Norse, Petrobras Spud Copaiba Well Offshore Brazil

Norse Energy Corp. ASA, in partnership with Petrobras (Operator), Queiroz Galvao Oil & Gas and El Paso, has announced the spudding of the Copaiba well in the BM-CAL-5 block in Camamu-Almada basin offshore
Brazil. Drilled by the Transocean Winner, the main target of this prospect is expected around 2,800 meters of depth.

Norse Energy holds a 18.33 percent ownership in this block.

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