Noreco Keeps Production Steady
Norwegian Energy Company ASA reported that Noreco's oil, gas and NGL production for February was 9,600 barrels of oil equivalent per day. The average price achieved for the month was $95 per barrel.
The production volumes are preliminary and are subject to adjustments, including final allocations between fields, quality adjustments and prices. The stated price per barrel is after cost of put options.
- Det Norske to Acquire Noreco's Norwegian Portfolio (Mar 02)
- Noreco Oil UK Receives Huntington License Default Notice (Nov 02)
- Noreco CEO Steps Down (Oct 13)