Nyhetsarkiv

AGRI - Company update

Company news

2012-02-03 07:40:52

Highlights:

*Strong revenue growth in 2011 driven by substantial sales in Mexico
*HYT products for USD 28 million shipped and invoiced in 2011
*HYT A product licence received in China
*Expansion of production facilities in Etchojoa, Mexico initiated
*Strengthening capabilities within technical and sales support a key to further growth
*Part of 2011 sales may be recognized as revenue in 2012 pending subsidies structures under the MasAgro programme


CEO comment:

"Agrinos' introduction of a new biotechnology which increases agricultural yields, crop quality and sustainability has been well received during 2011 - both by farmers, companies and public officials. When it comes to short term sales, it is of course our commercial breakthrough in Mexico with the governmental MasAgro programme which has lifted the company the most in 2011. New trials, customers and market entries, as well as obtaining a license for HYT A in China, further underlines the increased international adoption of our HYT technology.

I am satisfied that Agrinos delivered a significant sales growth in 2011 and that we produced and delivered HYT products equal to a value of approx USD 28 million during the year. A major part of these sales were achieved in Mexico under the umbrella of the MasAgro programme, the Mexican Governments initiative to improve agricultural performance. The sales were generated as a consequence of the increasing awareness and acceptance of our HYT technology, since we have a been appointed as a formal supplier under the programme. At the same time, we look forward to when the Mexican government can formalize the MasAgro subsidies distribution structures. The promulgation of these structures could impact the level of revenues to be recognized in our accounts for 2011. Nevertheless, the demand situation looks strong regardless of subsidy distribution structures.

Agrinos is currently building capacity to meet the substantial demand that both commercial distributors and farmers express in Mexico today. We are furthermore prepared to meet additional requirements from vehicles under the MasAgro programme. Agrinos flexible production system enables the pace of production ramp-up and product deliveries to be continuously adapted to the overall demand development for HYT products. While the main focus within commercial activity for Agrinos in 2012 will be to continue to increase sales activities under the MasAgro umbrella through various commercial distribution structures, the company is prepared to deliver on the plan described in the LOI with Mexico's agricultural ministry SAGARPA.

Moving forward, we are continuing an efficient ramp-up of our organizational capabilities to support our growth and strengthen Agrinos' market positions. The two main priorities are technical support and sales. As planned Agrinos has accelerated hiring and training of technical support and sales professionals in all markets, and continued to industrialize corporate structures in order to prepare the company for further growth in the years to come."


Group performance

Agrinos is a growth company with a progressive business plan. The company reported an unaudited 2010 pro forma revenue of USD 3.7 million and reiterated its 2011 full year revenue target of USD 17.6 million when the company released its annual report in June 2011. On the back of the increased expectations to sales development following the appointment as an official supplier of so-called "biofertilizers" through the MasAgro programme, the full year 2011 revenue target was lifted to USD 28 million in October. Agrinos has sold and delivered HYT product volumes equal to approx USD 28 million during 2011, but is awaiting a final conclusion of revenue recognition in Mexico before the unaudited full year 2011 revenue and financial statements are announced. Approximately 20% to 30% of the 2011 sales could potentially be postponed and as such recognized as 2012 revenue.


Operational status

Agrinos has divided its operations into Business Area South America (Mexico, Brazil and Latin America), Business Area North America (US West and US East), Business Area EMEA (Western Europe, Eastern Europe and Middle East and Africa), Business Area South East Asia (Malaysia and Indonesia) and Business Area China and India. This operational status will focus primarily on Mexico and China but Agrinos will revert later with a company update containing the company's consolidate unaudited full year 2011 financial results, and an operational review covering its entire business.

Mexico:
Agrinos announced on the 19th of September 2011 that it had signed a "Letter of Intent" (LOI) with Mexico's Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA) pertaining to the large scale use of its products within a newly formed agriculture programme known as "MasAgro". SAGARPA has initiated this ten year, national scale agricultural development programme to increase maize and wheat productivity, obtain higher returns on the yields of these strategic crops and decrease the regional and global environmental impact associated with their cultivation. One of multiple avenues SAGARPA is pursuing to reach their ambitions under this program is the introduction of so called "biofertilizers" to increase productivity in traditional agriculture in a sustainable way In October, the company received a binding purchase order from SAGARPA's designated agent, Mex Agro Internacional S. A. de. C. V. This order specified quantities of HYT products sufficient to treat 1 million hectares of agricultural land participating in the MasAgro program. The deliveries of these products were to be made on a running basis over the coming four months through January 2012.

The LOI represented SAGARPA's and Agrinos mutual intention of identifying viable avenues of providing farmers with biofertilizers in general and HYT products in particular. As described above, Agrinos also entered into an agreement with the government appointed MexAgro SA de CV, under which the company received a purchase order to enable delivery in accordance with the LOI by the use of targeted funding sources from various government subsidy programmes as the incentive. The final formal structures for the use and dispersion of these incentives have been delayed, and as a consequence,the deliveries to Mex Agro Internacional S.A. de C.V. have been slow. However as Agrinos was appointed an official supplier under MasAgro, the company could accelerate the promotion, sales and invoicing of HYT products through commercial channels in multiple regions, covering several crops, in Mexico. This resulted in total group sales approximately in line with the 2011 revenue ambition of USD 28 million.

As for the ambitions for the spring/summer season of 2012 and the autumn/winter season of 2012/2013, Agrinos is experiencing increased interest from distributors and farmers across Mexico and this is expected to drive the company's growth further. Agrinos is positioned to supply additional quantities of HYT to government appointed vehicles, including MexAgro, once the MasAgro subsidies distribution structures are formally established. Related to this, the company is keeping a close dialogue with SAGARPA to enable appropriate planning of production and inventory.

Agrinos is monitoring the results and progress from current crop cycle applications in Mexico, and will prepare relevant and third party reports on yield results and soil fertility as a basis for the promotion of the principles under MasAgro for evaluation and use by the Mexican Government.

The LOI with SAGARPA also indicates an intention to increase the use of Agrinos products during 2012 and beyond, for product application on between 7 million and 14 million hectares of agricultural land per year. It is Agrinos' view that the LOI reflects a true commitment and ambition over a ten-year period and Agrinos is capable and prepared to deliver on the Mexican government's target of developing the productivity and sustainability of the country's agricultural sector on a national scale.

Agrinos' focus in Mexico going forward will be to ensure the correct application of HYT products and follow-up of MasAgro participants, as well as other customers. To enable timely deliveries and follow-up of the MasAgro programme and the general market in Mexico, Agrinos has accelerated the strengthening of the Mexican organization, particularly through an increase of technical support personnel.

China:
Agrinos strengthened its strategic basis for growth in China during 2011. In December, the company obtained from the Ministry of Agriculture of the People's Republic of China a formal nationwide product license for its microbial HYT(tm) A product. The product license enables Agrinos to sell its products in all provinces in China through its local joint venture company during 2012. Following the HYT(tm) A approval, contracts have been signed with a Chinese organic farming group and a government related company for HYT deliveries. With the HYT(tm) A license in place, the product becomes eligible for governmental purchase programmes. The product registration supports the underlying momentum of technology adoption with key clients in strategic regions across China.

Agrinos' joint venture company in China, Beijing Agrinos Biotech Co Ltd, has conducted trials and tests in 18 different regions and important agricultural provinces during 2011. In parallel and based on a previously achieved HYT(tm) B product license, sales and marketing efforts have been directed towards the retail segment, as well as governmental and large institutional parties. Moving into 2012, activities are increasingly focused towards key opinion leaders with large commercial potential.


Other business areas:
Agrinos continues to experience overall positive trial results in all regions when HYT is used and followed-up correctly. To ensure trials with consistent results when the company is expanding, Agrinos will focus on an integrated crop management philosophy and implement a strategy of establishing Centers of Excellence in multiple geographical regions, in order to ensure dissemination of knowledge and support to customers. Strengthened focus on continuous improvement efforts in Quality Assurance and Control throughout the value chain will furthermore be a priority.

Agrinos has already established a Centre of Excellence in Mexico supporting the Americas and a unit in the UK is being developed to support the European markets. The company is also in the process of expanding the Colombian organization's activities into Peru, as a part of the Latin American strategy towards key agricultural regions.


Capacity expansion

Agrinos currently has an annual production capacity of 8 million litres of HYT A, and 4 million litres of HYT B. Based on the projected demand from Mexico and other markets, Agrinos initiated another phase of expansion of the production facilities in Etchojoa in Mexico in November. The expansion project will be made step wise and Agrinos will ultimatelybe able to increase its annual production capacity by 22 million litres of HYT A and 11 million litres of HYT B, reaching an annual capacity of 30 million litres of HYT A and 15 million litres of HYT B by July 2012. Related capital expenditures of an estimated USD 11 million will be financed through the proceeds from the capital increase in November 2011. This expansion method secures necessary capacity, while giving flexibility with regards to the timing of the capital expenditures. Practically, this means that the production plant buildings will be erected, and bioreactors will be sequentially installed in order to match global demand.


Share capital increase

Related to Agrinos' acquisition of distribution networks in Mexico and Colombia as described related to the capital increase in November of 2010, the company entered into asset purchase agreements where seller loans to Agrinos constituted parts of the settlements. It was agreed that the NOK 6.0 million seller loans were to be converted into Agrinos shares at a later stage, on predefined terms.

To effectuate the conversion of these loans into shares in Agrinos, an extraordinary shareholders' meeting held on November 11 2011 granted the Board of Directors an authorization to increase the company's share capital with up to NOK 2,400 by issuing up to 240,000 new shares each with a par value of NOK 0.01.

In accordance with the authorization, the Board of Directors resolved a capital increase where the share capital has been increased by NOK 2,400 from NOK 370,348.33 to NOK 372,784.33 through the issue of 240,000 new shares each with a nominal value of NOK 0.01. The capital increase was completed in 2011.

By this, Agrinos has completed all outstanding requirements relating to the acquisition of distribution networks in Mexico and Colombia.


Full year 2011 financial results

Agrinos aims to announce unaudited full year 2011 consolidated financial statements in March 2012 and will announce the event in due course.




Investor contacts:

Tom Einar Rysst-Jensen
Chief Executive Officer
+47 977 94 958
tom.rysst-jensen@agrinos.com

Hellek Braathen
Chief Financial Officer
+47 450 46 037
Hellek.braathen@agrinos.com

Investor and media contact:

Harald Bjørland
Investor relations and Corporate communications
+47 908 58 221
harald.bjoerland@agrinos.com



About Agrinos

Agrinos is a green technology company committed to improving the productivity and decreasing the environmental impact of modern agriculture. Agrinos' line of High Yield Technology(tm) ("HYT(tm)") products help farmers to practice profitable, high yield sustainable agriculture by providing increased crop productivity, improved efficiency of conventional fertilizer use and decreased environmental footprint. Certified organic and based on Agrinos' proprietary technology, the HYT(tm) products provide these benefits by strengthening the soil-based microbial ecosystem, stimulating crop development at key points in the growth cycle and boosting natural plant resistance to pathogens and threats. With solutions for a variety of crop categories, the technology comprising the HYT products has demonstrated its value through more than 1500 trials in key agricultural regions worldwide.

Founded in 2009, Oslo-headquartered Agrinos has grown to include offices and operations in the USA, Mexico, Colombia, Brazil, UK and Europe, Ghana, Indonesia, Malaysia, India and the People's Republic of China. Agrinos enjoys financial backing from a number of leading international investors and a strong management team lead by its Chairman, Dr. Thorleif Enger.




This announcement contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements contained in this announcement, including assumptions, opinions and views of the Company or cited from third party sources are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. Neither the Company, nor any of their parent or subsidiary undertakings or any such person's officers or employees provides any assurance that the assumptions underlying such forward-looking statements are free from errors nor does any of them accept any responsibility for the future accuracy of the opinions expressed in this announcement or the actual occurrence of the forecasted developments. No obligation, except as required by law, is assumed to update any forward-looking statements or to conform these forward-looking statements to our actual results.

Pacific Drilling (PDSA) Extends Option to Construct Ultra-Deepwater Drillship

Company news

2012-02-02 00:15:36

Pacific Drilling (PDSA) Announces Ultra-Deepwater Drillship Pacific Scirocco Begins Contract in Nigeria

Company news

2012-02-02 00:09:47

Asker og Bærums Budstikke ASA (BUDS) inviterer til resultatpresentasjon

Company news

2012-02-01 10:59:16

Asker og Bærums Budstikke ASA (BUDS) inviterer til presentasjon av årsresultatet for 2011 onsdag 8. februar, kl. 16.30. Mer informasjon om møtet er lagt ut på selskapets investor relations-sider.

Cortendo AB (publ)_Mr. Alexander Lindström Joins as CFO

Company news

2012-02-01 07:06:33

Cortendo AB (publ)_Exercising options_30 Jan 2012

Company news

2012-01-30 07:47:41

Altona Mining Limited (ALTM)

Company news

2012-01-30 04:31:44

Latest Corporate Presentation. Please click on the link for more details.

Altona Mining Limited (ALTM)

Company news

2012-01-30 04:26:57

Quarterly Report - December 2011. Please click on the link for more details.

(Oslo, 24. januar, 2012) Aladdin Oil & Gas Company ASA - Signifikant produksjonsøkning- produksjon fra brønn 7VDE igangsatt

Company news

2012-01-24 12:27:37

Aladdin Oil & Gas Company ASA sitt datterselskap OOO Geotechnologia har satt i gang produksjon på den tredje gassbrønnen 7VDE som ble boret våren 2011. Gassen sendes nå i salgsledningen. Aladdin har nå 3 operasjonelle gassbrønner på gassfelt #1 og gass strømmer i salgsledningen fra alle 3 brønnene. Kombinert produksjonsrate er ca 100.000m3 per dag som forventes å øke ettersom produksjonsparametre optimaliseres.

Styreleder kommenterer:

" Dette er oppløftende nyheter. For første gang produserer Aladdin fra tre gassbrønner. Dette øker cashflow og produksjon signifikant. Aladdin's totale produksjon er nå omkring 800boepd"


Aladdin Oil & Gas Company ASA er et norskbasert E&P-selskap, med hovedkontor i Oslo, som er notert på OTC-listen til Norges Fondsmeglerforbund under tickerkoden AOGC. Selskapet eier det russiske oljeselskapet OOO Geotechnologia, som besitter fire lisenser i Timan Pechora-provinsen i nordvest-Russland, samt selskapet OOO Veselovskoye med tilsammen 5 lisenser i Orenburg-området.

(Oslo, January 24th, 2012) Aladdin Oil & Gas Company ASA - Significant production increase - Well 7VDE on stream

Company news

2012-01-24 12:26:16

Aladdin Oil & Gas Company ASA' daughter company OOO Geotechnologia has put the 3rd gass well, 7 VDE drilled during spring 2011, on stream. The gas is now being sent into the salesline. Aladdin has now 3 operational gaswells on gasfield #1 operation and gas is flowing into the sales line from all 3 wells. Combined production is slightly over 100.000 m3/day estimated to increase as production parameters are being tuned optimally.

The Chairman comments:

"This is encouraging news. For the first time Aladdin is producing from 3 gas wells. This significantly increases production and cashflow. Group total production is around 800 boepd"


Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds 4 licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

Altona Mining Limited (ALTM)

Company news

2012-01-24 02:05:33

Kylylahti Mine Update - First High Grade Ore. Please click on the link for more details.

Ocean Rig UDW Inc. (OCRG)

Company news

2012-01-23 15:00:51

Financial Calender 2012

Company news

2012-01-23 11:05:02

MARACC PRESENTS 3RD QUARTER 2011 REPORT

Company news

2012-01-20 10:42:22

Stavanger, 20th January 2012
Marine Accurate Well ASA - MARACC presents 3rd quater report 2011 on www.maracc.no

For further information, please contact:
Asle Solheim, CEO (+47) 99 32 84 65

NADL - North Atlantic Drilling secures extension of contract for West Navigator

Company news

2012-01-19 16:01:20

Hamilton, Bermuda, January 19, 2012 - North Atlantic Drilling has been awarded an 18 month contract extension for the drillship West Navigator by A/S Norske Shell. This contract extension will secure employment for West Navigator until end of June 2014. The estimated revenue value of the contract extension is US$320 million.

