7 8

8

9

2

6

31

3637 38

2728

29

2021 22

1413

15

208 209 210

218217

216

214

219

220

6302

6403 6402

6401

211

222

207

23

221

6400

223

P1114Huntington

23.01.08

Oslo

København

Kristiansand

Stavanger

Shetland

NORWAY

SWEDEN

DENMARK

Bergen

Florø

Kristiansund

Trondheim

Namsos

Brønnøysund

Sandnessjøen

Bodø

Harstad

Andenes

Tromsø

Hammerfest

BJØRNØYA

NORECO Licence Portfolio

updated 07.05.09HB19297

NORECO operatorProduction LicenceNORECO partnerProduction Licence

NORECO operatorDiscovery LicenceNORECO partnerDiscovery Licence

NORECO operatorExploration LicenceNORECO operatorExploration Licence

PL055 Brage UnitStatoilHydro Petr.TalismanPetoroNORECOEndeavourWintershall Norge

32.7000%33.8434%14.2567%12.2575%4.4424%2.5000%

PL048D Enoch UnitTalisman North SeaDyas UKBow ValleyRoc OilStatoilHydro Petr.DanaEndeavourNorecoDet norske oljeselsk.DongTalisman LNS

24.00%14.00%12.00%12.00%11.78%8.80%8.00%4.36%2.00%1.86%1.20%

PL274 OselvarDongPA ReourcesNORECORevus

40%30%15%15%

PL442 GammaStatoilHydro Petr.NORECOSvenska PetroleumDet norske oljeselskap

40%20%20%20%

PL048C J1StatoilHydro Petr.NORECO

78.20%21.80%

PL148 Nemo LundinTalismanNORECO

50%30%20%

PL018C Flyndre Maersk OilSkeie EnergyNORECOStatoilHydro Petr.Petoro

60.008%15.000%13.338%

6.654%5.000%

PL006C SE TorLundinNORECO

75%25%

PL348 Galtvort StatoilHydro Petr.Gaz de FranceNORECOE.ON RuhrgasPetoroConcedoEndeavour

