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Performance in Q4 2011

KONGSBERG reports good performance in Q4 2011, laying a sound foundation for 2012.
Q4 revenues totalled MNOK 3 883. The EBITA came to MNOK 544. This results in an EBITA margin for the Group of 14.0 per cent, compared with 18.5 per cent in Q4 2010. Earnings per share (EPS) came to NOK 2.98 in Q4.

Accumulated operating revenues for 2011 added up to MNOK 15 128. This is roughly the same level as in 2010,...

Announcement of 4th quarter 2011 and preliminary accounts for 2011

In connection with the 4th quarter 2011 earnings announcement and preliminary accounts for 2011, Fred. Olsen Energy ASA will host a media- and analyst conference on Thursday 16th February 2012 at 09.00 a.m. The presentation will be held at the Company’s office in Fred. Olsensgt. 2, Oslo. Please register to Sølvi van Spronsen, telephone + 47 22 34 12 43 or by e-mail  

Oslo 09.02.2012
Fred. Olsen...

REGARDING POSSIBLE SHAREHOLDER COOPERATION IN DNO (VEDRØRENDE MULIG AKSJONÆRSAMA...

Petrolia Invest AS, a wholly owned subsidiary of Petrolia ASA, refers to the OSE filing dated 7 November 2011, regarding a possible shareholder cooperation working for the valuation of DNO International ASA (DNO) better reflecting the underlying values of the company. Following the share price development over the recent months, and the annulment action against DNO, Petrolia Invest has decided not to continue the...

ACQUIRES CATCH FISHING SERVICES

Petrolia Tool Pool AS, part of Petrolia’s Oilfield Services, has entered into an agreement of acquiring 85 per cent of Catch Fishing Services, a leading provider of well fishing, remedial and whipstock services for the oil and gas industry. The transaction will strengthen the Oilfield Services offering and increase the utilization of the group´s equipment.
- The acquisition of Catch will strengthen our Oilfield...

Correction - PETROLIA NORWAY AS APPROVED NCS LICENSEE

The Ministry of Petroleum and Energy has approved Petrolia Norway AS, a subsidiary of Petrolia ASA, as a licensee on the Norwegian Continental Shelf.

- We are pleased by being approved as a licensee on the Norwegian Continental Shelf, leveraging on the extensive upstream industry experience of the Petrolia Norway team, using a combination of innovative exploration tools, technology and competence. We consider the...

PETROLIA NORWAS AS APPROVED NCS LICENSEE

The Ministry of Petroleum and Energy has approved Petrolia Norway AS, a subsidiary of Petrolia ASA, as a licensee on the Norwegian Continental Shelf.

- We are pleased by being approved as a licensee on the Norwegian Continental Shelf, leveraging on the extensive upstream industry experience of the Petrolia Norway team, using a combination of innovative exploration tools, technology and competence. We consider the...

Invitation to presentation of Year-End Results 15 February

PA Resources will release the Year-End Report for 2011, including the fourth quarter, on Wednesday 15 February at 07.45 CET. President and CEO Bo Askvik and CFO Nicolas Adlercreutz will host a webcasted conference call the same morning at 10.00 CET.
The live webcast and presentation material may be accessed on www.paresources.se. An on demand version is also available after the presentation.

Link to...

PA Resources’ Production Report for January 2012

Average production of oil per day*

(barrels per day) Year to Date 2012 January 2012
West Africa 6,600 6,600
North Africa 2,700 2,700
Group Total 9,300 9,300

* Production based on Working Interest, which is PA Resources’ share of the total gross production
of the oil fields before deduction of royalty and taxes etc. Production figures are preliminary.

· Production from the two Tunisian fields El Bibane and...

EnQuest completes acquisition of 20% of Kraken Discovery

31 January 2012
EnQuest PLC (‘EnQuest’) today announces that it has completed the acquisition of two companies from Canamens Limited, this agreement and the associated details of the transaction were announced on 9 January 2012. ENDS

Proposal to amend Bond Agreement - Summons to Bondholders’ Meeting

Please find attached summons to Bondholders' meeting. Contactinfomation: Mr Sølve Nilsen, Finance Manager, e-mail: