| |
| | NORSK HYDRO ACQUIRES SDFI SHARES ON THE NORWEGIAN SHELF (Site not responding. Last check: 2007-10-13) |
 | | These licences cover the Oseberg, Oseberg Øst, Oseberg Sør, Tune and Grane fields, and were previously part of the State Direct Financial Interest (SDFI) on the Norwegian Continental Shelf. |
 | | In the Oseberg area Hydro acquires a 14,4 % interest in licence PL 053, a 7,5 % interest in PL 079 and divests a 6 % interest in PL 171B. |
 | | This increases Hydro's equity from 22,23 % to 34 % in Oseberg, from 32,02% to 34 % in Oseberg Sør, from 19,6 % to 34 % in Oseberg Øst, from 30 % to 40 % in Tune and from 24,4 % to 38 % in Grane. |
| www.newmaterials.com /news/1895.asp (436 words) |
|