Lappland Goldminers AB (STO:GOLD) Lappland Goldminers AB (publ), listed on First North and the Norwegian OTC list, has decided, after completion of planning work, to start the mining production at the gold mine in Pahtavaara, Finland.
B&B TOOLS AB (STO:BERGB) Revenue and profit * Revenue increased by 15 percent till MSEK 4,936 (4,277). * Operating profit increased by 27 percent to MSEK 380 (300). * Profit after financial items increased by 21 percent to MSEK 326 (269). * Profit after taxes increased to MSEK 236 (197). * Earnings per share increased by 21 percent to SEK 8.35 (6.90). * Return on equity was 30 percent.
Oceanteam ASA (OSL:OPU) Oceanteam ASA today announced that Ruud van der Steeg joins the company as CFO, effective 3 November, 2008.
Seadrill Limited (OSL:SDRL) Seadrill has agreed an early termination of the total return swap agreements with Carnegie Investment Bank AB Norway Branch with 4,500,000 shares in Seadrill Limited as underlying security. The swaps originally had December 19, 2009 as maturity date. Simultaneously, Seadrill entered into a total return swap agreement with DnBNor Markets with 4,500,000 shares in Seadrill Limited as underlying security. The agreed initial reference price under the swap agreement is NOK56.7 per share with expiry on February 12, 2008. Seadrill also has a current holding of own treasury shares of 717,800 shares. This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).
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.
Algeta ASA (OSL:ALGETA) Oslo, Norway, 13 November 2008 - Algeta ASA (OSE: ALGETA), the Norwegian cancer therapeutics company, today announces that Dr. Thomas Ramdahl, President and Chief Executive Officer, will be presenting at the Lazard Capital Markets 5th Annual Healthcare Conference to be held at the St. Regis Hotel, 2 East 55th Street, New York City, from November 18 - 19, 2008.
Seadrill Limited (OSL:SDRL) Seadrill has agreed an early termination of the total return swap agreements with Carnegie Investment Bank AB Norway Branch with 4,500,000 shares in Seadrill Limited as underlying security. The swaps originally had December 19, 2008 as maturity date. Simultaneously, Seadrill entered into a total return swap agreement with DnBNor Markets with 4,500,000 shares in Seadrill Limited as underlying security. The agreed initial reference price under the swap agreement is NOK56.7 per share with expiry on February 12, 2008. Seadrill also has a current holding of own treasury shares of 717,800 shares.
