A winner in APA 2009

This article originates from the news archive of Det norske.

19. January 2010

Det norske oljeselskap ASA is offered most licenses in APA 2009. Det norske emerged as a winner in the Awards in Predefined Areas (APA) 2009 licensing round. Following this award, Det norske has ownership in 81licenses and is operator for 36 licenses.

As many as 44 companies applied for acreage in the APA 2009 round. In total, Norwegian authorities have offered 38 licenses to 42 companies, with 19 companies being offered a role as operator.

Det norske has been offered ownership in 11 licenses, and the role as operator in 6 of these. Det norske CEO Erik Haugane is very pleased with the result.

”This award is a success for Det norske and offers us lots of high-quality acreage. We are very pleased with the result and we have been offered licenses that were our top priorities.”

Final awards will take place when the companies have accepted the offers.

About Det norske:
Det norske oljeselskap ASA has interests in a total of 81 licenses, with 36 operatorships. Det norske is the second-largest operating company on the Norwegian Continental Shelf both considering number of operatotships and exploration activity. I 2009 the company operated nine exploration wells, and the high activity will continue in 2010. Det norske runs its activities in a safe and responsible manner in close cooperation with the authorities.

Det norske currently employs a staff of 180. The company`s registered office is located in Trondheim. The company also has offices in Oslo,Harstad, and Stavanger. Det norske is listed on the Oslo Stock Exchange (DETNOR).