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StatoilHydro Makes Small Gas Discovery at Canon Prospect
Thursday, April 30, 2009A small gas condensate discovery has been made by StatoilHydro in the Canon prospect, about 11 kilometers west of the Veslefrikk field in the North Sea.

RWE Confirms Successful Luno Appraisal Test, Field Extension
Friday, January 30, 2009RWE Dea has confirmed Lundin's announcement that the first Luno appraisal well 16/1-10 located in production license PL 338, offshore the Norwegian North Sea, has been successfully tested.

Spring Energy Snags Stake in North Sea Production License
Wednesday, January 28, 2009Spring Energy will acquire a 20% working interest in production license PL 378, located in the Northern North Sea.

Wintershall Acquires Additional North Sea Licenses
Wednesday, January 14, 2009Wintershall is further stepping up its crude oil and natural gas exploration activities in Norway and has received three additional North Sea licenses following the acquisition of Revus Energy.

Wintershall Gets Go-Ahead from Norwegian Ministry for Revus Offer
Tuesday, December 09, 2008Wintershall has received approval from the Norwegian Ministry of Petroleum and Energy for consummation of the voluntary offer from Wintershall for all the shares of Revus Energy.

Wintershall Registers over 95% of Revus' Shares
Monday, December 08, 2008Wintershall has received and registered acceptances for 44,480,495 shares representing 95.12% of the total number of shares in Revus on a fully diluted basis.

Wintershall's Offer Period Ends for Revus Shareholders
Friday, December 05, 2008Wintershall's voluntary offer period for all of Revus' shares ends today, December 5.

Lundin Intends to Accept Wintershall's Takeover Offer for Revus
Wednesday, December 03, 2008Lundin intends to accept Wintershall's recommended voluntary offer for Revus Energy ASA which expires on December 5, 2008.

Wintershall's Offer Period for Revus' Shares Ends Dec. 5
Tuesday, December 02, 2008The offer period for Wintershall's voluntary offer for all of Revus' shares ends this week. Revus' shareholders who have not tendered their shares can accept Wintershall's offer until December 5.

Wintershall Obtains Gov't Clearance to Acquire Revus Energy
Friday, November 21, 2008Wintershall has obtained the necessary clearance from the Norwegian Competition Authoritiy for completion of its voluntary offer to acquire Revus Energy ASA, and regulatory clearance from DECC concerning license held by Revus and it subsidiaries.

Det norske, Revus Ink Offshore Transportation Deal
Friday, November 21, 2008Airlift and Dancopter have entered an agreement with the oil companies Det Norske and Revus for offshore helicopter transportation.

NPD Grants Revus Drilling Permit in PL 37 D
Friday, November 21, 2008NPD has granted Revus a drilling permit for wellbore 33/9 21 S in production license 37 D.

Sterling Unlocks Oil at UK North Sea's Bowstring East
Monday, November 17, 2008Sterling has made an oil discovery at the Bowstring East Prospect, also known as Cladhan, located in Block 210/29a in the UK Northern North Sea.

Revus Rolls in $20.5MM Net Profit in Third Quarter
Thursday, November 13, 2008Revus reported a net profit of $20.5 million in the third quarter. The operational highlight of the quarter was the confirmation of a significant oil discovery on the Jorbaer prospect in the Norwegian Continental Shelf.

Revus Reels in 6 North Sea Licenses in 25th Round
Thursday, November 13, 2008Revus Energy was offered for award six North Sea licenses in the UK 25th Offshore Licensing Round.

Revus Accepts Wintershall's Acquisition Offer
Friday, November 07, 2008Revus' Board of Directors has unanimously decided to recommend to the shareholders of Revus to accept Wintershall's Offer to acquire all outstanding shares in Revus.

On the Table: Wintershall Launches Voluntary Offer for Revus
Monday, October 27, 2008Wintershall has reached an agreement with Revus Energy to launch a recommended voluntary offer for 100% of Revus' shares.

RWE Reports on Jordbaer Discovery, to Drill 8 More Norwegian Wells
Thursday, October 16, 2008RWE Dea has had a successful 2008 drilling campaign in Norway, with discoveries at the Jordbaer, Uer and Blomster prospects.

