Insiders buying shares

This article originates from the news archive of Det norske.

24. February 2011

Teitur_PoulsenChief Financial Officer, Sr. VP Exploration and Project manager for the southern North Sea has on February 23 and 24 bought shares in Det norske.

CFO Teitur Poulsen has February 24 bought 8,300 shares in Det norske at an average price of NOK 27.00.

Following the transaction Poulsen holds 40,460 shares in Det norske.

LarsenSr. VP Exploration in Det norske, Vidar Bergo Larsen has on February 23 bought 7,500 shares in Det norske.

Average price was NOK 26.50. After the transaction

Larsen controls personally and through companies of his control, 40,864 shares in Det norske.


AubertProject manager for the southern North Sea and staffs deputy board member, Kristin Aubert has on February 23 bought 4,500 shares in Det norske.

The price was NOK 27.40.

Aubert controls 17,303 shares in Det norske after the transaction

Det norske oljeselskap ASA is noted on Oslo Stock Exchange with the ticker DETNOR.

More about the share here.

About Det norske:
Det norske is the second-largest operating company on the Norwegian Continental Shelf both considering number of operatorships, exploration- and drilling activity. The aggressive exploration program is the largest an independent Norwegian company has ever conducted on the NCS. Det norske runs its activities in a safe and responsible manner in close cooperation with the authorities. Det norske will in 2011 participate in over 10 drilling operations as partner or as operator.

Det norske currently employs a staff of around 200. 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).