Strong quarter for Det norske
So far this year, Det norske oljeselskap ASA has created material value
through exploration. The exploration results form the basis for strong
growth in the years ahead. In July, a plan for development and operation
(PDO) was submitted for Atla, and Det norske plans to decide on a PDO
for Jette in September.
CEO Erik Haugane of Det norske is very pleased with the progress made so
far this year.
"We have hit the jackpot. Since the first quarter, we have discovered
resources corresponding to more than 100 million barrels of oil
equivalents. This means that we have taken a large step forward in
relation to our production targets. Aldous Major South is probably the
biggest oil discovery in Norway in 20 years, in which we own 20%. We
have a stake in the Krafla discovery south of Oseberg in the North Sea,
which we expect the operator, Statoil, to develop quickly and at
reasonable cost. The discovery in Norvarg gives grounds for renewed hope
and interest in the Barents Sea, and we also see a potential in
connection with the find in Skalle."
Please find, press release, presentation and Q2 report attached.
Knut Evensen, VP Investor Relations: +47 950 77 622
Teitur Poulsen, CFO: +47 950 82 892
CEO Erik Haugane, mobile: +47 907 21 655
VP Communication, Torgeir Anda, mobile +47 99 11 22 03