|
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. Production continued to be negatively impacted by weather conditions in the North Sea, resulting in periods of shutdown of the Siri platform for safety reasons. Production per field (boe):
Nini East - 1,162
Nini - 79
Cecilie - 25
Lulita - 323
Enoch - 65 Production volumes and prices are preliminary and subject to adjustments, including final allocations between fields, quality adjustments and prices. Contact:
Kjetil Bakken, VP Investor Relations (+47 91 889 889) This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: NORECO via Thomson Reuters ONE
HUG#1582477
|
