Rocksource Pre-Qualified on the Norwegian Shelf


The Ministry of Oil and Energy has notified Rocksource that the company has been pre-qualified as a licensee on the Norwegian Continental Shelf.

Trygve Pedersen, Managing Director for Rocksource, states that 'Pre-qualification on the NCS is a major milestone in the development of Rocksource. We now have established a capable organization, and we are well positioned to continue the implementation of our strategy for the NCS. We will continue to pursue opportunities where Rocksource may apply its proprietary EM technology as a key tool for the reduction of exploration risk. The NCS has significant yet to find potential which may be unlocked by the application of this new technology and we look forward to working with partner companies and the Norwegian Authorities to make our contribution towards additional value creation on the NCS.'