarding the board resolutions to increase the share capital in Norwegian Energy Company ASA (`Noreco`).

NORWEGIAN ENERGY COMPANY ASA

Wed, 24 Oct 2007 16:27:00 GMT

The Board of Oslo Børs resolved to admit shares in Norwegian Energy Company ASA (Noreco) to listing on Oslo Børs.

NORECO ACQUIRES TWO DANISH OFFSHORE LICENSES FROM CHEVRON DENMARK

Thu, 25 Oct 2007 14:27:00 GMT

Norwegian Energy Company ASA (Noreco) announced today that the company has through its 100% owned affiliate Altinex Oil Denmark A/S entered into an agreement with Chevron Denmark Inc to acquire a 12% interest in Licence 9/06 (Gita) and Licence 9/95 (Maja) on the Danish Continental Shelf .

NORECO ANNOUNCES SALE OF ALTINEX SERVICES AS

Fri, 26 Oct 2007 15:18:00 GMT

Norwegian Energy Company ASA (`Noreco`) has today entered into an agreement to sell its wholly owned subsidiary Altinex Services AS to IKM Testing AS. Terms of the transaction were not disclosed. The agreement is subject to customary approvals and conditions.

NORECO ANNOUNCES SALE OF ALTINEX RESERVOIR TECHNOLOGY AS

Wed, 31 Oct 2007 16:02:00 GMT

Norwegian Energy Company ASA (`Noreco`) has today entered into an agreement to sell its wholly owned subsidiary Altinex Reservoir Technology AS to IKM Laboratorium AS. The terms of the transaction were not disclosed. The agreement is subject to customary approvals and conditions.

APPROVED PROSPECTUS

Fri, 02 Nov 2007 08:27:00 GMT

Oslo Børs has approved the following prospectus:

OSLO BØRS - NOR01 - NYTT LÅN TIL NOTERING I MORGEN

Mon, 05 Nov 2007 14:30:00 GMT

Nytt lån til notering i morgen, 06.11.2007:

OSLO BØRS - NOR02 - NYTT LÅN TIL NOTERING I MORGEN

Mon, 05 Nov 2007 14:46:00 GMT

Nytt lån til notering i morgen, 06.11.2007:

OSLO BØRS - NYTT LÅN TIL NOTERING I DAG

Tue, 06 Nov 2007 08:18:00 GMT

Nytt lån til notering i dag, 06.11.2007:

OSLO BØRS - NYTT LÅN TIL NOTERING I DAG

Tue, 06 Nov 2007 08:19:00 GMT

Nytt lån til notering i dag, 06.11.2007:

OSLO BØRS - NYTT LÅN TIL NOTERING I DAG**KORR

Tue, 06 Nov 2007 09:40:00 GMT

Nytt lån til notering i dag, 06.11.2007:

OSLO BØRS - NYTT LÅN TIL NOTERING I DAG**KORR

Tue, 06 Nov 2007 09:42:00 GMT

Nytt lån til notering i dag, 06.11.2007:

OSLO BØRS - NOR - NEW SECURITY AS FROM TOMORROW

Thu, 08 Nov 2007 12:49:00 GMT

New security is quoted as from tomorrow, 09.11.2007:

OSLO BØRS - NOR - NEW SECURITY AS FROM TODAY

Fri, 09 Nov 2007 07:50:00 GMT

New security is quoted as from today, 09.11.2007:

REGISTERED SHARE CAPITAL INCREASE

Tue, 04 Dec 2007 16:26:00 GMT

The share capital increase in Noreco (Norwegian Energy Company ASA) announced on 21 November 2007 has been approved and registered in the Norwegian Registry of Business Enterprises.

New interest rate

Thu, 10 Jan 2008 14:41:00 GMT

See attachment on www.newsweb.no

Mandatory notification of trade

Mon, 14 Jan 2008 14:38:00 GMT

Close associate to Scott Kerr has 14.01.2008 purchased 3000 shares in Norwegian Energy Company ASA.

Mandatory notification of trade

Mon, 14 Jan 2008 16:25:00 GMT

Close associate of Scott Kerr has today purchased 17,000 share in NOR at a price of NOK 25.7415.

Mandatory notification of trade

Wed, 16 Jan 2008 16:01:00 GMT

Close associates of Thor Arne Olsen has on the 16.01.08 purchased 31.457 shares at a price of NOK 30,00 per share.

Mandatory notification of trade

Wed, 16 Jan 2008 16:09:00 GMT

Scott Kerr has on the 16.01.08 purchased 6,385 shares at a price of NOK 24.531.

Mandatory notification of trades

Wed, 16 Jan 2008 16:23:00 GMT

Jan Nagell has today subscribed to 15.766 shares at a price of NOK 30.00. New holding is 15.766 shares. Birte Noer Borrevik has today subscribed to 20.230 shares at a price of NOK 30.00. New holding is 96.310 shares. Einar Gjelsvik has today subscribed to 7.313 shares at a price of NOK 30.00. New holding is 58.189. Scott Kerr has today subscribed to 36,765 shares at a price of NOK 30.00 p...

Mandatory notification of trade

Thu, 17 Jan 2008 08:27:00 GMT

Rune Martinsen has 16 January 2008 subscribed to 15941 shares at a price of NOK 30.00.

Mandatory notification of trade

Thu, 17 Jan 2008 08:36:00 GMT

Close associate to Reinert Seland has 16 January 2008 purchased 26 950 shares at a price of NOK 30 per share.

Mandatory notification of trade

Thu, 17 Jan 2008 13:39:00 GMT

Stig Frøysland has 16 January 2008 subscribed to 17222 shares at a price of NOK 30.00.

Transaction of close Associate- Noreco (NOR)

Thu, 24 Jan 2008 08:48:00 GMT

NORECO - NOTIFICATION OF TRANSACTION OF CLOSE ASSOCIATE PURSUANT TO SECTION 3-1 OF THE SECURITIES TRADING ACT

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 3-1 OF THE SECURITIES TRADING ACT

Tue, 29 Jan 2008 14:17:00 GMT

Lars Arne takla has 29.01.08 purchased 3000 shares at nok 19.00 per share ,1000 shares at nok 20.00 per share and 6000 shares at nok 20.50 nok per share.

Mandatory Notification of Trade

Fri, 22 Feb 2008 10:27:00 GMT

Therese Log Bergjord has 22.02.2008 purchased 8000 shares at a price of NOK 26,00 per share.

