Norway: Barents Eik prospect found noncommercial

April 18, 2012
Preliminary results indicate that the 7228/1-1 exploratory well being drilled on the Eik prospect in the Barents Sea offshore Norway does not contain commercial hydrocarbons, said Norwegian Energy Co. ASA, Stavanger.

Preliminary results indicate that the 7228/1-1 exploratory well being drilled on the Eik prospect in the Barents Sea offshore Norway does not contain commercial hydrocarbons, said Norwegian Energy Co. ASA, Stavanger.

Noreco is operator with 50% interest in the PL396 license 200 km northeast of North Cape. Front Exploration AS has 30% and Petoro AS has 20%.