Noreco Releases Producing Report for November

Norwegian Energy Company ASA (Noreco) in November 2011 produced 3,810 barrels of oil equivalents (boe) per day. Net realised oil price was USD 115 per boe after adjustments for oil put options, inventory, NGL and gas prices.

About Noreco

Noreco is an independent Norwegian oil- and gas company with focus on exploration, development and production in Northwest Europe. Since incorporation in 2005, they have grown through license rounds and acquisitions. Noreco operates in Norway, Denmark and the United Kingdom, and employs around 80 oil and gas professionals.

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Offshore Nieuws Staff , December 6, 2011; Image: Dong Energy