Noreco publishes annual report for 2007

Fri, 11 Apr 2008 16:40:00 GMT

Stavanger, 11 April, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco's first annual report as a public company is published today.

NORWEGIAN ENERGY COMPANY DISCLOSURE OF LARGE SHAREHOLDINGS

Mon, 28 Apr 2008 09:39:00 GMT

On 28 April 2008 Pendragon (Master) Fund Ltd and CASAM Pendragon Event Value Fund Ltd sold 4,130,070 Norwegian Energy Company.

DISCLOSURE OF SHAREHOLDING IN NORWEGIAN ENERGY COMPANY ASA

Wed, 24 Nov 2010 13:51:00 GMT

We are making this disclosure in accordance with Section 4-2 of the Securities Trading Act. Eton Park Capital Management, L.P., New York (New York, USA) and Eton Park International LLP, London (UK) act as discretionary investment managers of EP Cayman, Ltd., Eton Park Master Fund, Ltd. and Eton Park Fund, L.P. (`the Funds`).

Approved prospectus

Wed, 28 May 2008 08:31:00 GMT

Oslo Børs has approved the following prospectus:

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Fri, 30 May 2008 16:31:00 GMT

Close associate to Rune Martinsen has on 30th of May 2008 sold 150,000 shares at a an average price of NOK 31.0233 per shares.

Mandatory notification of trade

Mon, 02 Jun 2008 09:32:00 GMT

Close associate to Birte Noer Borrevik has 29.05.2008 subscribed to 10 000 shares at a price of NOK 23.50 per share.

Notification of trade

Tue, 03 Jun 2008 14:52:00 GMT

Therese Log Bergjord has 02.06.2008 subscribed to 1000 shares in Norwegian Energy company at a price of NOK 23.50 per share.

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Wed, 04 Jun 2008 09:23:00 GMT

Stig Frøysland has 4.6.08 subscribed to 2152 shares at a price of NOK 23.50 per share.

NOTIFICATION OF TRANSACTION

Thu, 05 Jun 2008 12:46:00 GMT

Einar Gjelsvik has 05.06.2008 subscribed to 7 273 shares in Noreco at a price of NOK 23.50 per share.

NOTIFICATION OF TRANSACTION

Wed, 11 Jun 2008 14:53:00 GMT

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

NOTIFICATION OF SUBSTANTIAL SHAREHOLDING

Fri, 13 Jun 2008 11:22:00 GMT

Sector Asset Management acting through its subsidiary Sector Omega ASA in the capacity as discretionary investment manager to underlying funds, bought on June 13th , 2008, 2 800 000 shares of NORWEGIAN ENERGY CO AS in the name of Sector Maritime and Sector Cognimetrica, resulting in an aggregate holding of 9 139 894 shares equaling 7.0 per cent of the issued shares and votes in NORWEGIAN ENERGY CO AS (NOR NO) at the time of the purchase.

NOTIFICATION OF SUBSTANTIAL SHAREHOLDING

Fri, 13 Jun 2008 13:21:00 GMT

NEC Invest AS (a company controlled by HitecVision Private Equity III AS) has through two transactions on 13 June 2008 sold a total of 5,600,000 shares in Norwegian Energy Company ASA (the `Company`).

NOTIFICATION OF TRANSACTION

Mon, 16 Jun 2008 14:50:00 GMT

Reinert Seland has 13.6.2008 subscribed to 126492 shares at a price of NOK 23.50 per share.

Mandatory notification of trade

Thu, 19 Jun 2008 08:13:00 GMT

Close associate to Heidi M. Petersen has purchased 272 shares in Noreco at a price of NOK 23.50 per share.

NOTIFICATION OF TRANSACTION

Thu, 19 Jun 2008 15:42:00 GMT

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

South Arne Phase 3 development project approved

Fri, 26 Nov 2010 09:58:00 GMT

Stavanger, 26 November 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that the owners of the South Arne field in Denmark have approved the Phase 3 development project, which will add approximately three million barrels oil equivalents of new reserves net to Noreco.

NOTIFICATION OF TRANSACTION

Thu, 19 Jun 2008 15:42:00 GMT

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Tue, 08 Jul 2008 08:39:00 GMT

Reinert Seland has 07.07.2008 sold 110000 shares at a price of minimum NOK 29.00 per share.

Correction: NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Tue, 08 Jul 2008 10:31:00 GMT

Please disregard the message sent this morning concerning sale of shares in Noreco (NOR).

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Wed, 09 Jul 2008 08:24:00 GMT

Reinert Seland has 08.07.2008 sold 4300 shares at a price of NOK 29.90 per share.

Ny rente

Thu, 10 Jul 2008 14:23:00 GMT

Se vedlegg på http://www.newsweb.no

NOTIFICATION OF SUBSTANTIAL SHAREHOLDING

Wed, 30 Jul 2008 16:24:00 GMT

Sector Asset Management acting through its subsidiary Sector Omega ASA in the capacity as discretionary investment manager to underlying funds, bought on 30th of July, 2008, 1 000 000 shares of NORWEGIAN ENERGY CO AS in the name of Sector Cognimetrica and Sector Speculare IV, resulting in an aggregate holding of the funds Sector Maritime, Sector Cognimetrica, Sector Speculare III and Sector Speculare IV of 15 217 095 shares, equaling 10.65 per cent of the issued shares and votes in NORWEGIAN ENERGY CO AS (NOR NO) at the time of the purchase.

Notification of Trade in Noreco

Wed, 20 Aug 2008 16:39:00 GMT

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 3-1 OF THE SECURITIES TRADING ACT

New Certificate of Registration

Thu, 21 Aug 2008 11:01:00 GMT

Stavanger, 21 August 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Please find the updated Certificate of Registration attached, reflecting inter alia the new employee representative of the Company's Board of Directors, as well as the new deputy member.

Notification of substantial shareholding : Norwegian Energy Co AS

Tue, 07 Oct 2008 17:13:00 GMT

Sector Asset Management acting through its subsidiary Sector Omega ASA in the capacity as discretionary investment manager to underlying funds, bought on October 7th 2008, 800 000 shares of Norwegian Energy Co AS (NOR) in the name of Sector Speculare IV, resulting in an aggregate holding of the funds Sector Maritime, Sector Cognimetrica, Sector Speculare III and Sector Speculare IV of 22 101 785 shares equalling 15.47 per cent of the issued shares and votes in Norwegian Energy Co AS.

