Welcome to Core Energy
Core Energy is an oil & gas company established with the aim of capturing the value potential in and around producing oil and gas fields on the Norwegian Continental Shelf. The company will seek to acquire interests in producing fields and create value through focusing on increased oil and gas recovery, near field exploration and adjacent field developments. The company is backed by the leading oil and gas focused private equity investor HitecVision.
Increased capital commitment to Core Energy
We are pleased to announce that Core Energy has raised an additional USD 150 million of equity. The new financing will enable Core Energy to accelerate its growth strategy on the Norwegian Continental Shelf....
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Gullkronen 2012
Core Energy received the Newcomer of the Year award under the Gullkronen event hosted by Rystad Energy 1 February 2012. The jury's reasoning for the award: "The winner secured financing by HitecVision shortly after the establishment in 2010. During 2011, the company obtained pre-qualification as a licensee on NCS and has started building a portfolio through acquisition of both mature fields and a development field. The jury is impressed by the...
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New Chairman appointed in Core Energy
The oil company Core Energy announces the appointment of Inge Hansen as new Chairman of the Board of Directors.Hansen, age 65, has a broad and relevant background from Norwegian financial markets and the industry. He has previously held the position as CFO and acting CEO of Statoil and CEO of Aker Kværner, and currently holds several significant board positions, including being the Chairman of the board in Gjensidige and Director o...
Read MoreCore Energy prequalified as licensee on the NCS
Friday 3rd of June 2011, Core Energy received notification from the Norwegian Ministry of Petroleum and Energy that the company has been prequalified as a licensee in Norway....
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Core Energy acquires interests in Brage and Hyme
We are pleased to announce that Core Energy AS has entered into an agreement with Norwegian Energy Company ASA (Noreco) to acquire its interest in the Norwegian oil field Brage and the Hyme development project. The transaction is subject to customary approval by the Norwegian authorities....
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Core Energy acquires an interest in the Snorre oil field
The newly established oil company Core Energy AS announced today that the company has entered into an agreement with Hess Norge AS to acquire its 4.9% interest in PL057, including a 1.0384% share in the Snorre field and unit in the North Sea. The transaction has an effective date of 1st January 2011 and is subject to a partner’s pre-emption right and customary approval by the Norwegian authorities....
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HitecVision invests in Core Energy
HitecVision, the leading oil and gas focused private equity investor, announced today an agreement to provide an equity line of USD 150 million to the independent oil and gas company Core Energy AS....
Read MoreVisiting address:
Rosenkrantzgate 16, N-0160
Postal address:
P.O. Box 1489 Vika, N-0116 Oslo
Phone: +47 24 04 54 80
E-mail address: post@coreenergy.no