Alf C Thorkildsen, Chief Executive Officer in North Atlantic Management AS and the Chairman of North Atlantic Drilling Ltd. says, "Shell's decision to extend the contract for West Navigator reflects the performance of the drillship and the tightening market for quality drilling units in the North Atlantic area. We are very pleased to further enhance our relationship with Shell as a key client and increase the earnings visibility for our Company."

North Atlantic Drilling is a leading offshore harsh environment drilling company in which Seadrill holds a 77 percent ownership interest. The Company has a fleet of five harsh environment units in operation, one newbuild preparing for its first assignment and one newbuild under construction.

Analyst contact
Tore Byberg
VP Commercial Finance
North Atlantic Management AS
+47 51 30 95 42

Media contact
Esa Ikäheimonen
Chief Financial Officer
North Atlantic Management AS
+47 51 30 99 19

SUST: SU Soft AS – flyttes til B-listen

Company news

2012-01-19 09:57:14

Denne meldingen er publisert av Norges Fondsmeglerforbund. SU Soft AS har ikke overholdt informasjonsplikten som følger av avtalen om registrering på OTC-listen, og har nå sagt opp avtalen med FINFO. Selskapet blir dermed flyttet til B-listen med umiddelbar virkning.

VITI - informasjon om likningskurs per 31.12.2011

Company news

2012-01-18 10:52:29

Se vedlagte informasjon om likningskurs og skattemessig formuesverdi pr 31.12.2011.

NWSF: Norway Seafoods Group AS is registered on the NOTC-list as of 18 January 2012

Company news

2012-01-17 20:36:25

Norway Seafoods Group AS is registered on the NOTC-list as of 18 January 2012. Ticker: NWSF. ISIN: NO0010565781. The company has issued 84 598 291 shares. The par value is NOK 0,05910284877 pr. share. The company has entered into an agreement whereby it will be able to use the reporting system as from 18 January 2012.

Norway Seafoods is a producer and seller of seafood products.

Ny aksje: Norway Seafoods Group AS (NWSF)

Corporate actions

2012-01-17 20:28:21

Norway Seafoods Group AS (ISIN:NO0010565781, ticker NWSF) er lagt inn i handelsstøttesystemet

Pacific Drilling (PDSA) Provides Investor Presentation

Company news

2012-01-17 15:30:04

(Oslo, 16. Januar 2012) Aladdin Oil & Gas Company ASA - Vellykket overhaling av gass brønn 4VKD

Company news

2012-01-16 13:27:50

Etter den vellykkede overhalingen av gass brønn 5LK har selskapet som tidligere meddelt overhalt brønn 4VKD. Arbeidet er nå ferdigstilt med suksess. Brønnen er for tiden i "clean out" modus for å forbedre produksjons parametere og trykk.

Gass fra både brønn 5LK og 4VKD blir nå sent inn i salgsledningen. Samlet produksjon fra de 2 brønnene er om lag 50.000m3/dag.

Selskapet arbeider for tiden med å sende gass fra brønn 7VDE inn i salgsledningen for å øke produksjonen ytterligere.

Styreleder kommenterer:
" Jeg er tilfreds med at både brønn 4VKD og 5LK er tilbake i produksjon og genererer cash for selskapet. Dette er et lite steg i riktig retning og forhåpentligvis vil vi se produksjon også fra brønn 7VDE inn i salgsledningen snarlig for å øke produksjon og cashflow ytterligere."


Aladdin Oil & Gas Company ASA er et norskbasert E&P-selskap, med hovedkontor i Oslo, som er notert på OTC-listen til Norges Fondsmeglerforbund under tickerkoden AOGC. Selskapet eier det russiske oljeselskapet OOO Geotechnologia, som besitter fire lisenser i Timan Pechora-provinsen i nordvest-Russland, samt selskapet OOO Veselovskoye med tilsammen 5 lisenser i Orenburg-området.

(Oslo, January 16th, 2012) Aladdin Oil & Gas Company ASA - Gas well 4VKD successfully reactivated

Company news

2012-01-16 13:27:23

After the successful reactivating of well 5LK the Company has as earlier announced been working over well 4VKD. The work over is now completed successfully. The well is presently cleaning out to improve the production parameters and improve pressure.

Gas from both well 5LK and 4VKD is now being sent into the salesline. Combined production from the 2 wells is around 50.000m3/day.

The Company is currently working on sending gas from well 7VDE into the salesline to enhance production.

Statement from the Chairman:
"I am pleased that both well 4VKD and 5LK are back producing again and generating cash for the Company. This is a small step in the right direction and hopefully we will se production from well 7VDE into the salesline shortly as well to increase the production and cashflow further"


Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds 4 licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

Amendment to Bond Terms and Company Update

Company news

2012-01-13 15:40:35

Amendment to Bond Terms and Company Update

Pacific Drilling (PDSA) Provides Update on Share Migrations from the Norwegian OTC List to the New York Stock Exchange

Company news

2012-01-12 15:14:01

WIND - MELDEPLIKTIG HANDEL

Company news

2012-01-06 12:21:32

Chr. Bjelland & Co. AS har kjøpt 2.161.311 aksjer i Winder AS til kurs kr 1,05 pr. aksje og har etter dette en eierandel på 95,0% i selskapet.

Agrinos' HYT A product receives approval in China

Company news

2012-01-04 13:43:38

* Agrinos has received approval from the Chinese Ministry of Agriculture for a nationwide product license for its microbial HYT(tm) A product.

* "The registration of our HYT(tm) A product provides substantial support for our 2012 sales and marketing activity in China" says CEO Tom Einar Rysst-Jensen.


Agrinos announces today that it has received from the Ministry of Agriculture of the People's Republic of China a formal nationwide product license for its microbial HYT(tm) A product. The product license shall enable Agrinos to sell its products in all provinces in China through its local joint venture company during 2012.

HYT(tm) A is a liquid concentrate containing naturally occurring soil-based microbes that restores and enhances the fertility of agricultural soils, improves the uptake of nutrients, and increases the efficiency of mineral fertilizer. The ultimate effects of these benefits are increased crop health, increased yields and improved farmer sustainability, third party testing has demonstrated.

"This product registration supports the underlying momentum of technology adoption with key clients in strategic regions across China. As an example, following the HYT(tm) A approval, contracts have already been signed with an influential Chinese organic farming group and a government related company for HYT deliveries. With the HYT(tm) A license in place, this product becomes eligible in governmental purchase programs. Even though we still have moderate expectations for sales and revenue in China in 2012, the registration is a significant step forward for Agrinos in China", says Tom Einar Rysst-Jensen, CEO of Agrinos.

During 2011, Agrinos' joint venture company in China, Beijing Agrinos Biotech Co Ltd, has conducted trials and testing in 18 different regions and important agricultural provinces. In parallel and based on a previously achieved HYT(tm) B product license, sales and marketing efforts have been directed towards both the retail segment, as well as governmental and large institutional parties. Moving towards 2012, activities are increasingly focused towards key opinion leaders with large commercial potential. Agrinos will be able to sell HYT(tm) A and HYT(tm) B products to these potential customers and others across the nation when Beijing Agrinos Biotech Co Ltd receives an approval to operate within the fertilizer industry, expected to be received within the first half of 2012. Until such approval is granted, HYT(tm) products will be marketed and sold in China through Agrinos' joint venture partner Beijing Sinagri Co Ltd, and the sales will be reported in Agrinos' accounts on a pro forma basis.

Agrinos plans to release a company update early in the first quarter of 2012. Further information about Agrinos Chinese business operations will be provided then.

For further information about Agrinos' HYT A product and related products, please visit the company's website www.agrinos.com.


Investor contact:
Tom Einar Rysst-Jensen
Chief Executive Officer
+47 977 94 958
tom.rysst-jensen@agrinos.com

Hellek Braathen:
Chief Financial Officer
+47 450 46 037
Hellek.braathen@agrinos.com

Media contact:
Harald Bjørland
Advisor
+47 908 58 221
harald.bjoerland@agrinos.com


About Agrinos:
Agrinos is a green technology company committed to improving the productivity and decreasing the environmental impact of modern agriculture. Agrinos' line of High Yield Technology(tm) ("HYT(tm)") products help farmers to practice profitable, high yield sustainable agriculture by providing increased crop productivity, improved efficiency of conventional fertilizer use and decreased environmental footprint. Certified organic and based on Agrinos' proprietary technology, the HYT(tm) products provide these benefits by strengthening the soil-based microbial ecosystem, stimulating crop development at key points in the growth cycle and boosting natural plant resistance to pathogens and threats. With solutions for a variety of crop categories, the technology comprising the HYT products have demonstrated its value in more than 1,500 trials in key agricultural regions worldwide.

Founded in 2009, Oslo-headquartered Agrinos has grown to include offices and operations in the UK, USA, Mexico, Malaysia, Colombia, Indonesia, Brazil and the People's Republic of China. Agrinos enjoys financial backing from a number of leading international investors and a strong management team lead by its Chairman, Dr. Thorleif Enger.


This announcement contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements contained in this announcement, including assumptions, opinions and views of the Company or cited from third party sources are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. Neither the Company, nor any of their parent or subsidiary undertakings or any such person's officers or employees provides any assurance that the assumptions underlying such forward-looking statements are free from errors nor does any of them accept any responsibility for the future accuracy of the opinions expressed in this announcement or the actual occurrence of the forecasted developments. No obligation, except as required by law, is assumed to update any forward-looking statements or to conform these forward-looking statements to our actual results.

Endring av aksje: Norsk Marin Fisk AS (NMFI)

Corporate actions

2012-01-03 14:44:04

Det er foretatt endringer i Norsk Marin Fisk AS (ISIN:NO0010305733, ticker NMFI). Aksjebeholdningen er øket fra 9 963 178 til 11 303 188. Emisjonsverdien er øket fra 19 926 356 til 33 909 564.

SFL - Closing of charter amendments with Frontline Ltd.

Company news

2012-01-03 10:30:03

Press release from Ship Finance International Limited, January 3, 2012

Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or the "Company"),
today announced that it has successfully completed the previously announced
amendments to the chartering agreements with Frontline Ltd. ("Frontline").

Ship Finance has agreed to temporarily reduce the charter rates by $6,500 per
day per vessel from 2012 through 2015, and thereafter revert to previous charter
rate levels.

Frontline has paid a cash compensation of $106 million to Ship Finance. In
addition there will be a cash sweep feature, whereby Ship Finance will receive
100% of vessel earning up to the old base rates. The old profit share
arrangement has been improved from 20% to 25%, and will be calculated from the
old threshold levels. Of the $106 million upfront payment, $50 million is a non-
refundable, early payment of profit split for revenues above the old threshold
levels. The cash sweep and the profit split will be payable on an annual basis,
as before.

Following the agreement with Frontline, Ship Finance has prepaid $156 million of
related bank financing, of which $106 million represents the cash compensation
from Frontline. Consequently, the bank financing relating to the vessels has
been reduced from approximately $740 million to approximately $584 million at
year-end 2011.The net effect of this significant debt reduction is considerably
lower debt service payments for Ship Finance going forward, and for 2012 alone
we estimate debt service to be reduced by approximately $40 million. If
Frontline generates market revenues in line with the previous base rates, the
cash sweep payments alone may give a positive net effect of approximately $0.20
per share per quarter, or double the previous net contribution from Frontline.


January 3, 2011

The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda



 Questions should be directed to:
Investor and Analyst Contacts:
Eirik Eide, Chief Financial Officer, Ship Finance Management AS
+47 23114006 / +47 95008921

Magnus T. Valeberg, Vice President, Ship Finance Management AS
+47 23114012 / +47 93440960


Media Contact:
Ole B. Hjertaker, Chief Executive Officer, Ship Finance Management AS
+47 23114011 / +47 90141243


About Ship Finance

Ship Finance is a major ship owning company listed on the New York Stock
Exchange (NYSE: SFL). Including newbuildings, the Company has a fleet of 69
vessels, including 25 crude oil tankers (VLCC and Suezmax), two chemical
tankers, five oil/bulk/ore vessels, 11 drybulk carriers including six
newbuildings, 15 container vessels including four newbuildings, six offshore
supply vessels, one jack-up drilling rig, one ultra-deepwater drillship and two
ultra-deepwater semi-submersible drilling rigs. The fleet is one of the largest
in the world and most of the vessels are employed on long-term charters.

More information can be found on the Company's website: www.shipfinance.org



Cautionary Statement Regarding Forward Looking Statements

This press release may contain forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends. Although Ship Finance believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, Ship Finance cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions.

Important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in this presentation include the strength
of world economies and currencies, general market conditions including
fluctuations in charter hire rates and vessel values, changes in demand in the
tanker market as a result of changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, changes in the Company's operating
expenses including bunker prices, dry-docking and insurance costs, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the United States
Securities and Exchange Commission.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1574723]

Altona Mining Limited (ALTM)

Company news

2012-01-03 06:50:20

Appendix 3B. Please click on the attached for more details.

Altona Mining Limited (ALTM)

Company news

2012-01-03 02:16:36

Appendix 3B. Please click on the link for more details.

(Oslo, 2. januar 2012) Aladdin Oil & Gas Company ASA - Tildelt selskapets andre 20 års produksjonslisens i Ukhta

Company news

2012-01-02 13:00:53

Aladdin Oil & Gas Company ASA sitt datterselskap OOO Geotechnologia har blitt tildelt en 20 års produksjonslisens for gas felt #2 på MS lisensen. Feltet ble oppdaget våren 2009 ved boring av brønn 6VKD. Feltet er lokalisert ca 20km sør for gasfelt #1.

Styreformannen kommenterer:
"Tildelingen av denne 20 års produksjonslisensen for det andre området på MS lisensen i Ukhta er et viktig steg i utviklingen av selskapet og redusere risiko ved å konvertere lete-lisenser til 20 års produksjonslisenser. Prosessen viser selskapet innehar den nødvendige kunnskap til å gå hele veien fra lete til utviklingsfase."



Aladdin Oil & Gas Company ASA er et norskbasert E&P-selskap, med hovedkontor i Oslo, som er notert på OTC-listen til Norges Fondsmeglerforbund under tickerkoden AOGC. Selskapet eier det russiske oljeselskapet OOO Geotechnologia, som besitter fire lisenser i Timan Pechora-provinsen i nordvest-Russland, samt selskapet OOO Veselovskoye med tilsammen 5 lisenser i Orenburg-området.

(Oslo, January 2nd, 2012) Aladdin Oil & Gas Company ASA - Granted 2nd 20 years production license in Ukhta

Company news

2012-01-02 13:00:20

Aladdin Oil & Gas Company ASA' daughter company OOO Geotechnologia has been granted a 20 years production license for gas field #2 on MS license. The field was discovered in 2009 by drilling of the well 6VKD in spring 2009. The field is located around 20km south of gas field #1.

The Chairman comments:
"To be granted this 20 years production license for the second area of the MS block in Ukhta is an important step in developing the Company and reducing risk by converting exploration licenses to 20 years production licenses. This process proves the Company has the skills to go all the way from exploration to development phase."


Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds 4 licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

FRNT - Frontline 2012 Ltd. completes acquisition from Frontline and closes the private placement

Company news

2012-01-02 08:50:51

On December 16, 2011, Frontline 2012 Ltd. ("Frontline 2012") completed a private placement of 100,000,000 new ordinary shares of $2.00 par value at a subscription price of $2.85, raising $285 million in gross proceeds (the "Private Placement"). The Private Placement was subject to certain closing conditions, which have been fulfilled and Frontline 2012 was registered on the NOTC list in Oslo December 30, 2011.
The proceeds from the Private Placement have been used to acquire five VLCC newbuilding contracts, six modern VLCCs including of one time charter agreement and four modern Suezmax tankers, , from Frontline Ltd. at fair market value of $1,121 million. In addition, Frontline 2012 has assumed $666 million in bank debt attached to the vessels and newbuilding contracts and $325.5 million in remaining newbuilding commitments. Further Frontline 2012 will pay for working capital related to the assets acquired. The remaining proceeds have been used to prepay debt and capitalize Frontline 2012.
Frontline 2012 has prepaid bank debt with installments for 2012 in exchange for a one year repayment exemption in 2013. Following this the estimated daily cash cost break even rates for VLCCs and Suezmax tankers in 2012 are approximately $15,600 and $13,700, respectively. Frontline 2012 will subsequent to the completion of the transaction have approximately $81 million in free cash.
Frontline 2012 will be managed by Frontline Management (Bermuda) Ltd., a wholly owned subsidiary of Frontline Ltd., pursuant to the terms of a management agreement. Frontline 2012 aims to establish its own management subsidiary over time.