Mandatory notification of trade

Mon, 13 Oct 2008 08:09:00 GMT

Lars Takla has 10.10.2008 bought 50 000 shares in Noreco at a price of NOK 8.80 per share.

Bondholders Meeting

Wed, 22 Oct 2008 11:55:00 GMT

Bondholders Meeting to be held on the 3rd of November 2008, please see attached.

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Thu, 23 Oct 2008 11:58:00 GMT

Close associate to Scott Kerr has purchased 8500 shares in Noreco at a price of NOK 12 per share.

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Fri, 24 Oct 2008 10:56:00 GMT

Close associate to Malin E Flor Helgesen has purchased 3 500 shares in Noreco at a price of NOK 9.50 per share.

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Mon, 29 Nov 2010 15:55:00 GMT

Close associate to Scott Kerr has purchased 8500 shares in Noreco at a price of NOK 12 per share.

Notice from Bondholders` Meeting

Mon, 29 Nov 2010 15:59:00 GMT

Notice from Bondholders` Meeting held November 3rd 2008, please see attached.

Notice from Bondholders` Meeting (NOR02)

Mon, 03 Nov 2008 13:14:00 GMT

Notice from Bondholders` Meeting held November 3rd 2008, please see attached.

Dry well in the Norwegian Sea

Tue, 30 Nov 2010 08:33:00 GMT

Stavanger, 30 November 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Drilling of the exploration well 6603/5-1S on the Dalsnuten prospect in license PL392 in the Norwegian Sea has been concluded. The well did not encounter reservoir rocks and was dry.

NOTIFICATION OF TRANSACTION

Thu, 19 Jun 2008 15:42:00 GMT

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

NOTIFICATION OF TRANSACTION

Thu, 19 Jun 2008 15:49:00 GMT

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

NOTIFICATION OF SUBSTANTIAL SHAREHOLDING

Fri, 19 Dec 2008 08:08:00 GMT

Sector Asset Management acting through its subsidiary Sector Omega ASA in the capacity as discretionary investment manager to underlying funds of Sector Umbrella Trust; Sector Maritime Investments, Sector Cognimetrica, Sector Speculare III and Sector Speculare IV, bought on December 18th 2008, 79 000 shares of Norwegian Energy Company ASA , resulting in an aggregate holding of 28 742 000 shares equalling 20.05 percent of the issued shares and votes in Norwegian Energy Company ASA at the time of the purchase.

Notification of transaction pursuant to section 4-1 of the Securities Trading Act

Fri, 02 Jan 2009 16:39:00 GMT

Stavanger, 2 January 2009: Norwegian Energy Company ASA (Noreco -OSE:NOR), Notification of transaction pursuant to section 4-1 of the Securities Trading Act

OSLO BØRS - MATCHING HALT

Wed, 28 Jan 2009 10:12:00 GMT

Oslo Børs is investigating movements in the share price.

OSLO BØRS - MATCHING HALT ENDS

Wed, 28 Jan 2009 11:01:00 GMT

Oslo Børs has reviewed price movements. Matching halt to end. There will be a pre-trading session (CLIN) until 11:05.

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Mon, 09 Feb 2009 16:07:00 GMT

Close associate to Rune Martinsen has on 9th of February 2009 sold 300000 shares at a an price of NOK 12,10 per share to refinance short term debt and liabilities.

OSLO BØRS - MATCHING HALT

Wed, 11 Mar 2009 14:58:00 GMT

A matching halt has been imposed in anticipation of an announcement from the company.

OSLO BØRS - SUSPENSION ENDS

Wed, 11 Mar 2009 15:06:00 GMT

See the announcement issued by Norwegian Energy Company ASA at 15:01. In view of this the company is restored to listing with a pre-trade session (CLIN) to 15.10.

Disclosure of holdings

Fri, 08 May 2009 08:34:00 GMT

NEC Invest AS a company managed by HitecVision has on 8 May 2009 sold 11.236.257 shares in Norwegian Energy Company AS ("NOR").

Flagging av aksjeinnehav - Norwegian Energy Company ASA

Fri, 08 May 2009 15:56:00 GMT

Nordea Bank Norge ASA har etter gjennomføring av rettet emisjon i Norwegian Energy Company ASA ("NOR") en beholdning av ordinære aksjer på 7.590.000. Nordea Bank Norge ASA's posisjon er uendret i antall aksjer, men eierandelen reduseres fra 5,28% til 4,83% som følge av nevnte emisjon.

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-1 OF THE SECURITIES TRADING ACT

Fri, 12 Jun 2009 08:36:00 GMT

Close associate to Malin E Flor Helgesen has sold 10 000 shares in Noreco at a price of NOK 21.00 per share.

Renteregulering

Thu, 09 Jul 2009 13:50:00 GMT

Det er fastsatt ny rente for NO0010379076.

Renteregulering (NOR02)

Fri, 10 Jul 2009 08:49:00 GMT

Det er fastsatt ny rente for NO0010379076.

Board member purchases shares

Fri, 24 Jul 2009 09:25:00 GMT

Close associate to Aasulv Tveitereid, board member in Norwegian Energy Company ASA (Noreco - OSE:NOR), has today purchased 10 000 shares in Noreco at a price of NOK 19.30 per share.

OSLO BØRS - MATCHING HALT

Wed, 23 Sep 2009 09:01:00 GMT

A matching halt has been imposed in anticipation of an announcement from the company.

EX subsequent repair offering today

Wed, 23 Sep 2009 09:16:00 GMT

The share in Norwegian Energy Company ASA will be traded without the right to participate in the Subsequent Offering as of today 23 September 2009. Placement.

OSLO BØRS - MATCHING HALT ENDS

Wed, 23 Sep 2009 09:20:00 GMT

See announcement issued by NOR. Matching halt to end. There will be a pre-trading session (CLIN) until 09:25.

Flagging

Thu, 24 Sep 2009 10:05:00 GMT

Det henvises til børsmelding fra Norwegian Energy Company ASA ("Noreco") datert 23. september 2009 vedrørende rettet emisjon, herunder de betingelser for gjennomføring av emisjonen som er angitt i meldingen.

Disclosure of Large Shareholdings

Thu, 24 Sep 2009 13:14:00 GMT

Reference is made to the stock exchange release dated 22 September 2009 regarding a contemplated Private Placement of new shares in the Company, and the conditions for a valid and effective increase of capital.

