Noreco Gets Two New Licences in Norway

Norwegian Energy Company (Noreco) has been awarded two new licences in the 2012 Awards in Predefined Areas (APA) in Norway.

Noreco has been awarded the following licences:

– PL701 (40 percent share) on blocks 6406/9, 6406/11, 6406/12, located southwest of the Njord Field on the Halten Terrace. Noreco was awarded the operatorship for this licence.

– PL591B (40 percent share) on block 6507/8. The licence is an extension of licence PL591.

Press Release, January 16, 2013

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