January 1, 2012
The Board of Directors
Frontline 2012 Ltd.
Hamilton, Bermuda

Questions should be directed to:
Jens Martin Jensen: Chief Executive Officer, Frontline Management AS
+47 23 11 40 00
Inger M. Klemp:
Chief Financial Officer, Frontline Management AS
+47 23 11 40 00

Forward Looking Statements
This press release contains forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including the Company's management's examination of historical operating trends. Although the Company believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond its control, the Company cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions.
Important factors that, in the Company's view, could cause actual results to differ materially from those discussed in this press release include the strength of world economies and currencies, general market conditions including fluctuations in charter hire rates and vessel values, changes in demand in the tanker market as a result of changes in OPEC's petroleum production levels and world wide oil consumption and storage, changes in the Company's operating expenses including bunker prices, drydocking and insurance costs, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, and other important factors described from time to time in the reports filed by the Company with the Norwegian over-the-counter market in Oslo.

Endring av aksje: Agrinos AS (AGRI)

Corporate actions

2011-12-29 18:03:43

Det er foretatt endringer i Agrinos AS (ISIN:NO0010592934, ticker AGRI). Aksjebeholdningen er øket fra 37 034 833 til 37 274 833. Emisjonsverdien er redusert fra 1 481 393 320 til 931 870 825.

FRNT: Frontline 2012 Ltd. is registered on the NOTC-list

Company news

2011-12-29 17:02:29

Frontline 2012 Ltd. is registered on the NOTC-list as of 30 December 2011. Ticker: FRNT. ISIN: US35922M1027. The company has issued 100 000 000 shares. The issue value of the company is NOK 1 719 000 000 based on the last issue 29 December 2011 at USD 2.85 (NOK 17.19). The par value is USD 2.00 pr. share. The company has entered into an agreement whereby it will be able to use the reporting system as from 30 December 2011.

Frontline 2012 Ltd. is a newly established company with five VLCC newbuilding contracts, six modern VLCCs and four modern Suezmax tankers acquired from Frontline Ltd.

Ny aksje: Frontline 2012 Limited (FRNT)

Corporate actions

2011-12-29 16:52:42

Frontline 2012 Limited (ISIN:US35922M1027, ticker FRNT) er lagt inn i handelsstøttesystemet

NADL - Seadrill acquires shares in North Atlantic Drilling

Company news

2011-12-29 08:36:49

Hamilton, Bermuda, December 29, 2011 - Seadrill Limited has purchased 15,872,221 shares in North Atlantic Drilling Ltd. at an average price of NOK9.20 per share. After the purchase, Seadrill's holding of shares in North Atlantic Drilling totals 766,588,618.

BassDrill Ltd (BDRL) - Refinancing of BassDrill Alpha Ltd debt completed

Company news

2011-12-28 09:35:12

BassDrill Alpha Ltd (controlled 25.26% by BassDrill Ltd) successfully completed the refinancing of the USD 55 million bond on 21 December 2011 with a USD 55 million senior loan provided by two international commercial banks and a USD 10 million subordinated loan provided by the BassDrill Alpha shareholders on a pro rata basis.

The senior loan has a 2 year term and a floating interest rate. A hedging agreement has subsequently been entered into to fix the interest rate for the term of the loan period.

AGRI - Share capital increase in Agrinos AS

Company news

2011-12-27 13:30:34

Related to Agrinos' acquisition of distribution networks in Mexico and Colombia in January and February 2011, the company entered into asset purchase agreements were seller loans to Agrinos constituted parts of the settlements. It was agreed that the NOK 6.0 million seller loans were to be converted into Agrinos shares at a later stage, on predefined terms.

To effectuate the conversion of these loans into shares in Agrinos, an extraordinary shareholders' meeting on 11 November 2011 granted the Board of Directors an authorization to increase the company's share capital with up to NOK 2,400 by issuing up to 240,000 new shares each with a par value of NOK 0.01.

In accordance with the authorization, the Board of Directors has now resolved a capital increase were the share capital has been increased with NOK 2,400 from NOK 370,348.33 to NOK 372,784.33 through the issue of 240,000 new shares each with a nominal value of NOK 0.01. The subscription price was NOK 25 per share, in total NOK 6.0 million, equal to the debt converted into equity.

By this, Agrinos completes all outstanding requirements relating to the acquisition of distribution networks in Mexico and Colombia in 2011.


For further information, please contact:
Tom Einar Rysst-Jensen, CEO Agrinos
Cellular: +47 977 94 958
E-mail: tom.rysst-jensen@agrinos.com


About Agrinos
Agrinos is a green technology company committed to improving the productivity and decreasing the environmental impact of modern agriculture. Agrinos' line of High Yield Technology(tm) ("HYT(tm)") products help farmers to practice profitable, high yield sustainable agriculture by providing increased crop productivity, improved efficiency of conventional fertilizer use and decreased environmental footprint. Certified organic and based on Agrinos' proprietary technology, the HYT(tm) products provide these benefits by strengthening the soil-based microbial ecosystem, stimulating crop development at key points in the growth cycle and boosting natural plant resistance to pathogens and threats. With specific solutions for a variety of crop categories, the technology comprising the HYT products have demonstrated its value in more than 1500 trials in key agricultural regions worldwide.
Founded in 2009, Oslo-headquartered Agrinos has grown to include offices and operations in the USA, Mexico, Malaysia, Colombia, Indonesia, Brazil and the People's Republic of China. Agrinos enjoys financial backing from a number of leading international investors and a strong management team lead by its Chairman, Dr. Thorleif Enger.

BassDrill Ltd (BDRL) - CNR International Letter of Award

Company news

2011-12-27 08:51:39

December 19, 2011 BassDrill Alpha Ltd (BassDrill Ltd ownership is 25.26%) received a Letter of Award from CNR International (Cote d'Ivoire) SARL for the provision of the BassDrill Alpha for use on the Espoir Phase III drilling program in Cote d'Ivoire. The primary term of the contract is for 8 wells plus options and the commencement of this contract will occur immediately following the BassDrill Alpha's current commitment with Total Congo.

Guard Systems ASA - Selskapsinformasjon (GUSY)

Company news

2011-12-23 11:21:06

AS Atlantis Vest har kjøpt 593 078 aksjer i Guard Systems ASA (GUSY).

Med vennlig hilsen
Guard Systems ASA

Playsafe Holding inngår viktig salgsavtale

Company news

2011-12-23 01:27:47

Sandefjord, Norway 22. Desember 2011:
Ecom Enterprise NV, et heleiet datterselskap av Playsafe Holding AS og eier av pokernettverket Action Poker Network, har signert avtale med Julian International Holdings Ltd om salg av online poker nettstedene Tigergaming, PokerinCanada, Paynorake.com, samt spillerne på ActionPoker.com og prosesseringsselskapet ActionCommerce Ltd.

Avtalen innebærer salg av nettstedene som idag utgjør hoveddelen av volumet på Action Poker Network. ECOM beholder rettighetene til navnet "Action Poker Network" og domenet Actionpoker.com.

Salget er initiert av styret etter en lang diskusjon om videre strategi for selskapet. Avtalesummen er konfidensiell, men innebærer en betydelig realisering av verdier for selskapet. Første del av kjøpesummen er betalt til selskapet og løpende innbetalinger fra salget vil tilfalle selskapet over de neste 3 år.

Ecom Enterprise NV og dets datterselskap vil i fremtiden rendyrke virksomheten som softwareleverandør innenfor online poker segmentet, samt tilhørende business-to-business applikasjoner, herunder satsningen på poker-terminal, m.v. Selskapet vil også satse sammen med dedikerte lokale partnere i de nye markedene som åpner for lisensiert, nasjonal/regional drift av pokernettverk. Selskapet arbeider for tiden med spennende prosjekter innenfor dette segmentet.
"Jeg er veldig glad for denne avtalen. Etter flere år med store utfordringer har vi funnet en kjøper av online virksomheten. Dermed åpnes dørene for selskapet i andre og veldig spennende segment i markedet samtidig som vi fortsetter satsingen på våre egne online terminaler", uttaler Atle Bie Johansen, daglig leder i selskapet.

For ytterligere informasjon: Kontakt Atle Bie-Johansen (CEO), tel. (+47) 33483300.
Denne meldingen er publisert elektronisk på Norges Fndsmeglerforbund sine hjemmesider, www.nfmf.no/NOTC/Default.htm

Halvårsrapport, 1. halvår 2011

Company news

2011-12-23 01:24:23

Oppsummering av første halvår
Omsetningen i 1. kvartal ble $2,24m ($2,54m) og i 2. kvartal $2,09m ($2,3m). Totalt for halvåret er omsetningen $4,33m ($4,84), en reduksjon på 10,5% sammenlignet med samme periode i 2010. Selskapet leverte et EBITDA for halvåret på USD 127,000 (USD 233,000) som er en reduksjon på 45% sammenlignet med samme periode i fjor. Reduksjonen i EBITDA skyldes i stor grad fortsatt høy satsning på produktutvikling innenfor online poker segmentet. I slutten av andre kvartal signerte selskapet en samarbeidsavtale en betydelig aktør i bransjen som i løpet av 3. kvartal har tilført nettverket likviditet og derigjennom noe større aktivtet.

Nøkkeltall for Q1 og Q2
* Omsetningen Q1: $2,24m - Q2: $2,09m (ned fra hhv. $2,54m og $2,3m i fjor)
* EBITDA Q1: $0,13m - Q2: $0,01m (ned fra $0,27m i Q1/10 og opp fra $-0,04m i Q2/10).
* Stabil likviditet og spillerutvikling på Action Poker nettverket.
* COGS ble redusert som følge av lavere aktivitet, og endte på $1,7m for Q1 og $1,5m for Q2..

Viktige hendelser etter halvårets slutt
* Datterselskapet ECOM Enterprise NV har besluttet å avhende driften av pokernettverket og satse på teknologiutvikling, lisensiering og drift av onlineterminaler.

Bransjen generelt
Det har i lengre tid vært kjent at noen selskaper med vilje har brutt den Amerikanske loven som ble vedtatt i 2006, den såkalte UIGEA. Disse selskapene har således trukket til seg mye kunder og nytt godt av høy vekst i både omsetning og resultat, til ulempe for de selskapene som ikke tok spill fra USA. Bransjen ble praktisk talt snudd på hodet 15. april 2011 da US Department of Justice tok ut tiltale mot eierne og nøkkelpersoner i selskapene Fulltilt-, Absolute/UB- og Pokerstars.com, samt beslagla domener og formue. Totalt 11 personer ble siktet for diverse lovbrudd i USA. og eiendeler for flere millioner dollar ble frosset. Absolute/UB og Fulltilt ble stengt helt ned mens Pokerstars har klart å holde liv i sin internasjonale virksomhet.
Pokermarkedet har som en konsekvens av dette mistet over 30% av spillerene, men det er fortsatt Pokerstars.com som dominerer pokermarkedet med en markedsandel på 44%.

Ledelsens oppsummering
Selskapets vekst stoppet i første halvår opp og vi så en tilbakegang på viktige nøkkeltall. Selskapets likviditet har vært stram, mye på grunn av etablering av salgsavdelingen i Østerrike. Dette har igjen har ført til færre markedskampanjer m.m. for den onlinebaserte virksomheten. Selskapets satsning på ferdigstillelse av den nye plattformen har også påvirket resultatet negativt. Ledelsen mener likevel at dette har vært en riktig strategi med tanke på selskapets fremtid. Veksten vi opplever i Q3 tyder på at dette har vært riktig.

Mandatory notification of trade

Company news

2011-12-22 15:38:27

Bente A. Landsnes, President and CEO of Oslo Børs VPS ASA, has 22 December 2011 bought 2,000 shares in Oslo Børs VPS Holding ASA at the price of NOK 60 per share.

After the transaction, Landsnes holds 16.201 shares in the company

Meldepliktig handel

Company news

2011-12-22 15:37:45

Bente A. Landsnes, konsernsjef i Oslo Børs VPS Holding ASA, har 22. desember 2011 kjøpt 2.000 aksjer i Oslo Børs VPS Holding ASA til NOK 60 per aksje.

Ny beholdning er 16.201 aksjer

Endring av aksje: Scancode AS (SCOD)

Corporate actions

2011-12-22 13:13:39

Det er foretatt endringer i Scancode AS (ISIN:NO0010014731, ticker SCOD). Aksjebeholdningen er øket fra 74 552 450 til 172 419 117. Emisjonsverdien er redusert fra 11 061 548 til 5 172 574.

SCOD: Scancode AS - Kapitalforhøyelse

Company news

2011-12-22 13:09:34

Scancode AS har gjennomført kapitalforhøyelse bestående av ny innskutt kapital og konvertering av gjeld. Antallet nye aksjer øker med 97 866 667 tilsammen 172 419 117 til kurs NOK 0,03

NADL - North Atlantic Drilling secures extension of contract for West Alpha

Company news

2011-12-22 11:10:04

Hamilton, Bermuda, December 22, 2011 - North Atlantic Drilling Ltd., in which
Seadrill has a 75 percent ownership, has received a notification regarding
exercise of an option for two additional wells estimated to 90 days each in the
contract for the semi-submersible drilling rig West Alpha at the Balder field on
the Norwegian Continental Shelf.

Due to the exercise of the option, the estimated firm period of the now five-
well contract is 480 days and the estimated contract value is increased by US$85
million to US$227 million. Commencement of the assignment is scheduled for the
third quarter of 2012, in direct continuation of the present contract, and will
keep the rig employed up to the end of 2013. The contract still has provisions
at the operator's sole discretion for extension of up to one additional well.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: North Atlantic Drilling Limited via Thomson Reuters ONE

[HUG#1573383]

HITI - statusrapport pr des 2011

Company news

2011-12-22 11:08:25

I forbindelse med at 2011 går mot slutten ønsker Hitec Industries som en informasjon til aksjonærer og marked å legge frem vedlagte statusrapport for selskapets virksomhet.

Meldepliktig handel

Company news

2011-12-22 10:06:04

Christian F. Falkenberg Kjøde, ansatterepresentant og styremedlem i Oslo Børs ASA, har 22. desember 2011 kjøpt 300 aksjer i Oslo Børs VPS Holding ASA til kurs NOK 60 per aksje.

Ny beholdning er 2501 aksjer.

Mandatory notification of trade

Company news

2011-12-22 10:04:46

Christian F. Falkenberg Kjøde, employee representative and board member of Oslo Børs ASA, has on 22 December 2011 bought 300 shares in Oslo Børs VPS Holding ASA at the price of NOK 60 per share.

After the transaction, Kjøde holds 2,501 shares in the company.

Endring av aksje: Remora AS (REMO)

Corporate actions

2011-12-22 09:23:35

Det er foretatt endringer i Remora AS (ISIN:NO0010298359, ticker REMO). Aksjebeholdningen er øket fra 82 401 215 til 87 401 215. Emisjonsverdien er øket fra 436 810 938 til 611 808 505.

Petrobras Contract

Company news

2011-12-22 01:04:13

Endring av aksje: Rosenlund ASA (ROSE)

Corporate actions

2011-12-21 13:12:04

Det er foretatt endringer i Rosenlund ASA (ISIN:NO0010195654, ticker ROSE). Aksjebeholdningen er øket fra 3 486 967 til 3 642 715. Emisjonsverdien er redusert fra 87 174 175 til 25 499 005.

NADL - Financial Calendar 2012

Company news

2011-12-21 08:50:03

Hamilton, Bermuda, December 21, 2011 - North Atlantic Drilling Ltd. plans to
release its financial statements on the following dates in 2012:


February 29, 2012 - Preliminary fourth quarter and financial year 2011 results

May 31, 2012 - First quarter 2012 results

August 31, 2012 - Second quarter 2012 results

November 30, 2012 - Third quarter 2012 results


Please be advised that the dates are subject to change.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: North Atlantic Drilling Limited via Thomson Reuters ONE

[HUG#1573039]

Pacific Drilling (PDSA) Receives Delivery of its Ultra-Deepwater Drillship the Pacific Santa Ana

Company news

2011-12-20 16:29:16

(Oslo, December 20th, 2011) Aladdin Oil & Gas Company ASA - Extension of MS exploration license granted. Corrected message

Company news

2011-12-20 14:16:46

Aladdin Oil & Gas Company ASA's daughter company OOO Geotechnologia has been granted an extension of the MS exploration license until 31.12.2013.