Sterling Spuds Cladhan Well in UK North Sea
Tuesday, October 14, 2008Revus has reported that operations on the Cladhan exploration well on Block 210/29a in the United Kingdom Northern North Sea have commenced.

Spring Energy Snags 30% Interest in PL 344
Tuesday, October 14, 2008Spring Energy has reached agreement with Revus Energy to acquire a 30% working interest in production license PL 344 located in the Northern North Sea.

Revus Confirms Extension of Jordbaer Oil Discovery
Wednesday, October 01, 2008Following successful completion of a side track on the Jordbaer Central discovery announced in August, Revus Energy ASA has confirmed the extension of the oil discovery in well 34/3-1A.

Revus Farms-In to 2 UK Central North Sea Blocks
Monday, September 29, 2008Revus entered into a farm-in agreement with EnCore Oil to earn a 20% interest in UK Central North Sea blocks 28/9 and 28/10c.

Revus Sells 10% of Yme Re-Development Project to Lotos for $52.5MM
Friday, September 05, 2008Revus Energy ASA has now formally completed the sale of a 10% interest in production licences 316, 316B, 316CS and 316DS, including the Yme re-development project, to Lotos E&P Norge AS.

DONG, Partners Discover Oil at North Sea's Ipswich Prospect
Wednesday, August 20, 2008DONG E&P Norge, Operator of production license 274, has made an oil discovery on the Ipswich prospect. Exploration well 1/3-11 and sidetrack 1/3-11 T2 on the Ipswich-prospect proved oil in rocks of Paleocene age.

Revus's Revenues Ride High from Drilling Campaign in Second Quarter
Thursday, August 14, 2008Revus reported a net profit of NOK 49.0 million in the second quarter 2008, compared to a loss of NOK 7.5 million in the same quarter 2007. A significant oil discovery on the Jordbaer prospect marked a very successful exploration drilling campaign.

BG Norge, Partners' Jordbaer Discovery Flows 7,500 BPD
Monday, August 11, 2008BG Norge, Operator of Production license 373 S, has made a significant oil discovery on the Jordbaer prospect. The well has been tested with an average oil rate of approximately 7,500 barrels per day.

Lundin Strikes O&G at Torphins Prospect
Monday, July 21, 2008Lundin announced that well 21/8-4z, located in the North Sea sector of the UK Continental Shelf, is a oil and gas discovery. The results of the well will now be analysed to determine the commerciality of the discovery.

BG, Partners Make Discovery at Jordbaer
Thursday, July 10, 2008Revus confirmed a gas/oil discovery on the Jordbaer prospect in the Norwegian North Sea. Operations are still ongoing and further data gathering with subsequent evaluation will continue.

Lundin, Partners Strike O&G at Torphins
Wednesday, July 09, 2008Revus Energy confirmed well 21/8-4 as an oil & gas discovery. The well, which spudded on June 20, 2008, was drilled directionally to test the eastern part of the Torphins prospect in the central UK North Sea sector.

NPD Issues Permit for Lundin
Thursday, July 03, 2008The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Lundin Norway AS for well 16/1-10.

Talisman's Well on Trow Tests Negative
Tuesday, July 01, 2008Revus has announced that Talisman Energy has drilled a dry exploration well 32/2-1 on the Trow prospect located to the east of the Troll field. The well will now be plugged and abandoned.

Revus Spuds Torphins Well in the North Sea
Monday, June 23, 2008Revus Energy announced that the Torphins exploration well, 21/8-4, production licence p1107, commenced drilling.

Revus Spuds Trow with Transocean Winner
Thursday, June 19, 2008Revus Energy ASA announced that Transocean Winner has commenced drilling on the Trow prospect in PL 369.

Revus CFO Resigns, Company to Recruit New CFO by Close of 2008
Friday, June 13, 2008Revus Energy ASA announces with regret that Geir Hjellvik has given notice of his resignation from the position of Chief Financial Officer of Revus.

