Badger Explorer ASA (‘BXPL’) releases its 1Q 2012 Report today. The Company’s 1Q 2012 investor presentation will take place in Oslo at Hotel Continental on Thursday, 10th May 2012 at 11:00 - 12:30. Light lunch will be served. SR-Markets will host the investor presentation in Stavanger on Friday, 11th May 2012 at 08:00 - 09:30. The presentation will be given at Sparebank1-SR-Banks headquarters at Bjergsted Terasse 1, 4066 Stavanger. Breakfast will be served.
During the first quarter of 2012 Badger Explorer ASA had three focus areas that have been drivers for all efforts within the Company, and which will continue to shape the Company’s activities during the coming year. These are the Badger Explorer Demonstrator Program, the Field Pilot Program and Funding.

Statoil has joined ExxonMobil in sponsoring the Badger Explorer Demonstrator Program which is a three-year sponsor-supported program designed to develop the first commercial version of the tool. The aim is for a simplified and...