This extension allows the company to further explore and develop the license in the coming years.

The Chairman comments:
"I am very pleased this important license has been extended. The license has proven its prospectivity and has further upside potential. The license is also key component in further development of the Ukhta gas business."


Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds three licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

(Oslo, 20 desember 2011) Aladdin Oil & Gas Company ASA - MS letelisens forlenget

Company news

2011-12-20 14:07:54

Aladdin Oil & Gas Company ASA sitt datterselskap OOO Geotechnologia har fått forlenget sin MS letelisens inntil 31.12.2013.

Forlengelsen gjør at selskapet kan videreutvikle lisensen videre i kommende år.

Styreleder kommenterer:
"Jeg er tilfreds med at denne viktige lisensen er blitt forlenget. Lisensen har vist at den er prospektiv og har ytterligere potensial. Denne lisensen er også viktig i utviklingen av selskapets gass operasjoner i Ukhta."


Aladdin Oil & Gas Company ASA er et norskbasert E&P-selskap, med hovedkontor i Oslo, som er notert på OTC-listen til Norges Fondsmeglerforbund under tickerkoden AOGC. Selskapet eier det russiske oljeselskapet OOO Geotechnologia, som besitter tre oljelisenser i Timan Pechora-provinsen i nordvest-Russland, samt selskapet OOO Veselovskoye med tilsammen 5 oljelisenser i Orenburg-området.

(Oslo, December 20th, 2011) Aladdin Oil & Gas Company ASA - Extension of MS exploration license granted

Company news

2011-12-20 14:07:21

Aladdin Oil & Gas Company ASA's daughter company OOO Geotechnologia has been granted an extension of the MS exploration license until 31.12.2013.

This extension allows the company to further explore and develop the license in the coming years.



Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds three licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

ETMAN, Q3-2011

Company news

2011-12-20 11:28:47

NBNP - Protokoll fra ekstraordinær generalforsamling

Company news

2011-12-19 18:30:45

Vedlagt følger protokoll fra ekstraordinær generalforsamling i North Bridge Nordic Property AS, avholdt 19. desember 2011 i selskapets lokaler i Karenslyst allé 4 i Oslo.

Det er fattet vedtak om å utvide styret med ett medlem, samt å tilbakebetale NOK 24,00 pr. aksje til aksjonærene.

North Bridge Nordic Property AS

Jørn H. Hynne
Adm. dir.

Endring av aksje: Unified Messaging Systems AS (UMES)

Corporate actions

2011-12-19 13:11:56

Det er foretatt endringer i Unified Messaging Systems AS (ISIN:NO0010044225, ticker UMES). Aksjebeholdningen er øket fra 58 325 499 til 58 575 499.

IntelliSearch gir bort en bedre hverdag til jul!

Company news

2011-12-19 12:06:44

(Oslo, 19. desember 2011) Aladdin Oil & Gas Company ASA - vellykket overhaling av gassbrønn 5LK

Company news

2011-12-19 09:53:11

Som tidligere meddelt har selskapet overhalet brønn 5LK for å restarte produksjonen fra brønnen. Overhalingen er nå gjennomført med suksess og brønnen tester 20-25000m3 gass per dag. Brønnen produserer nå kontinuerlig for å forbedre produksjons parametre samt bygge opp tilstrekkelig trykk for å starte å sende gass inn i salgsledningen. På grunn av forskjellig trykk i brønn 5LK og 7VDE justeres rater slik at man kan sende gass fra begge brønner inn i salgsledingen samtidig.

Overhaling av brønn 4VKD har nå startet og er forventet gjennomført i løpet av januar. Resultatet av denne overhalingen vil bli offentliggjort så snart resultat foreligger.


Aladdin Oil & Gas Company ASA er et norskbasert E&P-selskap, med hovedkontor i Oslo, som er notert på OTC-listen til Norges Fondsmeglerforbund under tickerkoden AOGC. Selskapet eier det russiske oljeselskapet OOO Geotechnologia, som besitter tre oljelisenser i Timan Pechora-provinsen i nordvest-Russland, samt selskapet OOO Veselovskoye med tilsammen 5 oljelisenser i Orenburg-området.

(Oslo, December 19th, 2011) Aladdin Oil & Gas Company ASA - Gas well 5LK successfully reactivated

Company news

2011-12-19 09:52:04

As previously announced the Company has been working over well 5LK in order to restart gas production. The work over is now completed successfully and the well tested 20.000-25.000 m3 of gas per day. The well is presently cleaning out to improve the production parameters and build up necessary pressure to start producing gas into the sales line. Due to the different pressures at wells 5-LK and 7-VDE the flow rates are being adjusted to ensure simultaneous gas deliveries from the both wells into the sales line.

A work over has now started on well 4VKD which is planned to be completed during January. The result of this work will be announced at the earliest opportunity.


Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds three licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

Altona Mining Limited (ALTM)

Company news

2011-12-19 00:17:18

Little Eva Turns One Hundred. Please click on the link for more details.

Fjerning av aksje: AS Østlandets Blad (OBLA)

Corporate actions

2011-12-16 11:58:03

AS Østlandets Blad (ISIN:NO0005903807, ticker OBLA) er fjernet fra handelsstøttesystemet

Fjerning av aksje: Jussystemer AS (JUSS)

Corporate actions

2011-12-16 11:57:46

Jussystemer AS (ISIN:NO0003058307, ticker JUSS) er fjernet fra handelsstøttesystemet

Fjerning av aksje: Eshop Holding AS (ESHO)

Corporate actions

2011-12-16 11:56:54

Eshop Holding AS (ISIN:NO0003073009, ticker ESHO) er fjernet fra handelsstøttesystemet

Fjerning av aksje: Bestshop AS (DVDS)

Corporate actions

2011-12-16 11:56:34

Bestshop AS (ISIN:NO0010097413, ticker DVDS) er fjernet fra handelsstøttesystemet

Endring av aksje: North Bridge Nordic Property AS (NBNP)

Corporate actions

2011-12-16 10:46:16

Det er foretatt endringer i North Bridge Nordic Property AS (ISIN:NO0010334154, ticker NBNP). Aksjebeholdningen er øket fra 327 950 til 3 271 416.

NHST Media Group / Nautisk Forlag, Oslo kjøper McCurnin Nautical, New Orleans

Company news

2011-12-16 10:23:00

Nautisk Forlag har kjøpt 100 % av aksjene i McCurnin Nautical i New Orleans. Oppkjøpet vil bli gjort regnskapsvirkende fra 01.01.12, og ventes på årsbasis å øke Nautisks omsetning med i underkant av MNOK 20. Oppkjøpet er gjort for å styrke Nautisk Forlags globale fysiske kartdistribusjon og for å styrke Nautisks digitale flåtetilbud.

Se vedlagte pressemelding.

Ocean Rig UDW Inc. (OCRG)

Company news

2011-12-15 15:00:54

Endring av aksje: Winder AS (WIND)

Corporate actions

2011-12-14 11:56:41

Det er foretatt endringer i Winder AS (ISIN:NO0010112733, ticker WIND). Emisjonsverdien er øket fra 4 948 045 til 29 688 269.

NBNP - Innkalling til ekstraordinær generalforsamling

Company news

2011-12-13 15:03:47

Vedlagt følger innkalling til ekstraordinær generalforsamling i North Bridge Nordic Property AS (NBNP) mandag 19.12.2011 hvor følgende skal behandles:

1. Forslag om utvidelse av styret med ett medlem

2. Forslag om tilbakebetaling av innbetalt kapital til aksjonærene
Det foreslås en ekstraordinær tilbakebetaling av kapital på NOK 24,00 pr. aksje til aksjonærene.


Statusrapport for 3. kvartal 2011 er også vedlagt.

Kontaktperson: Adm. dir. Jørn H. Hynne, tlf. 22 54 03 85.

North Bridge Nordic Property AS

Jørn H. Hynne
Adm. dir.

Endring av aksje: Winder AS (WIND)

Corporate actions

2011-12-12 14:42:52

Det er foretatt endringer i Winder AS (ISIN:NO0010112733, ticker WIND). Aksjebeholdningen er redusert fra 50 384 381 til 49 480 449. Emisjonsverdien er redusert fra 30 230 629 til 4 984 045.

Endring av aksje: HitecVision AS (HITV)

Corporate actions

2011-12-12 14:34:12

Det er foretatt endringer i HitecVision AS (ISIN:NO0010272503, ticker HITV). Aksjebeholdningen er redusert fra 19 514 838 til 18 980 316. Emisjonsverdien er redusert fra 1 034 186 414 til 1 005 956 748.

WIND - endret aksjekapital

Company news

2011-12-12 10:17:25

Aksjekapitalnedsettelse ved sletting av 903 932 egne aksjer, vedtatt av generalforsamlingen 30.9.2011, er registrert i Foretaksregisteret.

Winder AS' aksjekapital er kr 4.948.044,90 fordelt på 49.480.449 aksjer à kr 0,10.

TCC ASA subsidiary TCC A/S files for bankruptcy in Denmark

Company news

2011-12-11 15:21:43

Upon the recommendation of Bech Bruun, acting as "Rekonstruktør", it was decided by the board of directors in The Containership Company A/S (TCCAS) to file for bankruptcy in Denmark in accordance with the Danish bankruptcy rules.

This decision was supported by the board of directors in The Containership Company ASA (TCCASA) in Norway.

Under the current rules for "Rekonstruktion" in Denmark, it was not possible for Bech Bruun as "Rekonstruktør" to challenge / adjust unreasonable claims from creditors of TCCAS but under the Danish bankruptcy law it will be possible for Bech Bruun as the appointed trustee to challenge and adjust such unreasonable claims.

Filing for bankruptcy of TCCAS in Denmark in accordance with Danish law will not have any effect on the balance sheet of TCCAS nor effect the ongoing efforts to recover outstanding claims for MQC shortfalls now in process in New York, USA.

Furthermore, filing of bankruptcy of TCCAS in Denmark will not effect the potential for dividend being paid to creditors in TCCAS or to the shareholders of TCCAS, once all creditors have been paid.

TCCASA in Norway is a major creditor and it is still expected that TCCAS will be in a position to pay all creditors in full upon recovering the outstanding liquidated damages and upon adjustment of unreasonable claims from other creditors.

TCCASA in Norway controls 100% of the shares in TCCAS in Denmark.

As per today, TCCASA continue as a going concern with 2 chartered vessels, both employed in a sublet charter to MSC at a positive contribution margin.

TCCASA retains options to extend these 2 vessels at charter rate levels currently "out of the money".

The offices of the subsidiary TCCAS in Denmark and Singapore have been closed and all staff has been released.

The activities of TCCASA in Norway is now reduced to managing the remaining 2 charter vessels.

All but a very few of the container lease boxes have been redelivered and leasing companies have secured new leases on all boxes.

TCCAS in Denmark is now in the process of reviewing claims from leasing companies in order to adjust such claims for any potential gains by the leasing companies (i.e. For the nett claim to reflect "actual loss" only).

After trimming the organization in Oslo, TCCASA is operating with a positive cash flow.

Pacific Drilling (PDSA) Announces Closing of Over-Allotment Option Under Initial Public Offering

Company news

2011-12-09 22:25:42

Ocean Rig UDW Inc. (OCRG)

Company news

2011-12-09 22:05:28

WIND - Salg av kraftrettigheter

Company news

2011-12-09 10:05:50

Dale Fabrikker AS, et heleid datterselskap av Winder AS, har inngått en avtale med BKK Produksjon AS om salg av selskapets resterende kraftrettigheter for MNOK 110.

A.L.Industrier AS

Company news

2011-12-08 13:22:00

Vedlagt er presentasjoner fra administrasjonen og Akershus Eiendom gjennomgått på aksjonærmøte 2.desember.

A.L.Industrier AS

Company news

2011-12-08 13:17:18

Vedlagt følger presentasjon gitt av selskapets administrasjon på informasjonsmøte 2.desember

A.L.Industrier AS

Company news

2011-12-08 13:13:20

Vedlagte presentasjon fra Akershus Eiendom ble gjennomgått på aksjonærmøte 2.desember.

Pacific Drilling (PDSA) Launches New Website for News Items

Company news

2011-12-07 16:18:36

Pacific Drilling recently launced a new corporate website. All past and future news items may now be found on this site at the link provided below.

Pacific Drilling (PDSA) to Present at the Nordea Markets 4th Annual Shipping/Offshore Investor Seminar

Company news

2011-12-07 15:46:21

NADL - Dividend information

Company news

2011-12-07 11:09:48

Hamilton, Bermuda, December 7, 2011 - Reference is made to the third quarter 2011 report released on November 30, 2011. North Atlantic Drilling Ltd. will be trading ex-dividend of a cash dividend of US$0.04 per share on December 8, 2011.

The record date is December 12, 2011, and the dividend will be paid on or about December 21, 2011.

Altona Mining Limited (ALTM)

Company news

2011-12-07 01:04:18

Roseby Drill Programme Complete. Please click on the link for more details.

Ocean Rig UDW Inc. (OCRG)

Company news

2011-12-06 15:01:21

SFL - Adjusted agreement with a recapitalized Frontline Ltd.

Company news

2011-12-06 10:00:04

Press release from Ship Finance International Limited, December 6, 2011

Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or the "Company"),
today announced that it has agreed, subject to final board and bank financing
approvals,  to amend the terms of the long-term chartering agreements with
Frontline Ltd. ("Frontline").

This will happen concurrently with a proposed recapitalization of Frontline,
where some of their assets will be sold and a significant capital commitment
relating to newbuildings will be transferred to a new company to be established,
Frontline 2012 ("Frontline 2012").  Frontline's balance sheet will be
strengthened and the current uncertainty relating to its liquidity position and
bank covenant compliance will be removed.

At the same time, all of Frontline's tonnage providers, including Ship Finance,
have been requested to reduce the base charter rates in order for the
restructured Frontline to manage through a potentially very weak spot tanker
market in the short to medium term. For Ship Finance, the preliminary agreement
is to reduce the base charter rates by $6,500 per day per vessel from 2012
through 2015, and thereafter revert to previous charter rate levels.

Ship Finance will receive a restructuring compensation of $106 million in cash
from Frontline, including the release of $56 million restricted cash currently
serving as security for their charter payments to us. The remaining $50 million
will be an early payment of profit split, and will effectively be used to offset
future profit split revenues over and above the old base rate.

There will also be an adjustment to the profit split calculation whereby Ship
Finance will get 100% up to the old base rate levels, and 25% profit split above
that. The profit split will be payable on an annual basis as before.

In addition to the $106 million cash payment from Frontline, we plan to use an
additional $50 million to prepay on bank financing, with corresponding reduced
interest and loan amortization. The net effect of this significant debt
reduction and new charter arrangement is that the cashflow from these vessels
will at a minimum cover the debt service, even at the reduced base rate, for the
next four years.

At year-end 2011, the bank financing relating to the 28 Frontline vessels will
then be reduced from approximately $740 million to approximately $584 million.
This is just a marginal level above current scrap values for the vessels, and we
will continue to amortize down the debt further according to schedule.

Currently, the net contribution from the Frontline vessels, after debt service,
is approximately $8 million per quarter, or approximately $0.10 per share. It is
expected that the near-term dividends will be adjusted to reflect a reduced net
cash-flow, potentially reducing the base dividend to approximately $0.25 per
share for the next quarter. If the market is higher than the new reduced base
charter rates, significant additional cash will be generated with the potential
to increase SFL's dividend in the future. Any final decision to pay dividends,
and the amount of such dividends, is made by the Board of Directors on a quarter
by quarter basis.

CEO of Ship Finance Management AS, Ole B. Hjertaker said in a comment:  "The
uncertainty relating to Frontline has been negative for our Company and a
potential default on their chartering obligations could be dramatic for us. It
has been a difficult process for all involved parties, but we feel that the
outlined solution will, if accepted, give our Company a solid footing under our
large tanker exposure in what is a very difficult time for the tanker industry.
We will receive base charter rates which are clearly in excess of what can be
achieved in the market today and we will have a solid counterpart with a good
liquidity position and low cash break-even rates.