Approved prospectus

Mon, 19 Oct 2009 16:41:00 GMT

Oslo Børs has approved following prospectus:

Godkjent prospekt

Mon, 08 Feb 2010 15:38:00 GMT

Oslo Børs, som kontrollmyndighet, har mottatt og godkjent prospekt for Norwegian Energy Company ASA, NORECO ASA 09/12 FRN C, ISIN NO0010548431.

Godkjent prospekt

Mon, 08 Feb 2010 15:39:00 GMT

Oslo Børs, som kontrollmyndighet, har mottatt og godkjent prospekt for Norwegian Energy Company ASA, NORECO ASA 09/12 12,90% C, ISIN NO0010548449

Renteregulering

Thu, 18 Feb 2010 14:09:00 GMT

Det er fastsatt ny rente for NO0010548431.

Invitation to Noreco Q1 2010 Presentation / Webcast

Wed, 14 Apr 2010 08:46:00 GMT

Stavanger, 14 April 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q1 2010 on Thursday 29 April 2010 at 08.30 Norwegian time.

Annual Report 2009 of guarantors to bonds loan

Fri, 30 Apr 2010 16:57:00 GMT

Stavanger, 30 April 2010: Norwegian Energy Company ASA (Noreco - OSE:NOR), The annual report for 2009 for guarantors to bonds NOR03 (ISIN NO0010548431) and NOR04 (ISIN NO0010548449) will be made available on Noreco's web site www.noreco.com

Renteregulering

Tue, 18 May 2010 13:42:00 GMT

Det er fastsatt ny rente for NO0010548431.

July 2010 production

Thu, 05 Aug 2010 07:01:00 GMT

Stavanger, 5 August 2010, Norwegian Energy Company ASA (Noreco, OSE:NOR): Noreco's oil and gas production in July 2010 was 11,375 barrels of oil equivalents (boe) per day. Net realized oil price was USD 73.75 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Renteregulering

Wed, 18 Aug 2010 13:51:00 GMT

Det er fastsatt ny rente for NO0010548431.

OSLO BØRS - MATCHING HALT

Wed, 29 Sep 2010 13:08:00 GMT

A matching halt has been imposed in anticipation of an announcement from the company.

OSLO BØRS - MATCHING HALT ENDS

Wed, 29 Sep 2010 13:13:00 GMT

See announcement issued by NOR. Matching halt to end. There will be a pre-trading session until 13:20

Production November 2010

Mon, 06 Dec 2010 08:45:00 GMT

Stavanger, 6 December 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) in November 2010 produced 11,575 barrels of oil equivalents (boe) per day. Net realized oil price was USD 82 per boe after adjustments for oil put options, inventory and NGL and gas prices.

CORRECTION: Production November 2010

Mon, 06 Dec 2010 09:34:00 GMT

This is a correction of the announcement from 08:45 06.12.2010 CET. Reason for the correction: Corrected number Brage net production to Noreco.

Barchan exploration well completed

Mon, 13 Dec 2010 08:55:00 GMT

Stavanger, 13 December 2010, Norwegian Energy Company ASA (Noreco): Drilling of the exploration well 3/8-1 on the Barchan prospect has been completed. The well did not encounter hydrocarbons.

Prospectus approved

Mon, 20 Dec 2010 07:55:00 GMT

Stavanger, 20 December 2010, Norwegian Energy Company ASA (Noreco): The Financial Supervisory Authority of Norway, as control authority, has received and approved a prospectus for Norwegian Energy Company ASA, NORECO ASA 10/13 FRN C, ISIN NO0010592306.

Change of CFO in Noreco

Thu, 23 Dec 2010 17:00:00 GMT

Stavanger, 23 December 2010, Norwegian Energy Compan ASA (Noreco, OSE:NOR): Chief Financial Officer (CFO) Jan Nagell has resigned his position in Noreco, and will step down by 1 February 2011. The company has appointed Erik Borg as acting CFO from the same date.

Drilling on Svaneøgle has started

Thu, 06 Jan 2011 08:50:00 GMT

Stavanger, 6 January 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that drilling of exploration well 17/6-1 has started. Target for the well is the Svaneøgle prospect. Noreco is the operator.

Production December 2010

Thu, 06 Jan 2011 16:09:00 GMT

Stavanger, 6 January 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) in December 2010 produced 9,950 barrels of oil equivalents (boe) per day. For the year 2010 the average production was 11,275 boe per day. Net realized oil price in December was USD 91 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Noreco awarded three licenses in APA 2010

Wed, 19 Jan 2011 09:00:00 GMT

Stavanger, 19 January 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) has been awarded three new licenses in the 2011 Awards in Predefined Areas (APA) in Norway.

Share Capital Increase

Tue, 18 Jan 2011 14:26:00 GMT

Stavanger, 18 January 2011: Norwegian Energy Company ASA (OSE:NOR) The share capital increase in Noreco announced 6 January 2011 has been registered in the Norwegian Registry of Business Enterprises.

Noreco awarded new license in Denmark

Tue, 01 Feb 2011 12:05:00 GMT

Stavanger, 1 February 2011: Norwegian Energy Company ASA (Noreco) is pleased to announce that the 02/05 license group in Denmark has been awarded a new license 1/11, immediately to the west of the original 2/05 license area. Noreco is the operator and has a 47 percent interest in both licenses.

Svaneøgle exploration well nearly completed

Thu, 03 Feb 2011 09:04:00 GMT

Stavanger, 3 February 2011: Norwegian Energy Company ASA (Noreco) is in the process of completing the drilling of exploration well 17//6-1 on the Svaneøgle prospect.

Production January 2011

Tue, 08 Feb 2011 08:30:00 GMT

Stavanger, 8 February 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) in January 2011 produced 10,175 barrels of oil equivalents (boe) per day. Net realized oil price was USD 96 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Invitation to Noreco Q4 2010 Presentation and Webcast

Tue, 08 Feb 2011 15:45:00 GMT

Stavanger, 8 February 2011: Norwegian Energy Company ASA (Noreco - OSE:NOR) will present the results for Q4 2010 on Thursday 17 February 2011 at 08.30 Norwegian time.

Noreco reports fourth quarter 2010 results

Thu, 17 Feb 2011 07:00:00 GMT

Stavanger, 17 February 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) today presents its fourth quarter 2010 results, with EBITDA of NOK -66 million and a net result of NOK -135 million. For the full year 2010, EBITDA was NOK 699 million and the net result was NOK 5 million.

