12.02.2010 11:45:00 CET

North Energy - Drilling of Norwegian Sea Fogelberg exploration well commences

North Energy ASA is pleased to announce that drilling has commenced on the Fogelberg prospect in PL433 in the Norwegian Sea (North equity: 12%). 

North Energy ASA is a medium-sized Exploration and Production company with head office in Alta in Finnmark.  The company holds a total of 13 licenses offshore Norway, 6 of the licenses are located in the Barents Sea, 5 in the Norwegian Sea and 2 in the North Sea.  

The Fogelberg prospect is a Jurassic rotated fault block located on the Halten Terrace some 10 kilometres to the north of the producing Åsgard Field and is similar in style to numerous fields and discoveries in the region (e.g. Morvind, Kristin, Smørbukk and the recent Wildcat/Appraisal discovery 6506/12-12S).


The well, 6506/9-2 S will be drilled by the semi-submersible drilling rig 'West Alpha' and the drilling campaign will take approximately 80 days.'

The companies in the partnership are Centrica Resources Norge AS (operator), Petro-Canada Norge AS, E.ON Ruhrgas Norge AS, Faroe Petroleum plc and North Energy ASA. 


'Fogelberg is North Energys first participation in a well and a major milestone for the company. We think this is a promising license and are looking forward to the results" says CEO Erik Karlstrøm.'


For further information, please contact Erik Karlstrøm (CEO) +47 476 52 990 or Svein Johansen (Exploration Manager) +47 975 12 846


This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)