Norwegian Energy Company ASA (Noreco) is in the process of completing the drilling of exploration well Luna-1X in licence 1/11 in Denmark. The well did not encounter hydrocarbons.
The partners in licence 1/11 are Noreco (operator, 47 percent), Elko Energy (33 percent) and the Danish North Sea Fund (20 percent).
Noreco is an independent Norwegian oil- and gas company with focus on exploration, development and production in Northwest Europe. Since incorporation in 2005, we have grown through license rounds and acquisitions. Noreco operates in Norway, Denmark and the United Kingdom, and employs around 80 oil and gas professionals.
Offshore Nieuws Staff, March 19, 2012; Image: Maersk