Continued growth in oil and gas reserves for Noreco

Thu, 17 Feb 2011 07:00:00 GMT

Stavanger, 17 February 2011: Norwegian Energy Company ASA (Noreco) today publishes its Annual Statement of Reserves. Total proven and probable (2P) oil and gas reserves at the end of 2010 was 45.8 million barrels of oil equivalents (mmboe), up from 37.2 mmboe the year before.

Drilling on Ronaldo has started

Mon, 21 Feb 2011 17:00:00 GMT

Stavanger, 21 February 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that drilling of exploration well 6507/8-8 has started. Target for the well is the Ronaldo prospect.

Oselvar and Enoch divestment update

Thu, 03 Mar 2011 11:45:00 GMT

Stavanger, 3 March 2011: Norwegian Energy Company (Noreco) in September 2010 announced an agreement to sell its shares in the Oselvar and Enoch fields in Norway to Marubeni Corporation. The parties have now been informed that the buyer does not yet fulfil the requirements applicable to a licensee on the Norwegian Continental Shelf.

Production February 2011

Mon, 07 Mar 2011 12:44:00 GMT

Stavanger, 7 March 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) in February 2011 produced 11,025 barrels of oil equivalents (boe) per day. Net realized oil price was USD 101.7 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Noreco to remain independent

Wed, 23 Mar 2011 08:45:00 GMT

Stavanger, 23 March 2011: Norwegian Energy Company ASA (Noreco) in October announced it had commenced a broad review of its strategic alternatives to enhance shareholder value. Through this review, Noreco and its advisors have been in dialogue with a number of interested parties and examined different structural alternatives, including mergers and sale of all or parts of the company.

Noreco to keep Oselvar

Tue, 29 Mar 2011 08:50:00 GMT

Stavanger, 29 March 2011: Norwegian Energy Company (Noreco) has chosen to terminate the agreement to sell Noreco's interests in the Oselvar and Enoch fields to Marubeni Corporation (Marubeni).

Noreco appoints Chief Operating Officer

Wed, 30 Mar 2011 09:55:41 GMT

Stavanger, 30 March 2011: Norwegian Energy Company (Noreco) has appointed Ellen Sandra Bratland as new Chief Operating Officer. Bratland has been working for Noreco since 2008 and comes from the position as Asset Manager for Noreco's field developments in Norway and UK. Bratland holds a M.Sc. degree in Chemical Engineering from the Norwegian University of Science and Technology, Trondheim a...

Noreco contemplates bond issue

Wed, 30 Mar 2011 14:14:53 GMT

Stavanger, 30 March 2011: Norwegian Energy Company ASA (Noreco, OSE: NOR) is contemplating the issuance of a new senior secured bond with maturity date in April 2016. The borrowing amount is minimum NOK 550 million, however not more than NOK 600 million. The net proceeds from the contemplated bond issue will be used for (i) financing of Noreco's share of the costs associated with the Oselvar...

Noreco successfully completes bond issue

Fri, 01 Apr 2011 17:22:01 GMT

Stavanger, 1 April 2011: Norwegian Energy Company ASA (Noreco, OSE: NOR) has successfully completed a new 5 year senior secured bond issue. The net proceeds from the bond issue will be used for (i) financing of Noreco's share of the costs associated with the Oselvar development and (ii) other petroleum activities on the Norwegian continental shelf. The borrowing amount is NOK 600 million, split...

Bond tranches

Mon, 04 Apr 2011 08:59:38 GMT

Stavanger, 4 April 2011: Reference is made to the notification dated 1 April 2011, stating that Norwegian Energy Company ASA (Noreco, OSE: NOR) has successfully completed a new 5 year senior secured bond issue of NOK 600 million. The allocation between the two tranches of the bond issue has now been completed. The borrowing amount in the fixed rate tranche will be NOK 275 million and the...

Production March 2011

Wed, 06 Apr 2011 09:50:00 GMT

Stavanger, 6 April 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) in March 2011 produced 9,925 barrels of oil equivalents (boe) per day. Net realized oil price was USD 111.5 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Annual Report 2010 for Noreco

Thu, 07 Apr 2011 08:55:00 GMT

Stavanger, 7 April 2011: Norwegian Energy Company ASA (Noreco -OSE:NOR), The annual report for 2010 for Norwegian Energy Company ASA (Noreco) has been published today, and may be downloaded from the company's web site www.noreco.com or www.newsweb.no

Invitation to annual general meeting

Thu, 07 Apr 2011 08:54:00 GMT

Stavanger 7 April 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) Attached is the calling notice for Noreco`s Annual General Meeting.

Changes in the Nomination Committee's proposals

Tue, 12 Apr 2011 14:23:00 GMT

Stavanger, 12 April 2011: On 7 April Norwegian Energy Company (Noreco) sent out the calling notice for the 2011 Annual General Meeting. The Nomination Committee's proposals for members to the Board were attached the calling notice.

Annual overview

Tue, 12 Apr 2011 15:33:00 GMT

Stavanger, 12 April , 2011 Norwegian Energy Company ASA (Noreco, OSE:NOR), Issuers of listed transferable securities are required to provide Oslo Børs with an annual statement of information made available to the public, cf. the Securities Trading Act section 5-11.

Dry well on Ronaldo

Wed, 13 Apr 2011 08:40:00 GMT

Stavanger, 13 April 2011: Drilling of the exploration well 6507/8-8 on the Ronaldo prospect in license PL434 in the Norwegian Sea has been completed. The well was drilled about seven kilometres southeast of the Heidrun field. The purpose of the well was to prove petroleum in Lower Jurassic reservoir rocks (the Tilje and Åre formations). Reservoir rocks of expected thickness and of good quality...

Update of the Nomination Committee's proposals

Thu, 14 Apr 2011 13:19:00 GMT

Stavanger, 14 April 2011: Reference is made to the calling notice for the Annual General Meeting for Norwegian Energy Company (Noreco) dated 7 April 2011, and the announcement published 12 April 2011 regarding changes in the Nomination Committee's proposals for members to the Board.

Two awards to Noreco in the 21st licensing round

Fri, 15 Apr 2011 12:32:00 GMT

Stavanger, 15 April 2011: Norwegian Energy Company (Noreco) has been offered two licenses in the 21st licensing round on the Norwegian continental shelf.

Invitation to Noreco Q1 2011 Presentation and Webcast

Fri, 15 Apr 2011 14:26:00 GMT

Stavanger, 15 April 2011: Norwegian Energy Company ASA (Noreco - OSE:NOR) will present the results for Q1 2011 on Thursday 5 May 2011 at 08.30 Norwegian time.