In a positive market scenario, we will have the potential to recover more than
the original agreed charter payments through an improved profit share agreement.
Since the establishment of Ship Finance in 2004, we have received more than $500
million in profit sharing from Frontline. It has enabled the Company to grow and
diversify the asset base much faster than originally anticipated with
corresponding higher dividend capacity. This clearly illustrates the value of
optionality in the tanker market.

The uncertainty regarding our tanker exposure should then be dramatically
reduced, and the foundation for a long term dividend capacity with additional
upside potential should be established."

The outlined structure is subject to final board approval, and also approval by
the financing banks in Ship Finance and Frontline, respectively, with a deadline
of December 31, 2011.


December 6, 2011

The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda



 Questions should be directed to:
Investor and Analyst Contacts:
Eirik Eide, Chief Financial Officer, Ship Finance Management AS
+47 23114006 / +47 95008921

Magnus T. Valeberg, Vice President, Ship Finance Management AS
+47 23114012 / +47 93440960


Media Contact:
Ole B. Hjertaker, Chief Executive Officer, Ship Finance Management AS
+47 23114011 / +47 90141243


About Ship Finance

Ship Finance is a major ship owning company listed on the New York Stock
Exchange (NYSE: SFL). Including newbuildings, the Company has a fleet of 69
vessels, including 25 crude oil tankers (VLCC and Suezmax), two chemical
tankers, five oil/bulk/ore vessels, 11 drybulk carriers including six
newbuildings, 15 container vessels including four newbuildings, six offshore
supply vessels, one jack-up drilling rigs, one ultra-deepwater drillship and two
ultra-deepwater semi-submersible drilling rigs. The fleet is one of the largest
in the world and most of the vessels are employed on long-term charters.

More information can be found on the Company's website: www.shipfinance.org



Cautionary Statement Regarding Forward Looking Statements

This press release may contain forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends. Although Ship Finance believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, Ship Finance cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions.

Important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in this presentation include the strength
of world economies and currencies, general market conditions including
fluctuations in charter hire rates and vessel values, changes in demand in the
tanker market as a result of changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, changes in the Company's operating
expenses including bunker prices, dry-docking and insurance costs, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the United States
Securities and Exchange Commission.







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1569394]

Nordic Petroleum AS - Reevaluation of Petroleum Resources

Company news

2011-12-06 09:34:48

The company has completed a new assessment of its petroleum resources that takes into account both the new information from the area and further development of production technology.

Nordic Petroleum AS - Revurdering av Petroleumsressursene

Company news

2011-12-06 09:28:27

Selskapet har gjennomført en ny vurdering av sine petroleumsressurser som hensyntar både ny informasjon fra området og videreutvikling i produksjonsteknologi.

Guard Systems ASA - Selskapsinformasjon (GUSY)

Company news

2011-12-05 14:57:28

Kalfaret AS har kjøpt 21.042 aksjer i Guard Systems ASA.

Med vennlig hilsen
Guard Systems ASA

Endring av aksje: Eiendomsspar AS (EISP)

Corporate actions

2011-12-05 11:07:58

Det er foretatt endringer i Eiendomsspar AS (ISIN:NO0003998700, ticker EISP). Aksjebeholdningen er øket fra 54 195 560 til 55 060 186.

Eiendomsspar - fisjonsfusjon med Thrane-Steen Gruppen AS

Company news

2011-12-05 10:31:02

Det vises til melding datert 14.09.2011. Fisjonsfusjonen med Thrane-Steen Gruppen AS ble registrert i Foretaksregisteret den 03.12.2011.

Finanstilsynet tilrår ikke samtykke til notering

Company news

2011-12-01 09:43:59

Oslo Børs VPS Holding ASA søkte i juni 2011 Finansdepartementet om samtykke til notering av selskapets aksjer på Oslo Børs eller Oslo Axess. Finanstilsynet har nå tilrådt Finansdepartementet å avslå søknaden om samtykke til notering.

Tilrådningen begrunnes blant annet med at en notering av morselskapet til Oslo Børs på regulert markedsplass som er drevet av Oslo Børs vil kunne åpne for interessekonflikter.

I sin tilråding har Finanstilsynet også anbefalt for Finansdepartementet at det gis en del vilkår og særordninger for Oslo Børs VPS Holding dersom departementet skulle beslutte å gi sitt samtykke til søknaden om notering.

Oslo Børs VPS Holding vil formidle sin vurdering av Finanstilsynets tilrådning til Finansdepartementet i løpet av desember.

Oslo Børs VPS Holding meddelte i mai 2011 at en beslutning om børsnotering vil bli forelagt aksjonærene på en ekstraordinær generalforsamling innen utgangen av 2011. En eventuell innkallelse til generalforsamling utsettes inntil endelig svar på søknaden er mottatt fra Finansdepartementet.

For ytterligere kommentarer, kontakt:
Konsernsjef Bente A. Landsnes i Oslo Børs VPS, tlf. 22 34 17 00 / 905 50 495
Økonomidirektør Geir Heggem, tlf. 22 34 17 22 / 952 38 811
Kommunikasjonsdirektør Per Eikrem, tlf. 22 34 17 40 / 930 60 000

The Financial Supervisory Authority of Norway does not recommend approval for listing

Company news

2011-12-01 09:39:41

Oslo Børs VPS Holding ASA applied in June 2011 to the Ministry of Finance for approval to list the company's shares on Oslo Børs or Oslo Axess. The Financial Supervisory Authority of Norway has now advised the Ministry to refuse the application for approval of the listing.

The rationale for the recommendation is, in part, that a listing of the parent company of Oslo Børs on a regulated market that is operated by Oslo Børs could lead to conflicts of interest.

In its recommendation, the Financial Supervisory Authority also advised the Ministry that if it does decide to give its approval to a listing of the company it should impose conditions and specific requirements on Oslo Børs VPS Holding.

Oslo Børs VPS Holding will communicate its evaluation of the Financial Supervisory Authority's recommendation to the Ministry during the course of December in order that the Ministry can take the group's arguments into account in its consideration of the application.

Oslo Børs VPS Holding announced in May 2011 that a decision on listing would be submitted to shareholders at an extraordinary general meeting before the end of 2011. The issue of a notice calling such a general meeting has been postponed until a final decision on the application is received from the Ministry of Finance.

For further information, please contact:
Bente A. Landsnes, CEO. Tel: +47 22 34 17 00 / 905 50 495
Geir Heggem, CFO. Tel: +47 22 34 17 22 / 952 38 811
Per Eikrem, SVP Corporate Communications. Tel: +47 22 34 17 40 / 930 60 000

Equinox Offshore Accommodation Limited - Third Quarter Results

Company news

2011-11-30 16:15:52

Third Quarter 2011 Results

NADL - North Atlantic Drilling reports third quarter 2011 results

Company news

2011-11-30 15:00:04

Hamilton, Bermuda, November 30, 2011 - North Atlantic Drilling reports third
quarter 2011 results:

Highlights

* North Atlantic Drilling generates third quarter 2011 EBITDA*) of US$142
million
* North Atlantic Drilling  reports third quarter 2011 net income of US$44.4
million and earnings per share of US$0.044
* North Atlantic Drilling resolves to distribute a regular cash dividend of
US$0.04 per share
* North Atlantic Drilling takes delivery of the harsh-environment jack-up rig
West Elara from Jurong Shipyard

*) EBITDA is defined as earnings before interest, depreciation and amortization
equal to operating profit plus depreciation and amortization.

Third quarter 2011 results

Consolidated revenues for the third quarter of 2011 amounted to US$242.9
million, up from US$ 233.0 million in the second quarter.

Operating profit for the quarter was US$107.6 million, down by US$5.1 million
compared to the previous quarter.

Net financial items for the quarter amounted to a loss of US$56.6 million and
included US$22.4 million in interest expenses, and a US$40.8 million loss on
financial items, mainly related to interest rate swap agreements.

Income taxes for the third quarter were US$6.6 million.

Net income for the quarter was US$44.4 million and basic earnings per share
US$0.045.

Cash dividend for the third quarter is increased to US$0.04 per share

The Chairman of the Board and Chief Executive Officer Alf C Thorkildsen says in
a comment; "North Atlantic Drilling delivers another strong quarter with a
record utilization and revenues and a very solid operating margin. The market
uncertainty with a decline in long term interest rates had an adverse impact
through the interest rate swaps and hence led to a reduction in earnings. Whilst
our performance is strong, contract backlog is solid and the outlook for our
business very favourable, we have taken decisive actions to protect shareholder
value against increases in taxation. We have also decided to pursue a listing of
our shares on one of the main stock exchanges in New York."

For further information, please see the third quarter 2011 report attached.


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



Third quarter 2011 report:
http://hugin.info/149158/R/1567709/487096.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: North Atlantic Drilling Limited via Thomson Reuters ONE

[HUG#1567709]

HITV - HitecVision completes fundraising of USD 1.5 billion

Company news

2011-11-30 09:04:43

HitecVision completes fundraising and reaches hard cap of USD 1.5 billion in less than four months.
With strong support from existing investors and significant interest from new international investors the hard cap was reached in less than four months of fundraising.
Please see the attached press release.

Victoria Eiendom - regnskap 3. kvartal 2011

Company news

2011-11-29 13:21:28

Victoria Eiendoms resultat før skattekostnad pr. 3. kvartal 2011 ble kr 169,8 mill., på nivå med fjoråret (kr 172,8 mill.)

Eiendomsspar - regnskap 3. kvartal 2011

Company news

2011-11-29 13:06:24

Eiendomsspars resultat før skattekostnad pr. 3. kvartal 2011 ble kr 332,8 mill., mot kr 355,4 mill. for tilsvarende periode i 2010. Nedgangen skyldes reduserte salgsgevinster i felleskontrollert virksomhet.

Fjerning av aksje: MultiPower AS (MPOW)

Corporate actions

2011-11-28 15:15:55

MultiPower AS (ISIN:NO0010139348, ticker MPOW) er fjernet fra handelsstøttesystemet

Endring av aksje: Stolz Technology AS (SCOD)

Corporate actions

2011-11-25 10:28:24

Det er foretatt endringer i Stolz Technology AS (ISIN:NO0010014731, ticker SCOD). Navnet Stolz Technology AS har endret navn til Scancode AS.

STOL: Stolz Technology AS - Skifter navn til Scancode

Company news

2011-11-25 10:21:05

Selskapet avholder ekstraordinær generalforsamling 5 desember i selskapets lokaler kl. 1000. Innkallelse blir sendt ut digitalt til aksjonærer og kan hentes ved henvendelse til selskapet eller til styrets leder rolf@stolz.no Blant sakene er overtakelsen Billett 24, gjeldskonvertering og kontantemisjon.

Altona Mining Limited (ALTM)

Company news

2011-11-25 02:11:19

High-Grade Copper Intercepts at Ivy Ann Deposit at Roseby. Please click on the link for more details.

Allotment of shares to primary insiders

Company news

2011-11-24 17:40:28

In connection with an offer by Oslo Børs VPS Holding ASA for employees in subsidiaries to purchase shares with an order period to and including 24 November, a total of 7,534 shares were sold. Employees paid a share price of NOK 70 per share, but were allowed a discount of 20% on purchases up to NOK 7,500. Following the sale of these shares, Oslo Børs VPS Holding ASA holds 24.396 own shares.

In connection with the offer, the following primary insiders have bought the number of shares shown below (new holding shown in brackets):

Gunnar Haug - 107 (758)
Marianne Klingen - 107 (107)
Guro Steine - 107 (474)
Thomas Borchgrevink - 107 (1.854)
Kjetil Nysæther - 107 (1.273)
Harald Næss - 107 (658)
Sveinung Dyrdal - 107 (4.223)
Hugo Sundkjer - 116 (2.399)

Tildeling av aksjer til primærinnsidere

Company news

2011-11-24 17:39:36

I forbindelse med tilbud fra Oslo Børs VPS Holding ASA til ansatte i datterselskaper om kjøp av aksjer med bestillingsperiode frem til og med 24. november er det foretatt salg av 7.534 aksjer. Aksjene selges for NOK 70 pr. aksje, dog slik at det gis en rabatt på 20 % innenfor en kjøpesum på opptil NOK 7.500. Etter at salget av disse aksjene er gjennomført vil Oslo Børs VPS Holding ASA ha en ny beholdning av egne aksjer på 24.396 aksjer.

I forbindelse med tilbudet har følgende primærinnsidere kjøpt følgende antall aksjer (ny beholdning etter tildelingen fremgår i parentes):

Gunnar Haug - 107 (758)
Marianne Klingen - 107 (107)
Guro Steine - 107 (474)
Thomas Borchgrevink - 107 (1.854)
Kjetil Nysæther - 107 (1.273)
Harald Næss - 107 (658)
Sveinung Dyrdal - 107 (4.223)
Hugo Sundkjer - 116 (2.399)

Company Update

Company news

2011-11-24 03:24:55

Company Update

Altona Mining Limited (ALTM)

Company news

2011-11-24 03:04:32

Results of Annual General Meeting. Please click on the link for more details.

Pacific Drilling (PDSA) Provides Operational Updates

Company news

2011-11-23 20:25:47

SFL - 3Q 2011 Presentation

Company news

2011-11-23 16:00:02

Press release from Ship Finance International Limited November 23, 2011

Please find enclosed the presentation of the preliminary third quarter results
to be held November 23, 2011 in the link below.

Also, a short webcast presentation of accounting items is available at the
following link:
http://www.media-server.com/m/p/n746axyc




Presentation of 3rd quarter 2011 results:
http://hugin.info/134876/R/1566184/486270.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1566184]

SFL - Third Quarter 2011 Results

Company news

2011-11-23 14:30:03

Ship Finance International Limited (NYSE: SFL) - Earnings Release

Reports preliminary 3Q 2011 results and quarterly dividend of $0.39 per share

Hamilton, Bermuda, November 23, 2011. Ship Finance International Limited ("Ship
Finance" or the "Company") today announced its preliminary financial results for
the quarter ended September 30, 2011.

Highlights

* The Board of Directors declared a quarterly dividend of $0.39 per share.
* Adjusted net income for the quarter was $31.4 million, or $0.40 per share,
excluding a negative $2.4 million non-cash mark-to-market of derivatives,
and $1.6 million reversal of previously accrued profit share.
* In September 2011, the Company agreed to sell its three remaining non-double
hull tankers with delivery to the new owner in 2012 and 2013.
* In October 2011 the Company sold a 1992-built combination carrier.
* The Company took delivery of two newbuilding dry bulk carriers in the third
quarter. Both vessels are chartered out on long-term time charters.
* Long-term financing has been arranged for all vessels under construction,
with significant positive liquidity effect for the Company in the fourth
quarter.



Dividends and Results for the Quarter Ended September 30, 2011

The Board of Directors has declared a quarterly cash dividend of $0.39 per
share. Ship Finance has now paid dividends for 31 consecutive quarters. The
dividend will be paid on or about December 29, 2011 to shareholders of record as
of December 13, 2011. The ex-dividend date will be December 9, 2011.

The Company reported total U.S. GAAP operating revenues on a consolidated basis
of $73.3 million, or $0.93 per share, in the third quarter of 2011. This number
excludes $24.4 million of charter hire classified as 'repayment of investments
in finance lease', and also excludes $102.1 million of charter revenues earned
by assets classified as 'investment in associate'.

As a result of a continued weak tanker spot market, there was a negative
adjustment of approximately $1.6 million of previously accrued profit share
related to the vessels on charter to Frontline. The accumulated profit share as
of the second quarter was approximately $2.4 million, which has now been reduced
to approximately $0.8 million as of the third quarter. The profit share for the
year cannot be negative, but there is a risk that some or all of the remaining
accrued profit share may have to be reversed in the fourth quarter, depending on
the actual charter rates in the quarter.

Reported net operating income pursuant to U.S. GAAP for the quarter was $38.0
million, or $0.48 per share, and reported net income was $27.5 million, or $0.35
per share.

Ole B. Hjertaker, Chief Executive Officer of Ship Finance Management AS said in
a comment: "This has been a steady quarter of operations for Ship Finance, where
we have taken delivery of two newbuilding dry-bulk vessels on time and on
budget. Both vessels entered their long-term charter contracts immediately after
delivery, with full cash flow effect from the fourth quarter.

