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Prospect News home > News index > List of issuers N > Headlines for Norwegian Energy Co. ASA > News item
Published on 4/25/2008 in the Prospect News PIPE Daily.

Noreco plans up to NOK 450 million private placement of stock

By Devika Patel

Knoxville, Tenn., April 25 - Norwegian Energy Co. (Noreco) announced it plans a private placement of shares for between NOK 300 million and NOK 450 million.

The price will be determined through a book-building process. A minimum subscription price is set at NOK 22.25 per share.

Based in Stavanger, Norway, Noreco is an oil and gas company.


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