Profile: Norwegian Energy Company ASA (NOR.OL)

NOR.OL on Oslo Stock Exchange

1.78NOK
20 Oct 2014
Price Change (% chg)

kr0.03 (+1.71%)
Prev Close
kr1.75
Open
kr1.84
Day's High
kr1.84
Day's Low
kr1.78
Volume
12,500
Avg. Vol
998,040
52-wk High
kr38.00
52-wk Low
kr1.01

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Norwegian Energy Company ASA (Noreco) is a Norway-based company. It is principally engaged in the oil and gas sector. The Company’s activities include the exploration, development and production of oil and gas. The Company’s activities are focused in the North Sea, in such countries, as Norway, Denmark and the United Kingdom. As of December 31, 2011, the Company had four producing fields located in Denmark, including Nini East, Nini, Cecile and Lulita, as well as one field located in Norway, namely Enoch. As of December 31, 2011, the Company participated in two field developments, namely Huntington and Oselvar fields, as well as had a number of discovery and exploration licenses. As of December 31, 2011, the Company had 10 wholly owned subsidiaries, and its major shareholder was Lyse Energi AS, which held 9.7% shares. On December 31, 2012, the Company discontinued its direct petroleum activities and transferred all production licenses and operations to its subsidiary Noreco Norway AS.

Company Address

Norwegian Energy Company ASA

Verksgata 1A
STAVANGER     4013
P: +4799.283900
F: +4751.533333

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