A Norwegian Oil and Gas Exploration Company

with a unique combination of global experience and local Norwegian knowledge to deliver outstanding exploration results

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Noreco spuds exploration well on Verdande

On 8 April 2014, operator Norwegian Energy Company ASA (Noreco) spudded exploration well 6608/10-16 in Production License 484. The well will target the Verdande prospect, which is located in the Norwegian Sea close to the Norne field.   License partners ...
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Explora Petroleum signs farm-in agreement with VNG

Explora Petroleum AS ("Explora Petroleum") has entered into a farm-in agreement with VNG Norge AS (“VNG”) for Production License 757. Explora Petroleum will acquire a 30 percent working interest in the license, which is located in blocks 6506/1 and 6506/...
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Careers

Our hiring campaign has been very successful and we have now filled all the immediate vacancies.
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Chris Wright joins the board

We are pleased to welcome Chris Wright as a board member from January 2014. Chris has vast experience from a long and successful international career in the oil industry.
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Awards in APA 2013

Explora Petroleum AS has received offers of awards in three licences in APA 2013, 2 in the North Sea and 1 in the Norwegian Sea
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Explora Petroleum AS has entered into a farm-in agreement with Statoil ASA on PL230

Explora Petroleum will acquire a 20 percent working interest in the license, which is located in the Nordkapp Basin in the Barents Sea. This is Explora Petroleum’s first license in the Barents Sea. License partners in PL230 following this transaction are...
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Dry well east of the Trym field in the North Sea - 4/4-1

Repsol Exploration Norge AS, operator of production licence 541 (Explora Petroleum 25%), has completed drilling of wildcat well 4/4-1. The well encountered the reservoir target, but no hydrocarbons were found. Read more on the following link to the NPD p...
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Explora Petroleum enters into agreement with Noreco Norway AS

Explora Petroleum AS ("Explora Petroleum") is pleased to announce that the company has entered into an agreement with Noreco Norge AS ("Noreco") to acquire a 10 percent share of PL 484, which is located in the Norwegian Sea. Both Noreco and Explora Petro...
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Explora Petroleum increases its exploration loan facility to step up NCS Exploration activities

Explora Petroleum is pleased to announce that it has secured a NOK 615 million exploration loan facility with a strong group of energy focused banks comprising Sparebank1-SR-Bank ASA ("SR Bank"), DnB Bank ASA ("DNB") and BNP Paribas ("BNPP"). This facili...
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