30.00%20.00%17.50%17.50%

7.50%5.00%2.50%

NORWAY

PL411NORECOSpring

70%30%

PL412NORECOLundinEndeavour

40%30%30%

PL484NORECODanaE.ON Ruhegas

40%30%30%

PL256AkerPetoroRWE DeaNORECO

55%20%15%10%

PL055BStatoilHydro Petr.TalismanPetoroNORECOEndeavourWintershall Norge

32.60%35.10%13.40%13.20%

3.20%2.50%

PL185StatoilHydro Petr.TalismanPetoroNORECOEndeavourWintershall Norge

32.600%34.908%13.400%13.200%

3.200%2.692%

PL274CSDongPA ResourcesNORECOWintershall Norge

40%30%15%15%

PL006DLundinNORECO

75%25%

PL316CSTalismanNORECOWintershall NorgeDet norske oljeselskapLotos

35%35%10%10%10%

PL360StatoilHydro Petr.DongNORECOWintershall Norge

50%20%15%15%

PL361TalismanNORECOWintershall Norge

40%30%30%

PL378Wintershall NorgePremier OilNORECO

40%40%20%

40%40%20%

40%20%20%20%

PL414Det norske oljeselskapNORECOFaroePA Resources

PL435RWE DeaNORECOWintershall NorgeEdison

40%20%20%20%

PL446Petro CanadaNORECODiscover

40%40%20%

PL447Det norske oljeselskapPetro CanadaNORECOVNG

30%30%20%20%

PL519LundinNORECOSpring EnergyGenesis

40%20%20%20%

PL523E.ON RuhrgasNORECODanaAker Exploration

40%20%20%20%

PL526North EnergyNORECOE.ON RuhrgasDana

40%20%20%20%

PL520ExxonMobilNORECO

50%50%

PL525HessNORECO

50%50%

PL440SDet norske oljeselskapDanaFaroeLundinNORECO

30%20%20%18%12%

PL458E.ON RuhrgasNORECODet norske oljeselskap

40%30%30%

PL476Det norske oljeselskapNORECOLundin

40%30%30%

PL490LundinNORECOAker ExplorationDet norske oljeselskap

40%20%20%20%

PL453SLundinNORECODet norske oljeselskapEndeavour

35%25%25%15%

PL391BGNORECOIdemitsuHess

40%20%20%20%

PL400LundinNORECOPetoro

50%30%20%

PL417Wintershall NorgePremierNORECO

4/95 NiniDongNORECORWE Dea

40%30%30%

6/95 SiriDongNORECO

50%50%

22%61%17%

7/89 South ArneHess DenmarkDongNORECODanoil

57.47%34.37%

6.56%1.58%

P1114 HuntingtonE.ON RuhrgasOilexcoNORECOCarrizo Oil and Gas

25%40%20%15%

P1645 MichaelLundinNORECO

60%40%

P1650 Crazy HorseSilverstoneNORECO

50%50%

40%30%30%

50%25%25%

P1660 HermosaCarrizoNORECOE.ON Ruhrgas

P1666 RomeoPetroCanadaNORECOSilverstone

P1658 ScotneySilverstoneNORECO

50%50%

7/06 RauNORECORWE DeaNordsøfonden

40%40%20%

7/86 AmalieDongHess EnergyNORECO

30.00%40.07%29.92%

1/90 Lulita NORECODong

56.40%43.59% 9/06 Gita

MærskPA ResourcesNordsøfondenNORECODanoil

31.2%26.8%20.0%12.0%10.0%

9/95 MajaMærskPA ResourcesDongNORECODanoil

31.2%26.8%20.0%12.0%10.0%

2/06 South Tor PodHessDongNordsøfondenNORECODanoil

45.00%26.85%20.00%

6.56%1.58%

DENMARK

UNITED KINGDOM

PL385StatoilHydro Petr.NORECOWintershall Norge

60%20%20%

PL382BGNORECO

80%20%

PL455NORECOSkeieLotos

50%30%20%

PL451NORECODet norske oljeselskapRocksource

40%40%20%

16/98 Cecil ieDongNORECORWE Dea

6/95Siri West

7/89South Arne

4/95Nini

16/98Cecilie

7/06Rau

7/86Lulita

9/06Gita

7/86Amalie

2/06South Tor Pod

9/95Maja

PL316CS

PL400

PL440S

P1666

P1660

PL018CFlyndre

PL274Oselvar

PL048C/J1

PL417

PL414

PL412

PL411

PL361

PL378

PL055B

PL442Gamma

PL006CSE Tor

PL148Nemo

PL382

PL391

PL523 PL385

PL447

PL435

PL256

PL348Galtvort

PL446

PL048DEnoch

PL055Brage

PL185

P1650

P1645

P1658

PL458

PL360

PL519

PL520

PL525 PL526

PL484

PL476

PL006D

PL455

PL451

PL453S

PL490

PL274CS

1 2 34

1211

20

19

28

18

27

32

36

62066205

6305 6306 6307

6405 6406 6407

6408

6204620362026201

6304630363026301

6300

6404640364026401

6505 6506 6507 6508 6509

6510

650465036502

66026605 6606 6607 6608 6609 6610

6611

66046603

6501

6601

66°

67°

68°

70°15

71°

72°

73°

74°

65°

1E°0°

1W°

2W°

2E°

3E° 4E°

5E° 6E° 7E° 8E°

9E°

10E°

11E°

6705 6706 6707 6708

6808

6709

7120 7121 7122

7119711871177116

7220 7221 7222 7223 7224 7225 7226 7227 7228 72297230

7231

7123 7124 7125 7126 7127 71287129

71307131

7029 70307031

72197218721772167215

7320 7321 7322 7323 7324 7325

7422 742324°E

7424 742526°E

7326 7327 7328

7426 742728°E

7428

7329 7330 7331

742930°E

7430 743132°E

7319731873177316

7420 742122E°

741920°E

7418741718°E

7416

7315

741516°E

7020

7021

7022

7019701870177016

6809

6710

6810

67046703

6200

353433

31

29

30

2625

24

171615

1098713

6

5

1E°0° 2E° 3E° 5E° 6E° 7E° 8E°4E°

63°

62°

61°

60°

59°

58°

57°

56°

64°