E.ON Ruhrgas appointed Huntington field operator

The non-operating partners of the Huntington field in the UK have unanimously decided to remove Oilexco as operator of the license and accept E.ON Ruhrgas as the new operator.

Offshore staff

STAVANGER, Norway -- The non-operating partners of the Huntington field in the UK have unanimously decided to remove Oilexco as operator of the license and accept E.ON Ruhrgas as the new operator. Oilexco will now serve as a non-operating partner in the license.

"With Oilexco now in administration, we see the change in operatorship as in the best interest of the joint venture and it is important to swiftly remove any uncertainty on the Huntington development and preserve the value of this important asset," says Scott Kerr, Noreco CEO.

"The operatorship change will ensure progression on the development in line with the partnership's plans."

01/12/2009

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