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Rocksource ASA Completes Reorganization of Group Structure


Wednesday, 2 Jan 2013 03:00am EST 

Rocksource ASA (Rocksource) announced that with reference to the stock exchange announcements dated October 18, 2012 and October 30, 2012 regarding a reorganization of the Rocksource Group structure, on December 31, 2012 Rocksource completed the planned and announced reorganization. All related assets, contracts and personnel have been transferred to the subsidiary Rocksource Exploration Norway AS. Rocksource Exploration Norway AS thereby becomes the owner of all the Group's licenses on the Norwegian Continental Shelf, and the parent company has discontinued its direct petroleum activities. 

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