Minutes from Annual General Meeting

Thu, 28 Apr 2011 14:53:14 GMT

Stavanger, 28 April 2011: Norwegian Energy Company ASA (Noreco) today held its Annual General Meeting for 2011.

Annual Report 2010 of guarantors to bonds loan

Fri, 29 Apr 2011 10:35:15 GMT

Noreco reports first quarter 2011 results

Thu, 05 May 2011 08:00:00 GMT

Stavanger, 5 May 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) today presents its first quarter 2011 results, with EBITDA of NOK 97 million and a negative net result of NOK 295 million.

Production April 2011

Thu, 05 May 2011 07:00:00 GMT

Stavanger, 5 May 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) in April 2011 produced 11,575 barrels of oil equivalents (boe) per day. Net realised oil price was USD 119 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Change in financial calendar 2011

Mon, 09 May 2011 11:09:33 GMT

Stavanger, 9 May 2011: Norwegian Energy Company ASA (Noreco) has changed the date for releasing its second quarter 2011 results from 4 August 2011 to 11 August 2011.

Noreco divests Brage and Hyme

Tue, 24 May 2011 15:35:55 GMT

Stavanger, 24 May 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) has signed an agreement to sell its shares in the Norwegian oil fields Brage and Hyme to Core Energy.

Production May 2011

Wed, 08 Jun 2011 14:43:00 GMT

Stavanger, 8 June 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) in May 2011 produced 10,150 barrels of oil equivalents (boe) per day. Net realized oil price was USD 105 per boe after adjustments for oil put options, inventory and NGL and gas prices.

New Company Certificate

Thu, 09 Jun 2011 10:03:48 GMT

Stavanger, 9 June 2011: Norwegian Energy Company ASA (OSE:NOR), Please find the updated Company Certificate attached.

Noreco provides market update

Fri, 10 Jun 2011 09:31:00 GMT

Stavanger, 10 June 2011: Norwegian Energy Company ASA (Noreco) has over the recent days seen substantial movements in its share price, and would like to clarify the company's position with regards to its financial situation and certain ongoing activities.

Siri update

Wed, 15 Jun 2011 10:24:00 GMT

Stavanger, 15 June 2011: Norwegian Energy Company ASA (Noreco) owns 50 percent of the Siri oil field in Denmark, where technical study work is ongoing to identify and implement a repair of the platform.

OSLO BØRS - MATCHING HALT

Wed, 15 Jun 2011 08:39:00 GMT

A matching halt has been imposed in anticipation of an announcement from the company.

OSLO BØRS - MATCHING HALT ENDS

Wed, 15 Jun 2011 10:29:00 GMT

See announcement issued by NOR. Matching halt to end. There will be a pre-trading session until 10:35.

Einar Gjelsvik appointed CEO in Noreco

Wed, 22 Jun 2011 14:43:00 GMT

Stavanger, 22 June 2011: The Board of Norwegian Energy Company ASA (Noreco) is pleased to announce that Mr Einar Gjelsvik has been appointed as Chief Executive Officer (CEO) of the company.

Siri update

Fri, 24 Jun 2011 16:51:31 GMT

Stavanger, 24 June 2011: Norwegian Energy Company ASA (Noreco) today received a letter from the Danish Energy Agency (DEA), requesting the partnership at the Siri field to agree on a repair solution for the Siri platform as soon as possible. Until such agreement is reached the DEA will not process the operator's application regarding its proposed permanent repair solution.

Mandatory Notification of Trade

Fri, 01 Jul 2011 10:30:00 GMT

Sector Speculare IV, a sub-fund of Sector Umbrella Trust and managed by Sector Omega AS a subsidiary of Sector Asset Management, will transfer after close of trading on 30 June 2011 18,535,213 shares equalling 7.6 % of the total shares in Norwegian Energy Company (NOR).

Production June 2011

Tue, 05 Jul 2011 08:30:00 GMT

Stavanger, 5 July 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) in June 2011 produced 8,125 barrels of oil equivalents (boe) per day. Net realized oil price was USD 104 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Noreco divests Siri

Mon, 25 Jul 2011 08:00:00 GMT

Stavanger, 25 July 2011: Norwegian Energy Company (Noreco) has entered into an agreement to sell its interests in the Siri field in Denmark to DONG Energy.

Invitation to Noreco Q2 2011 Presentation and Webcast

Wed, 27 Jul 2011 10:00:00 GMT

Stavanger, 27 July 2011: Norwegian Energy Company ASA (Noreco - OSE:NOR) will present the results for Q2 2011 on Thursday 11 August 2011 at 08.30 Norwegian time.

Sale of Brage and Hyme completed

Thu, 28 Jul 2011 12:43:57 GMT

Stavanger, 28 July 2011: Norwegian Energy Company (Noreco) is pleased to announce that the sale of the company's interests in the Norwegian oil fields Brage and Hyme to Core Energy has now been completed.

CORRECTION: Sale of Brage and Hyme completed

Thu, 28 Jul 2011 13:39:52 GMT

This is a correction of the announcement from 12:43 28.07.2011 CEST. Reason for the correction: Third paragraph corrected for accounting effects.

Call for extraordinary general meeting

Fri, 29 Jul 2011 08:00:00 GMT

Stavanger, 29 July 2011: Norwegian Energy Company ASA (Noreco - OSE:NOR) The Board of Directors of Noreco calls for an extraordinary general meeting, Friday 19 August 2011 at 12.00 Norwegian time. The calling notice is attached.

Drilling on Chamonix has started

Fri, 29 Jul 2011 08:00:00 GMT

Stavanger, 29 July 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that drilling of exploration well 6407/5-2 S has started. Target for the well is the Chamonix prospect.

Development plan submitted for Brynhild field

Tue, 02 Aug 2011 08:51:00 GMT

Stavanger, 2 August 2011: Norwegian Energy Company (Noreco) is pleased to announce that Lundin Petroleum on behalf of license PL 148 in Norway has submitted the Plan for Development and Operations (PDO) for the Brynhild field (previously known as Nemo) to Norwegian authorities.

Noreco divests South Arne

Thu, 11 Aug 2011 07:01:00 GMT

Stavanger, 11 August 2011: Norwegian Energy Company ASA (Noreco) has entered an agreement to sell its interests in the South Arne oil field in Denmark to Hess Denmark ApS for a consideration of USD 200 million. Noreco expects to record a profit of approximately USD 50 million after tax from the transaction.

