CorrOcean Changes Name to Roxar ASA

CorrOcean has approved the company's name change to Roxar ASA at the general meeting held October 17, 2007.

All amendments were unanimously approved according to the board's suggestions.

Additionally, the general meeting made its resolution in accordance with the recommendation of the nomination committee, and the following board members were elected as new members of the board: Johan Fredrik, Odfjell, Gunn-Jane Håland, Eli Skyberg and Morten Bergesen Jr.