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Tuesday, May 22, 2012  
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Drilling on Luna has started
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.

The well is being drilled in the North Sea, 150 km northwest of Esbjerg, with the rig Maersk Resolve.

The partners in license 1/11 are Noreco (operator, 47 percent), Elko Energy (33 percent) and the Danish North Sea Fund (20 percent).

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

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Copyright © Thomson Reuters 2012. All rights reserved.
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