In addition to 59 vessels on the water, we have 10 vessels under construction,
including six dry-bulk carriers and four container vessels. All newbuildings
have already been fixed on long-term charters from delivery."

Mr. Hjertaker continued: "We are very pleased to have arranged long-term
financing for all our newbuildings, with nearly $90 million positive cash effect
for the Company in the fourth quarter alone. While the spot tanker market was
very soft in the third quarter, SFL's fleet of assets is now diversified across
multiple segments, with a substantial portion of our cash flow generated from
the offshore sector."



The full report can be found in the link below



November 23, 2011
The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda



Questions should be directed to:

Investor and Analyst Contact:

Eirik Eide, Chief Financial Officer, Ship Finance Management AS
+47 23114006 / +47 95008921

Magnus T. Valeberg: Vice President, Ship Finance Management AS
+47 23114012 / +47 93440960

Media Contact:

Ole B. Hjertaker, Chief Executive Officer, Ship Finance Management AS
+47 23114011 / +47 90141243



Forward Looking Statements

This press release contains forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends, data contained in the Company's records and other data
available from third parties. Although Ship Finance believes that these
assumptions were reasonable when made, because assumptions are inherently
subject to significant uncertainties and contingencies which are difficult or
impossible to predict and are beyond its control, Ship Finance cannot give
assurance that it will achieve or accomplish these expectations, beliefs or
intentions.

Important factors that, in our view, could cause actual results to differ
materially from those discussed in the forward-looking statements include the
strength of world economies, fluctuations in currencies and interest rates,
general market conditions including fluctuations in charter hire rates and
vessel values, changes in demand in the markets in which we operate, changes in
demand resulting from changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, developments regarding the technologies
relating to oil exploration, changes in market demand in countries which import
commodities and finished goods and changes in the amount and location of the
production of those commodities and finished goods, increased inspection
procedures and more restrictive import and export controls, changes in our
operating expenses, including bunker prices, drydocking and insurance costs,
performance of our charterers and other counterparties with whom we deal, timely
delivery of vessels under construction within the contracted price, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the Securities and
Exchange Commission.




Third Quarter 2011 Results:
http://hugin.info/134876/R/1566152/486247.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1566152]

ITCL - Q3 2011 Presentation

Company news

2011-11-22 16:40:02

Independent Tankers Corporation Limited advises that a presentation of its third
quarter 2011 results that were released November 22, 2011, is available on the
Company's website: http://www.itcl.bm and in the link enclosed.

Independent Tankers Corporation Limited

November 22, 2011




Q3 2011 Presentation:
http://hugin.info/138953/R/1565860/486062.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Independent Tankers Corporation Limited via Thomson Reuters ONE

[HUG#1565860]

ITCL - Third Quarter and Nine Months 2011 Results

Company news

2011-11-22 08:20:03

Highlights

·         Independent Tankers reports a net loss of $2.3 million, equivalent to
a loss per share of $0.03 for the third quarter of 2011.
·         Independent Tankers reports net income of $5.8 million, equivalent to
earnings per share of $0.08, for the nine months ended September 30, 2011.
·         The UK tax leasing arrangement for the VLCC British Pride was
terminated and the fixed period charter ended in July 2011.

Introduction

Independent Tankers Corporation Limited (the "Company" or "Independent Tankers")
was incorporated in Bermuda on January 18, 2008 and the shares have traded on
the Norwegian over-the-counter market since March 7, 2008. Independent Tankers'
business is mainly concentrated on the ownership and operation of crude oil
tankers on long term bareboat contracts to major oil companies and two vessels
operating in the spot market. Independent Tankers owns six VLCC's and three
Suezmax tankers. All vessels are financed through bonds in the US market. The
main shareholder is Frontline Ltd. ("Frontline") with an ownership of
approximately 83 percent.

Third Quarter and Nine Months 2011 Results

The Board of Independent Tankers announces a net loss of $2.3 million,
equivalent to a loss per share of $0.03 for the third quarter of 2011. This
compares with a net loss of $0.05 million, equivalent to a loss per share of
$0.001 for the preceding quarter. The decrease in net income is primarily
attributable to weaker results for the two vessels trading in the spot market.

The Ulriken (formerly Antares Voyager) and the Pioneer continued to trade in the
spot market and the average daily time charter equivalents ("TCEs") earned in
the third quarter was $5,200 and $10,300, respectively. The average daily
bareboat rate earned in the third quarter by the Company's VLCCs was $22,600,
which represents a small decrease compared with the preceding quarter due to a
rate decrease on the VLCC British Pride following the end of the fixed period
charter in July.

Interest income for the quarter decreased by $1.3 million compared to the
previous quarter to $0.2 million. This is primarily attributable to the
termination of the UK tax leasing arrangement for the VLCC British Pride on July
15, 2011. Interest expense in the third quarter also decreased for the same
reason. At September 30, 2011, all of the Company's bond debt of $288.1 million
is at fixed interest rates ranging from 7.84% to 8.52%.

In November 2011, the average total cash cost breakeven rates for the remaining
part of 2011 is $32,400 per day for the two spot trading VLCCs and $19,200 per
day for the four bareboat vessels.

Chartering Summary

In July 2011, BP extended the bareboat charters for the VLCCs British Purpose
and British Pride for one additional year. As a result, the British Purpose will
trade on a market rate with a minimum bareboat rate of $20,000 per day from July
15, 2011 until July 14, 2013. The British Pride traded on a bareboat rate of
$24,895 per day until the fixed period ended on July 30, 2011 and will trade on
a market rate with a minimum bareboat rate of $20,000 per day until July
30, 2013.

Other Matters
On July 15, 2011, the UK tax lease arrangement between Holyrood Shipping plc and
Dresdner Kleinwort Leasing for the VLCC British Pride was terminated and the
outstanding lease obligation was settled in full using restricted cash. At June
30, 2011 the lease obligation was $70.3 million and the termination was cash
neutral for the Company. The vessel was sold to Holyrood Petro Limited, a
previously dormant subsidiary of the Company, which simultaneously entered into
a lease with Holyrood Shipping Plc.
74,825,166 ordinary shares were outstanding as of September 30, 2011, and the
weighted average number of shares outstanding for the first quarter was also
74,825,166.

The Market

The market rate for a VLCC trading on a standard 'TD3' voyage between the
Arabian Gulf and Japan in the third quarter of 2011 was WS 47, representing a
decrease of about WS 6 points from the second quarter of 2011 and a decrease of
WS 5.5 points from the third quarter of 2010. Present market indications are
approximately $12,000/day in the fourth quarter of 2011.

Bunkers at Fujairah averaged $664/mt in the third quarter of 2011 compared to
$657/mt in the second quarter of 2011; an increase of $7/mt. Bunker prices
varied between a low of $626.5/mt at the end of September and a high of
$699.5/mt on the 1st of August. On November 18th, 2011, the quoted bunker price
in Fujairah was 677/mt.

Philadelphia bunkers averaged $675/mt in the third quarter, which was a decrease
of $6/mt from the second quarter of 2011. Bunker prices varied between a low of
$640.5/mt mid August and a high of $705.5/mt at the end of July. On November
18th, 2011, the quoted bunker price in Philadelphia was 658/mt.

The International Energy Agency's ("IEA") November 2011 report stated an average
OPEC oil production, including Iraq, of 30 million barrels per day (mb/d) during
the third quarter of the year. This was an increase of 540,000 barrels per day
compared to the second quarter of 2011 and an increase of 720,000 barrels per
day compared to the third quarter of 2010.

IEA further estimates that world oil demand averaged 89.6 mb/d in the third
quarter of 2011, representing an increase of approximately 1.7 mb/d compared to
the previous quarter, and an increase of approximately 540,000 barrels per day
from the third quarter of 2010.

The VLCC fleet totalled 588 vessels at the end of the third quarter of 2011, up
from 574 vessels at the end of the previous quarter. 14 VLCCs were delivered
during the quarter. The orderbook counted 131 vessels at the end of the third
quarter, down from 143 orders from the previous quarter. Two new orders were
placed during the quarter, and the current orderbook represents about 22 percent
of the VLCC fleet. According to Fearnleys the single hull fleet stands at 35
vessels.

The newbuilding orderbook at the end of the third quarter 2011 includes a high
number of expected vessel deliveries remaining in 2011 and in 2012. However, the
actual number of deliveries is likely to be lower due to the expected delays,
slippage and cancellations of newbuilding orders going forward.

The International Monetary Fund forecasts world growth to rise by approximately
4.0 percent in 2012 compared with 2011 and the IEA projects an increase in
world's oil consumption in 2012 by 1.3 mb/d and 1.5 percent compared to 2011.
This is not enough to absorb the newbuilding orderbook, but will help mitigate.

Strategy and Outlook

The Company's strategy is mainly concentrated around chartering out vessels on
long term charters to reputable oil companies, for the time being BP and
Chevron. The Company's charter coverage for its six double hull VLCCs is 67
percent for the remaining part of 2011, 67 percent in 2012 and 23 percent in
2013 if the charters are not extended. The charter coverage for the three double
hull Suezmax tankers is 100 percent until 2015.

Independent Tankers has historically not been influenced by spot market exposure
due to fixed bareboat contracts on all the vessels. As a consequence of the
termination of the bareboat charters for the VLCCs Pioneer and Ulriken, the
Company will be exposed to market fluctuations for these vessels. Frontline, as
manager, is obligated to seek to find potential buyers for the vessel subject to
certain price requirements and a bondholders meeting must be held in order to
approve or reject any offers. If there are no buyers or an offer is rejected by
the bondholders, Frontline needs to seek bareboat, time or spot charters for the
vessels which meet the requirements of the indentures.

The broker valuations received for the vessels at September 30, 2011 indicate
that the market values of the Windsor vessels are lower than the net debt of the
vessels. The two VLCCs in the Golden State Petroleum bond structure had
estimated market values that were higher than the net debt of the vessels.
Whether the estimated market values can be achieved through actual transactions
is highly uncertain due to the lack of liquidity in the secondhand sale and
purchase market for VLCCs. There is also uncertainty to what extent the negative
developments in the tanker market since September 30 have influenced values.

During the third quarter of 2011, the Windsor Petroleum bond structure was
downgraded from B3 to Caa1 by Moody's Investors Service and from BB+ to BB- by
Standard and Poor's Rating Services. The reason for the downgrading was the
negative development in the tanker market.

The Company will continue to operate with low cash cost breakeven rates and
financing through the US bond market with maturities from 2015 to 2021. The
fixed minimum bareboat rates of $20,000 per day for three of the VLCCs and the
fixed bareboat contract of Phoenix Voyager, in addition to the long term
financing, supports the debt of the Company until 2013 if the contracts are not
extended. However, with current market rates being below operating expense
levels for the two spot trading vessels Ulriken and Pioneer, the company will
have to draw further on the restricted cash reserves to operate these vessels.
The uncertainties around a potential sale or a charter to a non-investment grade
counterparty for Ulriken and Pioneer, increase the risk of the Company and might
have a negative influence on the Company's future profit and credit profile.

Forward Looking Statements

This press release contains forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including the Company's management's examination of historical
operating trends. Although the Company believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, the Company cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions.

Important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in this press release include the
strength of world economies and currencies, general market conditions including
fluctuations in charter hire rates and vessel values, changes in demand in the
tanker market as a result of changes in OPEC's petroleum production levels and
world wide oil consumption and storage, changes in the Company's operating
expenses including bunker prices, drydocking and insurance costs, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the Norwegian over-the-
counter market in Oslo.

The full report is available for download in the link enclosed and from the
Company's website www.itcl.bm.

The Board of Directors
Independent Tankers Corporation Limited
Hamilton, Bermuda
November 21, 2011


Questions should be directed to:
Magnus Vaaler: Vice President Finance, Frontline Management AS
+47 23 11 40 21


WEBSITE:WWW.ITCL.BM



3rd quarter 2011 results:
http://hugin.info/138953/R/1565597/485934.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Independent Tankers Corporation Limited via Thomson Reuters ONE

[HUG#1565597]

Guard Systems ASA - Selskapsinformasjon (GUSY)

Company news

2011-11-21 14:36:55

Guard Systems ASA har inngått en intensjonsavtale om salg av sitt fly. Levering til kjøper vil bli i slutten av 2011/begynnelsen av 2012.
Bokført verdi på flyet er MNOK 5,5 pr Q3/ 11. Salget vil medføre et tap på MNOK 0,9 i forhold til bokført verdi basert på dagens USD/NOK kurs.
Tapet vil bli bokført i Q4/ 11.

SFL - Invitation to Presentation of 3Q 2011 Results

Company news

2011-11-21 14:20:03

Ship Finance International Limited ("Ship Finance") (NYSE: SFL) plans to release
its preliminary financial results for third quarter 2011 on Wednesday November
23, 2011.

The Company plans to host a conference call and a webcast for all shareholders
and interested parties on Wednesday November 23, 2011 at 10:00 AM (EST) / 4:00
PM (Central European Time). Relevant material will be available from the
Investor Relations section at www.shipfinance.org as of the same day.

In order to listen to the presentation you may do one of the following:

a. Webcast
Go to the Investor Relations section atwww.shipfinance.org and click on the link
to "Webcast". To listen to the conference call from the web, you need to have
installed Windows Media Player, and you need to have a sound card on your
computer.

b. Conference Call
Participants dial in numbers:
US Toll Free #             1-877-280-2296

International Dial In #           +44 203 140 8286

Norwegian Toll Free # 80056054



Conference ID: 6481294

 There will be a Q&A session after the presentation. Information on how to ask
questions will be given at the beginning of the Q&A session.

A replay of the conference call will be available until November 30, 2011 by
dialing:

US Toll Free #            1-866-932-5017

International Dial In #           +44 207 111 1244



The replay access code is: 6481294#



Investor and Analyst Contacts:
Eirik Eide, Chief Financial Officer, Ship Finance Management AS
+47 23114006 / +47 95008921
Magnus T. Valeberg, Vice President, Ship Finance Management AS
+47 23114012 / +47 93440960


Media Contact:
Ole B. Hjertaker, Chief Executive Officer, Ship Finance Management AS
+47 23114011 / +47 90141243



About Ship Finance
Ship Finance is a major ship owning company listed on the New York Stock
Exchange (NYSE: SFL). Including newbuildings, the Company has a fleet of 69
vessels, including 25 crude oil tankers (VLCC and Suezmax), two chemical
tankers, five oil/bulk/ore vessels, 11 drybulk carriers including six
newbuildings, 15 container vessels including four newbuildings, six offshore
supply vessels, one jack-up drilling rigs, one ultra-deepwater drillship and two
ultra-deepwater semi-submersible drilling rigs. The fleet is one of the largest
in the world and most of the vessels are employed on long-term charters.
More information can be found on the Company's website: www.shipfinance.org


Cautionary Statement Regarding Forward Looking Statements
This press release may contain forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends. Although Ship Finance believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, Ship Finance cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions.
Important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in this presentation include the strength
of world economies and currencies, general market conditions including
fluctuations in charter hire rates and vessel values, changes in demand in the
tanker market as a result of changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, changes in the Company's operating
expenses including bunker prices, dry-docking and insurance costs, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the United States
Securities and Exchange Commission.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1565384]

STATUS MARINE SUBSEA - ACCOMMODATION ASSETS, AFRICAN CHALLENGER & UNSECURED DEBT

Company news

2011-11-21 11:04:09

Please see enclosed updated status on Marine Subsea.

For further information please contact:

Managing Director Kristen S. Jakobsen (+ 47 915 48 408)

Director of Strategy Thomas J. Fjell (+ 47 958 15 300)

or Andreas S. Christensen (+ 47 92 02 38 73)

Norgesbuss vant anbud i Buskerud

Company news

2011-11-21 09:14:19

Norgesbuss AS, et heleid datterselskap av Torghatten ASA, har vunnet et anbud og inngått avtale med Buskerud Kollektivtrafikk om rutekjøring i Buskerud. Anbudet varer i 5 år fra 1. juli 2012 med mulighet for 3 års forlengelse. Det vil bli kjøpt inn ca 20 nye busser til anbudet som vil generere en omsetning på ca 25 mill i året. "Anbudet passer godt inn i vår eksisterende virksomhet i området og vil gi oss nyttig erfaring med rutekjøring utenfor Oslo og Akershus", sier administrerende direktør Atle Rønning i Norgesbuss i en kommentar.

