15.01.2013 16:56:50 CET

North Energy ASA - Awarded licence in APA 2012

Alta, 15 January 2013
North Energy has been awarded new licence in the 2012 Awards in Predefined Areas (APA) in Norway.

- We are satisfied with having been awarded the licence share we applied for in this APA, says CEO Erik Karlstrøm. We now look forward to the upcoming awards for the 22nd Round 2012, the major focus for North Energy in 2012.

Awarded licence is PL 693 (15 percent share) on blocks 6608/4 and 6608/7, located north in the Norwegian Sea.

North Energy has participated actively in all licensing rounds since the company started, and has won awards in each round.


Erik Karlstrøm, CEO
Mob: (+47) 476 52 990 | E-mail: erik.karlstrom@northenergy.no

Knut Sæberg, CFO
Mob: (+47) 918 00 720 | E-mail: knut.saeberg@northenergy.no

Kristin Ingebrigtsen, Vice President of Strategy & PR/PA
Mob: (+47) 926 05 601 E-mail: kristin.ingebrigtsen@northenergy.no

This information is mandatory under Section 5-12 of the Securities Trading Act.