Noreco reports second quarter 2011 results

Thu, 11 Aug 2011 07:00:00 GMT

Stavanger, 11 August 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) today presents its second quarter 2011 results, with EBITDA of NOK 149 million and a negative net result of NOK 9 million from continued operations.

Production July 2011

Thu, 11 Aug 2011 07:10:00 GMT

Stavanger, 11 August 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) in July 2011 produced 4,225 barrels of oil equivalents (boe) per day. Net realized oil price was USD 112 per boe after adjustments for oil put options, inventory and NGL and gas prices.

Tender offer - partial repurchase of own bonds

Wed, 17 Aug 2011 14:00:00 GMT

Norwegian Energy Company ASA (the "Company") has today mandated Arctic Securities ASA and Pareto Securities AS to repurchase for cash up to NOK 270 million in combined principal amount in the three bonds NOR03 (ISIN: NO 0010548431), NOR04 (ISIN: NO 0010548449) and NOR05 (ISIN: NO 0010592306) (together the "Bonds").

Changes in the Nomination Committee's proposal

Thu, 18 Aug 2011 08:30:00 GMT

Stavanger, 17 August 2011: On 29 July 2011 Norwegian Energy Company ASA (Noreco) sent out the notice for an extraordinary general meeting on 19 August 2011. The Nomination Committee's proposals for Board election were attached the notice.

Repurchase of own bonds completed

Thu, 18 Aug 2011 08:45:00 GMT

Reference is made to Norwegian Energy Company ASA's (the "Company") announcement on 17 August 2011 regarding an offer to repurchase for cash up to NOK 270 million in combined principal amount in the three bonds NOR03 (ISIN: NO 0010548431), NOR04 (ISIN: NO 0010548449) and NOR05 (ISIN: NO 0010592306) (together the "Bonds").

New board in Noreco

Fri, 19 Aug 2011 16:05:00 GMT

Stavanger, 19. august 2011: Norwegian Energy Company ASA (Noreco) today held an extraordinary general meeting. The Nomination Committee's proposal for new board members was unanimously approved. After this, Noreco's board of directors consists of the following members elected by the shareholders:

Noreco sells Flyndre discovery

Mon, 22 Aug 2011 08:30:00 GMT

Stavanger, 22 August 2011: Norwegian Energy Company (Noreco) has entered an agreement to sell its share of the Flyndre Paleocene discovery to Maersk Oil for a consideration of NOK 19 million.

New Company Certificate

Mon, 29 Aug 2011 10:04:00 GMT

Stavanger, 29 August 2011: Norwegian Energy Company ASA (OSE:NOR), Please find the updated Company Certificate attached.

Small gas discovery in the Norwegian Sea

Wed, 31 Aug 2011 08:49:55 GMT

Stavanger, 31 August 2011: Norwegian Energy Company ASA (Noreco) is pleased to announce that the drilling of exploration well 6407/5-2S in license PL471 in the Norwegian Sea is about to be completed, and has resulted in a small gas discovery.

Noreco company presentation

Wed, 31 Aug 2011 10:00:00 GMT

Stavanger, 31 August 2011: Norwegian Energy Company ASA (Noreco) will today hold a company presentation at the Pareto Securities Oil & Offshore Conference 2011 in Oslo. The presentation is attached and is also available on www.noreco.com.

Production August 2011

Tue, 06 Sep 2011 08:30:00 GMT

Stavanger, 6 September 2011: Norwegian Energy Company ASA (Noreco) in August 2011 produced 3,995 barrels of oil equivalents (boe) per day. Net realized oil price was USD 110 per boe after adjustments for oil put options, inventory, NGL and gas prices.

Organisational changes in Noreco

Tue, 06 Sep 2011 08:40:00 GMT

Stavanger, 6 September 2011: Norwegian Energy Company ASA (Noreco) has completed a review of its organisation following the recent asset sales. This has resulted in a leaner management structure and a substantial reduction in the number of employees at the company's office in Denmark.

Call for extraordinary general meeting

Tue, 06 Sep 2011 13:16:00 GMT

Stavanger, 6 September 2011: Norwegian Energy Company ASA (Noreco - OSE:NOR) The Board of Directors of Noreco calls for an extraordinary general meeting, Tuesday 27 September 2011 at 13.00 Norwegian time. The calling notice is attached.

Minutes from Extraordinary General Meeting

Tue, 27 Sep 2011 13:57:00 GMT

Stavanger, 27 September 2011: Norwegian Energy Company ASA (Noreco) today held an Extraordinary General Meeting.

Noreco appoints VP Commercial

Thu, 29 Sep 2011 15:27:12 GMT

Stavanger, 29 September 2011: Norwegian Energy Company (Noreco) has appointed John Bogen as new VP Commercial.

Huntington update

Fri, 30 Sep 2011 09:00:54 GMT

Stavanger, 30 September 2011: Norwegian Energy Company ASA (Noreco) is a 20 percent partner in the Huntington oil field in the U.K. North Sea, which is currently under development. The field will be produced with the Sevan Voyageur FPSO.

Production September 2011

Thu, 06 Oct 2011 12:36:00 GMT

Stavanger, 6 October 2011: Norwegian Energy Company ASA (Noreco) in September 2011 produced 4,017 barrels of oil equivalents (boe) per day. Net realized oil price was USD 106 per boe after adjustments for oil put options, inventory, NGL and gas prices.

Invitation to Noreco Q3 2011 Presentation and Webcast

Mon, 10 Oct 2011 10:39:00 GMT

Stavanger, 10 October 2011: Norwegian Energy Company ASA (Noreco - OSE:NOR) will present the results for Q3 2011 on Thursday 27 October 2011 at 08.30 Norwegian time.

Noreco sells gas discovery

Fri, 21 Oct 2011 07:00:00 GMT

Stavanger, 21 October 2011: Norwegian Energy Company (Noreco) has entered into an agreement to sell its 20 percent share of license PL435 on Haltenbanken to OMV (Norge) AS.

License PL435 contains the gas discovery Zidane-1 which was made in 2010. This discovery is estimated to contain between 5 and 18 billion standard cubic metres of recoverable gas. The second exploration well in the license is named Zidane-2 and is planned to be drilled later this year.

Noreco reports third quarter 2011 results

Thu, 27 Oct 2011 06:20:00 GMT

Stavanger, 27 October 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) today presents its third quarter 2011 results, with a negative EBITDA of NOK 45 million and a net loss of NOK 393 million from continued operations.

