Noreco

NORECO (OSL:NOR) Stavanger, 18 November 2008: Norwegian Energy Company ASA (OSE:NOR), The share capital increase in Noreco announced on 4 November 2008 was yesterday registered with the Norwegian Registry of Business Enterprises. Following the registration, Noreco`s share capital is NOK 444,428,018.70, divided on 143,363,877 shares, each with a nominal value of NOK 3.10. The Articles of Association of Noreco have been revised accordingly. Please find the updated company certificate attached.

NORECO (OSL:NOR) Stavanger, 13 November, 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has been offered six licenses in the UK 25th offshore round.

NORECO (OSL:NOR) Stavanger, 6 November, 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has entered into an agreement to sell a 30% interest in exploration license PL411 in Norway to Spring Energy.

NORECO (OSL:NOR) Stavanger, 5 November 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco's oil, gas and NGL production in October 2008 was 13 300 barrels of oil equivalents per day.

NORECO (OSL:NOR) Stavanger, 4 November 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR),

NORECO (OSL:NOR) Stavanger, 3 November October 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco has received approval from the NOK 2,800 million bondholders to redeem NOK 560 million of bonds at par value and remove the covenant related to the market adjusted equity ratio in the loan agreement.

NORECO (OSL:NOR) Stavanger, 23 October, 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Oil has been discovered in the Knockandoo-Talisker exploration well near the producing Brage field in Norway, where Noreco owns a 13% share. The well is now being completed and is expected to start production within 3-4 weeks. - We are very exited about the as it adds near term production and reserves, without any further investments, says CEO Scott Kerr.

NORECO (OSL:NOR) Stavanger, 23 October 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), The oil company Noreco reached record levels both in revenue, oil production and results in 3Q 2008. EBITDA was NOK 580 million. Net result after finance and tax was NOK 135 million, which is more than triple the net results of 2Q.

NORECO (OSL:NOR) Stavanger, 15 October 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), Noreco will present the results for Q3 2008 on Thursday 23 October 2008 at 09.00 Norwegian time. The presentation will take place at Felix konferansesenter, Bryggetorget 3, Oslo. The presentation can also be followed by webcast on Noreco`s web page www.noreco.com or at www.oslobors.no/webcast

NORECO (OSL:NOR) Stavanger, 9th October 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), The planned shutdown on Noreco's Siri field for maintainance for 6 days was executed according to plan. The field is back in production today.