For ytterligere opplysninger kan administrerende direktør Atle Rønning kontaktes på telefon 993 62 200.

Om Norgesbuss :
Selskapet driver veibasert kollektivtransport, hvor hovedaktiviteten er kontraktskjøring for Ruter AS og Flybussekspressen AS. Selskapet har en omsetning på ca 730 mill kr, ca 800 ansatte og opererer ca 350 busser. Hovedkontoret ligger på Rosenholm i Oppegård kommune.

Fjerning av aksje: GenoMar AS (GENO)

Corporate actions

2011-11-18 16:59:57

GenoMar AS (ISIN:NO0003064909, ticker GENO) er fjernet fra handelsstøttesystemet

Pacific Drilling S.A. (PDSA) Outlines Steps for Migration of Common Shares from the Norwegian OTC List to the New York Stock Exchange

Company news

2011-11-18 14:45:44

Pacific Drilling (PDSA) Announces Closing of Initial Public Offering

Company news

2011-11-18 14:44:33

Endring av aksje: Agrinos AS (AGRI)

Corporate actions

2011-11-17 14:44:01

Det er foretatt endringer i Agrinos AS (ISIN:NO0010592934, ticker AGRI). Aksjebeholdningen er øket fra 31 723 833 til 37 034 833. Emisjonsverdien er øket fra 793 095 825 til 1 481 393 320.

DOF INSTALLER ASA - Interim Financial Report Q3 2011

Company news

2011-11-17 08:37:24

Please find the Interim Financial Report Q3 2011 attached.

Contact: Chairman Mons S. Aase, 91 66 10 12

Q3 report Villa Organic

Company news

2011-11-16 13:55:38

Highlights - third quarter 2011

- Weak result in third quarter due to falling prices and adjustment of biological asset
- Strong biomass growth but some challenges related to smolt mortality
- Villa had a loss before tax in the third quarter of MNOK 27,5. EBIT was negative with MNOK 22,6


Please find enclosed the Q3 report for 2011.

For more information please contact Vidar Skaar
E-mail: vidar.skaar@villaorganic.com
Mob: +47 957 21 233

NORDIC SEAFARMS - FORELØPIG REGNSKAP 30.09.11

Company news

2011-11-16 09:47:34

Altona Mining Limited (ALTM)

Company news

2011-11-16 01:33:35

Drilling continues to expand Roseby. Please click on the link for more details.

ETRI: Etrinell AS - Utbetaling av utbytte

Company news

2011-11-15 10:47:16

Det ble i ekstraordinær generalforsamling fredag den 11. november 2011 vedtatt å utbetale kr. 0,15 i ekstraordinært utbytte pr. aksje. Aksjen handles eks. utbytte fom. mandag 14. november 2011.

GENO: GenoMar AS - Avregistreres fra OTC-listen fra og med 19. november

Company news

2011-11-14 14:32:19

Denne meldingen er publisert av Norges Fondsmeglerforbund. Etter anmodning fra selskapet avregistreres GenoMar AS fra OTC-listen fra og med 19. november 2011. Hovedaksjonær (Bonheur og Ganger Rolf) eier nå 86,5 % av aksjene.

AGRI - Minutes of extraordinary general meeting

Company news

2011-11-14 11:06:18

An extraordinary general meeting was held in Agrinos AS on 11 November 2011 in the company's offices in Fornebuveien 1 in the municipality of Baerum, Norway.

Please find the minutes of the extraordinary general meeting attached.


Investor contact
Hellek Bråthen, CFO
Cellular: +47 450 46 037
E-mail: hellek.braathen@agrinos.com


About Agrinos
Agrinos is a green technology company committed to improving the productivity and decreasing the environmental impact of modern agriculture. Agrinos' line of High Yield Technology(tm) ("HYT(tm)") products help farmers to practice profitable, high yield sustainable agriculture by providing increased crop productivity, improved efficiency of conventional fertilizer use and decreased environmental footprint. Certified organic and based on Agrinos' proprietary technology, the HYT(tm) products provide these benefits by strengthening the soil-based microbial ecosystem, stimulating crop development at key points in the growth cycle and boosting natural plant resistance to pathogens and threats. With specific solutions for a variety of crop categories, the technology comprising the HYT products have demonstrated its value in more than 1500 trials in key agricultural regions worldwide.

Founded in 2009, Oslo-headquartered Agrinos has grown to include offices and operations in the USA, Mexico, Malaysia, Colombia, Indonesia, Brazil and the People's Republic of China. Agrinos enjoys financial backing from a number of leading international investors and a strong management team lead by its Chairman, Dr. Thorleif Enger.

MOSU: Report 3rd Quarter 2011

Company news

2011-11-11 10:32:13

Please find attached the 3rd Quarter 2011 Report for Mosvold Supply Plc.

For further information contact CEO Torstein Bringa, mob +47 4813 7090.

Pacific Drilling (PDSA) Announces Pricing of Initial Public Offering

Company news

2011-11-11 04:36:28

Altona Mining Limited (ALTM)

Company news

2011-11-10 01:18:55

First ore at the Kylylahti mine. Please click on the link for more details.

(Oslo, 9 november, 2011) Aladdin Oil & Gas Company ASA - Operasjonell oppdatering

Company news

2011-11-09 14:42:14

Ukhta:



Den tredje gassbrønnen 7VDE har blitt tilkoblet rørledning og produserer nå mellom 25-30.000m3/dag.



Som tidligere meddelt ble gassbrønn 4VKD og 5Lk stengt ned i juni grunnet vedlikeholdsarbeid på rørledningen. Etter dette har vann samlet seg i brønnene noe som må fjernes før brønnene kan startes opp igjen. En "squeeze job" har blitt gjennomført i brønn 5LK for å isolere nedre vannsone og dermed redusere vanngjennomtrenging forårsaket av dårlig sement. Under operasjonen satt en pakning seg fast i brønnen og det arbeides nå med å få løs denne. Selskapet vil meddele straks man har noe konklusjon på arbeidet gjennomført.



51km seismikk er blitt skutt i Ukhta. Seismikk operasjonen er ventet å bli gjenopptatt i løpet av desember når bakken fryser. De 51km sammen med 250km gammel 2D seismikk er nå til tolkning og prosessering.



Det forberedes boring av brønn 10a. Brønnen forventes og spuddes etter riggen blir tilgjengelig etter at overhaling av brønn 4VKD og 5LK er gjennomført.





Orenburg:



Brønnen 61 og 91 har en stabil produksjon rundt 150-200 bopd til sammen.



250km 2D seismikk skutt i 2011 er fortsatt til prosessering og tolkning. Det foreløpige syn indikerer tilstedeværelse av flere prospekt inkludert rundt brønnene 35,54,56.





Oslo:



Tracs er blitt hyret inn for å gjennomføre reserve rapporter for alle lisensene som selskapet besitter inkludert Veselovskoye lisensen som ikke har vært gjenstand for en fullstendig reserve oppdatering tidligere.



Selskapet forventer å publisere H1 resultat for 2011 midt i desember.

.



Aladdin Oil & Gas Company ASA er et norskbasert E&P-selskap, med hovedkontor i Oslo, som er notert på OTC-listen til Norges Fondsmeglerforbund under tickerkoden AOGC. Selskapet eier det russiske oljeselskapet OOO Geotechnologia, som besitter tre oljelisenser i Timan Pechora-provinsen i nordvest-Russland, samt selskapet OOO Veselovskoye med tilsammen 5 oljelisenser i Orenburg-området.

(Oslo, November 9th, 2011) Aladdin Oil & Gas Company ASA - Operational update

Company news

2011-11-09 14:41:18

Ukhta:



The 3rd gas well 7VDE has been connected to the pipeline and is currently producing around 25-30000m3/day.



As previously announced the gas wells 4VKD and 5LK have been shut in since June due to pipeline maintenance carried out by pipeline operator. Water is accumulating in the wellbore which has to be removed prior to starting up the wells. A squeeze job has been carried out on well 5LK to isolate lower water zone and reduce the water inflow caused by bad cement. However during the operation the packer got stuck and work is ongoing to remove the packer now. The Company will announce the result as soon as any conclusion is made.



51km seismic have been completed in Ukhta. The seismic survey is expected to start again during December when the ground is frozen. The 51km along with 250km old 2D seismic is being processed currently.



Preparation work is being carried out on well 10a. The spudding of the well 10a is expected to be carried out after the drilling rig becomes available following the workover and squeeze operations on wells 4VKD and 5LK.





Orenburg:



The wells 61 and 91 on Nikiferovskoye field have a stable production of 150-200 bopd combined.



The 250km 2D seismic shot in 2011 is still being processed and interpreted. The preliminary view supports the presence of several prospects including around wells 35,56,54.





Oslo:



TRACS has been hired to carry out reserves audit of all licenses held by the Company including Veselovskoye license which has not been audited earlier.



The Company also expects to publish H1 figures for 2011 mid December.





Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds three licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

Ligningskurs for 2010 (BUDS)

Company news

2011-11-09 12:36:27

Ligningskursen for 2010 er kr. 19,94 pr. aksje i Asker og Bærums Budstikke ASA. Les mer om selskapets ligningsverdi på selskapets investor relations sider.

MOSU- Offer to acquire shares and convertible bonds

Company news

2011-11-09 10:26:11

Reference is made to the notification regarding the offer from Mosvold Shipping Holding to acquire shares and convertible bonds in Mosvold Supply Plc. ("MOSU") issued on 3rd October 2011.

In total, shareholders holding 1,061,900 shares accepted the offer. The finalization and settlement of shares under the offer is expected to take place on or about 14th November 2011. Following the settlement of this offer, Mosvold Shipping Holding Limited will hold 69.06% of the shares in MOSU.

BASSDRILL LTD - Q3 2011 REPORT

Company news

2011-11-08 13:03:18

Please find attached the unaudited interim report for Q3 2011.

Highlights:

- BassDrill Alpha (25.26% ownership) - commenced operation with Total E&P Congo late October for a 6 well drilling contract, with extension provisions for up to 6 wells in the Republic of Congo. Ownership increased by acquistion of 1.88% in August.

- BassDrill Beta (100% ownership) - construction on schedule with expected delivery early Q1 2013. Following delivery from the yard the vessel will mobilize directly to Brazil and commence a 945 day drilling contract for Petrobras on the Papa Terra field.

- The market for tender assists continues to remain strong with increasing tendering activity, and indications point toward sustained improvement going forward.

- Due to the present prevailing turmoil in the financial markets, the Board of Directors have decided to defer the planned Initial Public Offering (IPO) until first half 2012, providing the financial markets at that time is more favorable for an IPO to be executed.

For further information, please contact:
Kerry R. Kunz, CEO, BassDrill Ltd - tel: +1 832 715 2465.
Ole Geir Hagen, acting CFO, tel. +47 2300 1009 or +47 9760 0380

Ocean Rig UDW Inc. (OCRG)

Company news

2011-11-07 22:19:55

TCC Extraordinary General Assembly

Company news

2011-11-07 17:18:47

The Board of Directors convenes an Extraordinary General Assembly of The Containership Company ASA to take place on Thursday 24th November 2011 at 12.00 noon at the company's offices at Strandveien 50, 1366 Lysaker.

Registration from 11.30 am.

The formal invitation dated 2 November, 2011, attached, was distributed by mail and will be available on www.containership-company.com

Pacific Drilling (PDSA) Provides Preliminary Prospectus

Company news

2011-11-07 12:55:03

Pacific Drilling (PDSA) Launches Initial Public Offering of Common Shares

Company news

2011-11-07 12:53:32

Q3 2011 Remora AS

Company news

2011-11-07 10:28:58

Please find enclosed Remora AS report for Q3-2011.

Pacific Drilling (PDSA) Announces Publication of the Notice of Extraordinary General Meeting of Shareholders

Company news

2011-11-04 16:52:31

Ocean Rig UDW Inc. (OCRG)

Company news

2011-11-04 14:21:37

AGRI - Notification of trades

Company news

2011-11-04 08:19:58

Thoeng AS, a company controlled by the chairman of Agrinos AS, Dr. Thorleif Enger, has entered into a binding agreement to purchase 250,000 shares in Agrinos AS at a price of NOK 25 per share in accordance with a preexisting option agreement entered into between Thoeng AS and Korrigan Holdings AS (a company controlled by Executive Vice President - Business Development and Strategy and founder Aaron Powers) and KB Management AS (a company controlled by the Executive Vice President - Business Area East and EMEA, Director and founder Kjetil Bøhn).

In order to finance the purchase, Thoeng AS has sold 90,000 shares from its existing holding at a price of NOK 40 per share.

Following the completion of these transactions, Thoeng AS will increase its holdings in the Company to a total of 1,873,077, constituting 5.90% of the issued share capital.

Korrigan Holdings AS will after this sale hold a total of 4,316,904 shares in Agrinos AS, constituting 13.61% of the share capital of Agrinos AS.

KB Management AS will after this sale hold a total of 3,626,741 shares in Agrinos AS, constituting 11.43% of the share capital of Agrinos AS.

All the above holdings are stated as prior to the share capital increase as notified in the Agrinos news release dated 3 November 2011.

AGRI - Notice of an extraordinary shareholders meeting in Agrinos AS

Company news

2011-11-03 20:28:45

The Board of Directors hereby gives notice of an extraordinary Shareholders' Meeting to be held 11 November 2011 at 12:00 hours CET in the company's offices in Fornebuveien 1 in Bærum, Norway.

Please note that the date of the general meeting is 11 November 2011 and not 10 November 2011 as indicated in the release published on the morning of 3 November 2011 regarding completion of the private placement.

Please find notice attached.


For more information please contact:

Hellek Bråthen, CFO Agrinos
Cellular: +47 450 46 037
E-mail: Hellek.Braathen@agrinos.com


About Agrinos

Agrinos is a green technology company committed to improving the productivity and decreasing the environmental impact of modern agriculture. Agrinos' line of High Yield Technology(tm) ("HYT(tm)") products help farmers to practice profitable, high yield sustainable agriculture by providing increased crop productivity, improved efficiency of conventional fertilizer use and decreased environmental footprint. Certified organic and based on Agrinos' proprietary technology, the HYT(tm) products provide these benefits by strengthening the soil-based microbial ecosystem, stimulating crop development at key points in the growth cycle and boosting natural plant resistance to pathogens and threats. With specific solutions for a variety of crop categories, the technology comprising the HYT products have demonstrated its value in more than 1500 trials in key agricultural regions worldwide.

Founded in 2009, Oslo-headquartered Agrinos has grown to include offices and operations in the USA, Mexico, Malaysia, Colombia, Indonesia, Brazil and the People's Republic of China. Agrinos enjoys financial backing from a number of leading international investors and a strong management team lead by its Chairman, Dr. Thorleif Enger.


Disclaimer

This announcement contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements contained in this announcement, including assumptions, opinions and views of the Company or cited from third party sources are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. Neither the Company, nor any of their parent or subsidiary undertakings or any such person's officers or employees provides any assurance that the assumptions underlying such forward-looking statements are free from errors nor does any of them accept any responsibility for the future accuracy of the opinions expressed in this announcement or the actual occurrence of the forecasted developments. No obligation, except as required by law, is assumed to update any forward-looking statements or to conform these forward-looking statements to our actual results.

NSOL: Norsk Solkraft AS - Flyttes til B-listen

Company news

2011-11-03 10:15:27

Denne meldingen er publisert av Norges Fondsmeglerforbund. Som følge av selskapets melding om oppbud 31.10.2011, flyttes selskapet til B-listen for en kortere periode.

AGRI - Agrinos: Completed Private Placement

Company news

2011-11-03 08:49:22

THIS PRESS RELEASE MAY NOT BE DISTRIBUTED IN, OR TO ANY PERSON RESIDENT IN THE U.S., CANADA, AUSTRALIA OR JAPAN OR TO ANY AMERICAN CITIZEN EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT OF 1933. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF APPLICABLE SECURITIES LEGISLATION.

Reference is made to the press release dated 20 October 2011 regarding a contemplated Private Placement of shares in Agrinos AS ("Agrinos" or the "Company").

The Company is pleased to announce that the Private Placement was closed on 2 November 2011. The Company will issue 5,311,000 new shares at NOK 40 per share, raising gross proceeds of ~NOK 212 million (~USD 38 million).

