News from 2012

Stavanger, 18 April 2012: Norwegian Energy Company ASA (Noreco) is currently drilling exploration well 7228/1-1 on the Eik prospect in the Barents Sea.

As of 27th of March, the rig Transocean Barents is starting the exploration drilling on the Eik-prospect in the Barents Sea. Front Exploration AS has a 30 percent share in the license.

The Eik-prospect in the PL 396 license is located northeast in the Barents-sea, 210 kilometres northeast of the North Cape, and about 75 kilometres east of the gas discovery Nordvarg. The drilling will be performed by Transocean Barents, and is expected to last for about 35 days.

The prospect is one of the two easternmost licenses in the Barents-sea, not far from the recently clarified delimitation line between Norway and Russia. Even farther east is the Elbrus-prospect in PL 536, where Front Exploration holds a 20 percent share in the license.

"This is an exiting area, and we are very exited about being present here", says Yngve Vassmyr, CEO of Front Exploration AS.

At the annual General Assembly today, the stakeholders were informed that Front Exploration AS wishes to initiate discussions with North Energy ASA with regard to merger or other form of integration.

This position is open to 3rd or 4th year students, or recent graduates

Mot Midnight sun maraton

There is a place where you can hire a snowexpert, neuroscientist, dinosaur hunter, or an astrophysicist. All you need to do is to call the role model agency ALFA.

The Norwegian Ministry of Petroleum and Energy has awarded the oil company Front Exploration a new production license on the Norwegian continental shelf.

Six months from now, the employees in the oil company Front Exploration will be at the starting line of the Midnight Sun Marathon.
They have just started their training, and the first objective is to get the mental aspects in place