DONG JV Spuds Ipswich Prospect in North Sea
Wednesday, May 28, 2008Drilling of exploration well 1/3-11 on the Ipswich prospect located in license PL 274 in Norway has started. The prospect is owned by Noreco, Norge, PA Resources and Revus.

Revus Wraps Up Private Placement, Issues New Shares
Wednesday, May 21, 2008Revus Energy ASA has completed a private placement resulting in the issue of a total of 4,163,452 new shares at a price of NOK 88 per share.

Revus Sweeps Up with Broom Field, Q1 Revenues Double
Tuesday, May 20, 2008Revus generated total revenues of US $25.6 million for the first quarter of 2008, in comparison to US $12.8 in the same time period in 2007. The acquisitions of Palace UK and StatoilHydro's interest in Murchison provided strong revenue growth.

Revus Sells 10% Stake in YME Re-Development Project to Lotus
Tuesday, May 20, 2008Revus Energy announced the signing of a Sales and Purchase agreement with Lotos E&P Norge AS for sale of a 10% interest in production licenses 316, 316B, 316CS and 316DS, including the Yme re-development project.

Revus Energy Moves Forward with Private Placement of Shares
Tuesday, May 20, 2008The private placement will be carried out through a book-building process. The planned share issue will amount to a minimum of 4,163,452 and a maximum of 5,700,000 new shares, equal to approximately 9.99 % - 13.69% of existing outstanding shares.

Jordbaer Well Spudded
Tuesday, April 29, 2008Revus Energy ASA announced that Bredford Dolphin commenced drilling on the Jordbaer prospect (PL 373S) on 28th April.

Revus Comes Up Dry at Anning
Monday, April 21, 2008Revus Energy ASA announces that results from the drilling operation on the Anning prospect show that the well did not encounter hydrocarbons.

Dong Granted Permission To Drill Wildcat Well In N. Sea
Thursday, April 10, 2008The Norwegian Petroleum Directorate has granted Dong E&P Norge AS a drilling permit for well 1/3-11 in the North Sea.

Revus Ups Production 50% With N. Sea Development
Tuesday, April 08, 2008The production net to Revus is expected to reach a level of 9,000 boepd in the next few days representing an increase of approximately 50 per cent from the average production the last 3 months.

EnCore: Drilling Rig Contracted for UK North Sea Block 210/29a
Tuesday, March 18, 2008As previously announced, Revus Energy (UK) Limited will pay 50 per cent. of the costs of drilling an exploration well up to a total gross cost of UK10 million, and 33.5 per cent of well costs, if any, above UK10 million.

Revus Revenues Hit $15.4 Million for Q4 2007
Thursday, February 28, 2008Revus Energy ASA generated total revenues of NOK 83.4 million (USD 15.4 million) in the fourth quarter of 2007. Significant expansion into the UK Continental Shelf was achieved via the agreed acquisition of Palace UK ltd.

Revus Completes Acquisition of Palace Exploration for $258 Million
Thursday, February 28, 2008Revus Energy ASA has formally completed the acquisition of Palace Exploration Company (UK) Ltd. The purchase price is U.S.$258 million.

Revus Awarded 7 Licenses in APA 2007
Monday, February 11, 2008The award further strengthens Revus' position as one of the leading acreage holders on the Norwegian Continental Shelf.

Faroe Petroleum Awarded Addtl Five New Licenses in Norway
Monday, February 11, 2008These five additional licenses in Norway add significantly to assets secured through recent transactions with E.ON, Shell and GdF, bringing the total number of licenses held by Faroe in Norway to 16.

Oselvar Discovery in the North Sea Proves Positive
Friday, January 04, 2008Drilling on the appraisal well 1/3-10 on the Oselvar discovery in the Norwegian Shelf of the North Sea is complete, and testing shows flow rates at 530 standard cubic meters per day (scm/d) of oil with 252,000 scm/d of associated gas with no water.

Revus Completes NOK 438 Million Private Placement
Friday, December 14, 2007Revus Energy has successfully completed the private placement in which it raised NOK 437.5 million in new equity by issuing 5,335,000 new shares in the company at a price of NOK 82 per share.