The Norwegian Energy Co (Noreco) said today that it saw record operating revenues in the fourth quarter last year, of US $77.4m, up 21% on the same period in 2007. Output in Q4 hit 14,900 boe/d, up 42% on the last three months of 2007. Noreco said that in December 2008 it set a new record production of 16,100 b/d.
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