Production October 2011

Thu, 03 Nov 2011 14:41:11 GMT

Stavanger, 3 November 2011: Norwegian Energy Company ASA (Noreco) in October 2011 produced 4,569 barrels of oil equivalents (boe) per day. Net realised oil price was USD 105 per boe after adjustments for oil put options, inventory, NGL and gas prices.

Production per field (boe):
Nini East - 2.962
Nini - 745
Cecilie - 473
Lulita - 285
Enoch - 104

Noreco divests Brynhild field

Fri, 18 Nov 2011 08:30:00 GMT

Stavanger, 18 November 2011: Norwegian Energy Company (Noreco) has entered into an agreement to sell its 20 percent share of license PL148 in the North Sea to Lundin Petroleum. The license contains the oil discovery Brynhild (previously called Nemo), where a Plan for Development and Operations (PDO) was recently approved by Norwegian authorities.

Noreco will receive a consideration of USD 2.4 million upon completion of the transaction, in addition to reimbursement of certain costs incurred in the license during 2011.

2012 financial calendar

Tue, 22 Nov 2011 10:56:26 GMT

Norwegian Energy Company ASA (Noreco) has planned the following dates for disclosure of financial results in 2012:

Tender offer - partial repurchase of own bonds

Wed, 30 Nov 2011 14:00:00 GMT

Stavanger, 30 November 2011: Norwegian Energy Company ASA (the "Company") has today mandated Arctic Securities ASA and Pareto Securities AS to repurchase for cash up to NOK 250 million in combined principal amount in the two bonds NOR03 (ISIN: NO 0010548431) and NOR 07/12 6.00% Convertible Bond (ISIN: NO 0010368830) (the "CB" and together the "Bonds").

The buy-back offer will be at the following prices (the "Offer"):
- NOR03: 97.00 - 100.00 per cent of par value plus accrued interest
- CB: 97.00 - 100.00 per cent of par value plus accrued interest

Repurchase of bonds completed

Thu, 01 Dec 2011 09:00:43 GMT

Stavanger, 1 December 2011: Reference is made to Norwegian Energy Company ASA's (the "Company") announcement on 30 November 2011 regarding an offer to repurchase for cash up to NOK 250 million in combined principal amount in the two bonds NOR03 (ISIN: NO 0010548431) and NOR 07/12 6.00% Convertible Bond (ISIN: NO 0010368830) (the "CB").

Production November 2011

Tue, 06 Dec 2011 08:30:00 GMT

Stavanger, 6 December 2011: Norwegian Energy Company ASA (Noreco) in November 2011 produced 3,810 barrels of oil equivalents (boe) per day. Net realised oil price was USD 115 per boe after adjustments for oil put options, inventory, NGL and gas prices.

New CFO in Noreco

Wed, 07 Dec 2011 10:41:02 GMT

Stavanger, 7 December 2011: Norwegian Energy Company (Noreco) has appointed Mr. Ørjan Gjerde as new Chief Financial Officer (CFO).

Ørjan Gjerde (42) has almost 20 years of experience within finance and management, and comes from the position as CFO in Malthus AS. He has previously had similar positions in Proserv Group and IKM Gruppen among others. Gjerde is a state authorised public accountant and resides in Sola near Stavanger.

Sale of Siri field completed

Fri, 23 Dec 2011 08:30:00 GMT

Stavanger, 23 December 2011: Norwegian Energy Company (Noreco) has completed the sale of its interests in the Siri field to DONG Energy.

The agreement to sell Siri was announced in July this year. The price is USD 13 million with effective date 1 July 2011.

Sale of Zidane-1 gas discovery completed

Fri, 30 Dec 2011 15:44:00 GMT

Stavanger, 30 December 2011: Norwegian Energy Company (Noreco) has completed the sale of its interest in license PL435 on Haltenbanken, containing the gas discovery Zidane-1, to OMV (Norge) AS.

Production December 2011

Thu, 05 Jan 2012 11:00:00 GMT

Stavanger, 5 January 2012: Norwegian Energy Company (Noreco) in December 2011 produced 2,204 barrels of oil equivalents (boe) per day. Net realised oil price was USD 98 per boe after adjustments for oil put options, inventory, NGL and gas prices.

Noreco awarded new licence in UK

Thu, 05 Jan 2012 12:23:39 GMT

Stavanger, 5 January 2012: Norwegian Energy Company (Noreco) has been awarded a new licence offshore UK. The award is part of the 26th Seaward Licensing Round in United Kingdom, where Noreco has previously been awarded two other licences.

The new licence is located in blocks 12/26b & 12/27, with Suncor as the operator. Noreco has been offered a 22.5 percent share in the licence.

Drilling on Kalvklumpen has started

Tue, 10 Jan 2012 12:00:00 GMT

Stavanger, 10 January 2012: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that drilling of exploration well 25/6-4 S in license PL414 has started. Target for the well is the Kalvklumpen prospect.

Noreco awarded eight licences in APA 2011

Tue, 17 Jan 2012 14:56:00 GMT

Stavanger, 17 January 2012: Norwegian Energy Company (Noreco) has been awarded eight new licences in the 2011 Awards in Predefined Areas (APA) in Norway.

Production January 2012

Fri, 03 Feb 2012 11:14:00 GMT

Stavanger, 3 February 2012: Norwegian Energy Company (Noreco) in January 2012 produced 1,653 barrels of oil equivalents (boe) per day. Net realized oil price was USD 99 per boe after adjustments for oil put options, inventory, NGL and gas prices.

Dry well in the North Sea - 25/6-4 S Kalvklumpen

Mon, 13 Feb 2012 08:45:00 GMT

Stavanger, 13 February 2012, Norwegian Energy Company ASA (Noreco): Drilling of the "Kalvklumpen" prospect in exploration well 25/6-4 S in licence PL414 is about to be completed. The well did not encounter hydrocarbons.

Drilling on Luna has started

Mon, 13 Feb 2012 10:00:00 GMT

Stavanger, 13 February 2012: Norwegian Energy Company (Noreco) is pleased to announce that drilling of exploration well Luna-1X in license 1/11 in Denmark has started. Target for the well is the Luna prospect.

Invitation to Noreco Q4 2011 Presentation and Webcast

Fri, 17 Feb 2012 10:00:00 GMT

Stavanger, 17 February 2012: Norwegian Energy Company ASA (Noreco) will present the results for Q4 2011 on Wednesday 29 February 2012 at 08.30 Norwegian time.