Portfolio management 

Through active portfolio management, we seek to optimise our licence portfolio and strengthen our core areas.
During 2008, we signed a sales and purchase agreement to aquire Det Norske's 15% share in Goliat in the Barents Sea and a swap involving a 10% share of Det Norske's participating interest in the Ragnarrock discovery on the Utsira Height in exchange for interests in two exploration licences in the Grane and Heimdal areas.

Furthermore, several exploration licence transactions have been carried out.

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