The Private Placement is subject to the approval by an extraordinary general meeting of the Company, which will be held on 10 November 2011.

The net proceeds of the Private Placement will be used to; 1) increase production capacity to supply Agrinos' expected deliveries into the MasAgro program, 2) to meet expected increased demand for Agrinos' products in other markets, 3) to build working capital, and 4) for general corporate purposes.

"Agrinos is currently making significant progress and this capital raise further strengthens our momentum. We appreciate the confidence that existing shareholders and the new high quality investors have shown us, underscored by the completion of the transaction in the high end of the range" said Tom Einar Rysst-Jensen, Chief Executive Officer of Agrinos.

RS Platou Markets AS has acted as Sole Manager and Bookrunner.


For further information, please contact:

Tom Einar Rysst-Jensen, CEO Agrinos
Cellular: +47 977 94 958
E-mail: tom.rysst-jensen@agrinos.com

Hellek Bråthen, CFO Agrinos
Cellular: +47 450 46 037
E-mail: Hellek.Braathen@agrinos.com


About Agrinos

Agrinos is a green technology company committed to improving the productivity and decreasing the environmental impact of modern agriculture. Agrinos' line of High Yield Technology(tm) ("HYT(tm)") products help farmers to practice profitable, high yield sustainable agriculture by providing increased crop productivity, improved efficiency of conventional fertilizer use and decreased environmental footprint. Certified organic and based on Agrinos' proprietary technology, the HYT(tm) products provide these benefits by strengthening the soil-based microbial ecosystem, stimulating crop development at key points in the growth cycle and boosting natural plant resistance to pathogens and threats. With specific solutions for a variety of crop categories, the technology comprising the HYT products have demonstrated its value in more than 1500 trials in key agricultural regions worldwide.

Founded in 2009, Oslo-headquartered Agrinos has grown to include offices and operations in the USA, Mexico, Malaysia, Colombia, Indonesia, Brazil and the People's Republic of China. Agrinos enjoys financial backing from a number of leading international investors and a strong management team lead by its Chairman, Dr. Thorleif Enger.

www.agrinos.com


Disclaimer

This announcement contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements contained in this announcement, including assumptions, opinions and views of the Company or cited from third party sources are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. Neither the Company, nor any of their parent or subsidiary undertakings or any such person's officers or employees provides any assurance that the assumptions underlying such forward-looking statements are free from errors nor does any of them accept any responsibility for the future accuracy of the opinions expressed in this announcement or the actual occurrence of the forecasted developments. No obligation, except as required by law, is assumed to update any forward-looking statements or to conform these forward-looking statements to our actual results.

Oslo Børs VPS Holding ASA - 3. kvartal 2011

Company news

2011-11-03 08:20:34

Oslo Børs VPS Holding oppnådde i 3. kvartal 2011 et overskudd på MNOK 60 (MNOK 55). Akkumulert for 2011 er overskuddet MNOK 189 (MNOK 218).

For mer detaljert gjennomgang av regnskapstallene og de ulike enhetene i konsernet, se den fullstendige kvartalsrapporten (vedlagte link til IR-sidene).

Markedsuroen i 3. kvartal 2011 har medført et noe høyere aktivitetsnivå enn i samme periode i 2010. Oslo Børs VPS har dog i løpet av perioden erfart et mer tilspisset konkurransebilde og en reduksjon i markedsandel på handel i egenkapitalinstrumenter.

Inntektene i 3. kvartal 2011 er MNOK 13 høyere enn inntektene i samme periode i 2010. Det er vekst i inntektene innen alle forretningsområder i kvartalet. Hittil i år er inntektene i VPS redusert med MNOK 43. Inntekter fra oppgjørsområdet i VPS er redusert med MNOK 55 som følge av innføring av sentral motpart for egenkapitalinstrumenter i juni 2010.

Kostnader før amortiseringer av merverdier og nedskrivninger i kvartalet er på samme nivå som tilsvarende periode i 2010. Akkumulert er kostnadene i 2011 MNOK 14 høyere enn i 2010. Korrigert for engangsposter og aktivering av interne ressurser i alle perioder, er kostnadene i både 3. kvartal og akkumulert MNOK 5 høyere enn i samme perioder i 2010.

Konsernets inntekter varierer i takt med aktivitetsnivået. Oslo Børs VPS har til hensikt å ha en prisstruktur som er konkurransedyktig og som fremmer aktiv bruk av konsernets tjenester. Det antas at konkurransen fortsatt vil øke i tiden fremover. Oslo Børs VPS vil også fremover vurdere endringer i enkelte av sine avgifter / priser og effektivisering av organisasjon og tjenester som vil komme kundene til gode.

I 2012 forventes betalbare kostnader å øke noe i forbindelse med planlagte prosjekter knyttet til nytt handelssystem på Oslo Børs.



For ytterligere informasjon:
Økonomidirektør Geir Heggem, tlf. 22 34 17 22 / 952 38 811
Kommunikasjonsdirektør Per Eikrem, tlf. 22 34 17 40 / 930 60 000

Oslo Børs VPS Holding ASA - 3rd quarter 2011

Company news

2011-11-03 08:17:56

Oslo Børs VPS Holding reports a profit of NOK 60 million for the third quarter of 2011 (NOK 55 million). Profit for the first nine months of 2011 totalled NOK 189 million (NOK 218 million).

A more detailed presentation by business areas is provided in the quarterly report.

Turbulent market conditions in the third quarter resulted in a somewhat higher level of market activity than in the same period in 2010. However, Oslo Børs VPS experienced more intense competition in the quarter, with a reduction in its market share of trading in equity capital instruments.

Revenue in the third quarter of 2011 was NOK 13 million higher than in the same quarter of 2010. All business areas reported growth in revenue for the third quarter. For the year to date, VPS has seen a reduction of NOK 43 million in total revenue. Revenue from the VPS settlements area has fallen by NOK 55 million as a result of the introduction of a central counterparty for equities in June 2010.

Operating expenses before amortisations and write-downs of excess value for the third quarter were in line with the same period in 2010. Operating expenses for the first nine months of 2011 were NOK 14 million higher than in the same period of 2010. After adjusting for non-recurring costs and changes to capitalised costs in all periods, operating expenses for both the third quarter and the first nine months of 2011 were NOK 5 million higher than in the same periods in 2010.

The group's operating revenue varies in line with activity levels. Oslo Børs VPS is committed to offering a pricing structure that is competitive and that encourages active use of the group's services. Competition is expected to continue to increase. Oslo Børs VPS will also in the future consider adjusting certain of its fees and prices, as well as further measures to improve the efficiency of its services for the benefit of its customers.

Costs payable are expected to increase somewhat in 2012 due to projects that are planned in respect of the Oslo Børs new trading system.


For further information, please contact:
CFO Geir Heggem, tel. +47 22 34 17 22 / +47 952 38 811
SVP Corporate Communications Per Eikrem, tel. +47 22 34 17 40 / +47 930 60 000

HITI - salg av aksjene i Cetix Group AS

Company news

2011-11-02 09:01:19

Hitec Industries har inngått avtale med Ulmatec gruppen om salg av aksjene i porteføljeselskapet Cetix Group AS. Cetix Group ble etablert av Hitec Industries i 2006 og har hatt en solid vekst siden oppstarten med en omsetning i 2010 på over NOK 90 mill. Se også vedlagte pressemelding.

NADL - POSTPONES LISTING ON OSLO STOCK EXCHANGE

Company news

2011-11-02 08:30:03

Hamilton, Bermuda, November 2, 2011 - On October 5, 2011, North Atlantic
Drilling Ltd filed an application for listing of its shares on the Oslo Stock
Exchange targeting November 4, 2011 as the first day of listing.

During the listing process various matters needing further clarification have
emerged including Norwegian tax calculations*, the relationship with Seadrill,
some accounting treatments as well as the free float and the share price level
compared to listing requirements. The Board of North Atlantic Drilling Ltd will
meet to conclude these issues and to discuss the possibilities to list the
shares at a higher profile stock exchange in London or New York. These
discussions will also include an evaluation of several strategic alternatives
for the Company. The Company has therefore decided to withdraw its current
application for listing of its shares on the Oslo Stock Exchange. A final
decision is expected to be communicated to the market within the next thirty
days. The Board is committed to a strategy where the liquidity in the trading of
the North Atlantic Drilling shares will increase, or alternatively where
significant additional value can be created for shareholders through a corporate
transaction.

The Board is pleased with the performance of the Company and is excited about
the tightening market for harsh environment drilling units. The Company is
actively pursuing new growth opportunities in both the jack-up and the floater
markets.

* The tax issues have been described in Seadrill Limited's disclosures, most
recently on page F22 in the 20-F filing to the SEC, dated April 29, 2011.


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: North Atlantic Drilling Limited via Thomson Reuters ONE

[HUG#1560037]

NADL - Postpones listing on Oslo Stock Exchange

Company news

2011-11-02 08:26:20

Hamilton, Bermuda, November 2, 2011 - On October 5, 2011, North Atlantic Drilling Ltd filed an application for listing of its shares on the Oslo Stock Exchange targeting November 4, 2011 as the first day of listing.

During the listing process various matters needing further clarification have emerged including Norwegian tax calculations*, the relationship with Seadrill, some accounting treatments as well as the free float and the share price level compared to listing requirements. The Board of North Atlantic Drilling Ltd will meet to conclude these issues and to discuss the possibilities to list the shares at a higher profile stock exchange in London or New York. These discussions will also include an evaluation of several strategic alternatives for the Company. The Company has therefore decided to withdraw its current application for listing of its shares on the Oslo Stock Exchange. A final decision is expected to be communicated to the market within the next thirty days. The Board is committed to a strategy where the liquidity in the trading of the North Atlantic Drilling shares will increase, or alternatively where significant additional value can be created for shareholders through a corporate transaction.

The Board is pleased with the performance of the Company and is excited about the tightening market for harsh environment drilling units. The Company is actively pursuing new growth opportunities in both the jack-up and the floater markets.

* The tax issues have been described in Seadrill Limited's disclosures, most recently on page F22 in the 20-F filing to the SEC, dated April 29, 2011.

Norsk Solkraft AS (NSOL) - melding om oppbud

Company news

2011-10-31 18:47:51

Italia er hovedmarkedet for Norsk Solkraft og det ble i mai 2011 innført et nytt regelverk som regulerer støtte til solenergi, den såkalte Conto Energia IV loven. Konsekvensen av denne endringen materialiserte seg med vesentlig begrensninger i hvilke prosjekter som ble godkjente innenfor det nye regelverket. Den betydelige usikkerhet dette skapte i det Italienske markedet forårsaket at Norsk Solkraft's emisjons- og finansieringsprosess stoppet opp. Initiativ og diskusjoner om strukturelle muligheter innen solkraftindustrien ble av samme grunn mindre realistiske.

I en gjennomgang av regnskapstallene i 3 kvartal mente styret at det var behov for en betydelig finansiell restrukturering av aktiva og at egenkapitalen ville bli negativ som følge av dette. Forslag til plan omfattet at gjeld i selskapet skulle konverteres til egenkapital, det skulle gjennomføres en emisjon og det skulle vurderes en fusjon med et eksternt selskap. Det var ikke tilstrekkelig vilje fra nye og eksisterende aksjonærer til å finne løsninger for en finansiell restrukturering av selskapet.

Den totale gjelden i Norsk Solkraft AS overstiger verdiene i selskapet og det mangler likviditet. Styret i Norsk Solkraft har derfor i styremøte den 27. oktober 2011 vedtatt at selskapet skal melde oppbud.

EASY - Easy Connect AS - kvartalstall 2011

Company news

2011-10-31 13:04:37

Easy Connect AS : Q3 2011
--------------------------------
(tall i hele tusen)

Driftsinntekter: NOK 4.710
EBITDA: NOK 540
Driftsresultat: NOK (889)
Resultat: NOK (1.218)

Hovedtall for de tre første kvartal av 2011 finnes i vedlagte pdf-dokument.

Altona Mining Limited (ALTM)

Company news

2011-10-31 09:46:58

Notice of change of interests of substantial holder - L1 Capital Pty Limited. Please click on the link for more details.

Kapitalforhøyelse ved kontantinnskudd

Company news

2011-10-28 12:56:45

I henhold til beslutning om styrefullmakt gitt på ordinær generalforsamling 29.06.2011 skal kapitalforhøyelse gjennomføres på følgende vilkår:

*Tegningsperiode: 10.10.2011 - 15.11.2011
*Emisjonsbeløp: minimum NOK 3.000.000 - maksimum NOK 9.762.200
*Antall Aksjer: inntil 1.394.000 stk
*Kurs: NOK 7
*De nye aksjene gir rett til utbytte fra 2011

Rapport for 3. kvartal 2011 yA Holding

Company news

2011-10-28 10:20:16

Rapport for 3. kvartal 2011 yA Holding

Cortendo AB (publ) - EPO Patent Approval_Oct 2011

Company news

2011-10-27 13:17:38

AGRI - Agrinos announces three new members of executive management team

Company news

2011-10-27 07:44:08

* Agrinos aligns organisational capabilites with the ongoing international expansion of its business operations

* Mrs Ellen Cathrine Rasmussen appointed Executive Vice President, to focus on further developing the group's industrial structure

* Mr. Kristian Østberg appointed Chief Legal Officer

* Mr. Angel Castanon appointed Executive Vice President; Business Unit West, comprising the US, Latin and South America

"Adding capabilities to the management team is an important part of Agrinos' growth strategy. The hiring of two new internationally experienced senior executives and the appointment of a third reflects the company's continued progress and expansion. These three strengthen the organization's industrialized structure and I am confident that their focus on solidifying Agrinos' operating platform and value chain will help us accomplish strong, sustainable growth in the years to come ", said Tom Einar Rysst-Jensen, Agrinos' Chief Executive Officer.

Mrs. Ellen Cathrine Rasmussen, appointed Executive Vice President, will support the general Agrinos group management in further developing the group's industrial structure and organizational effectiveness. Mrs. Rasmussen joined Agrinos in October 2011, from her previous position of Vice President of Strategy at Norske Skog ASA, a publicly listed, global producer of newsprint and magazine paper. Previously, Mrs. Rasmussen spent eleven years with Norsk Hydro ASA, a publicly listed global supplier of aluminium where her final position was Senior Vice President, Strategy and Business Development. Mrs. Rasmussen brings with her experience in management of people and stakeholders, business development, raw material sourcing and sales in different international business environments. This experience was developed through a number of resource based industries such as petrochemicals, aluminum and biofuels. Before her business career, she spent five years as an Officer and later Advisor with the Norwegian Ministry of Trade and Industry. Mrs. Rasmussen is a Board member of the research institution SINTEF and of the Norwegian state enterprise for carbon capture and storage - Gassnova SF. Mrs. Rasmussen holds a Master's degree in Economics from the University of Oslo and resides in Oslo, Norway.

Mr. Kristian Østberg, appointed Chief Legal Officer, joined Agrinos in September 2011 and came from the position as General Counsel of STX OSV, a Singapore stock exchange listed, global design and shipbuilding group, majority owned by the Korean STX Group. During more than 10 years in the role as in-house counsel Østberg has worked internationally with trade, shipping and investment projects, including eight years with Oslo stock exhange listed Norsk Hydro ASA. He brings broad experience from a wide industrial practice in commercial law, covering areas from contract negotiation to litigation and M&A. Before joining the industry as in-house counsel, he worked four years in the lawfirm Vogt & Wiig in Oslo. Mr. Østberg holds a law degree from the University of Oslo and resides in Oslo, Norway.

Mr. Angel F. Castañon, appointed Executive Vice President and head of the Business Units West, compromising the US, Latin and South America, joined Agrinos (Bioderpac at that time) in mid 2007. Prior to the recent appointment he was Agrinos' CEO for the Americas. Mr. Castañon background includes ample experience in agribusiness for over 15 years and active involvement in the development of part of the HYT(tm) technologies as Marketing Director at Bioderpac S.A. de C.V. Mr. Angel F. Castañon holds a BSBA degree in Business Administration from Georgetown University, Washington D.C., postgraduate studies in Finance from the Instituto Tecnologico de Monterrey, Mexico, as well as accounting from Northwestern University (Kellog School of Management), Chicago. He resides in Navojoa, Sonora, Mexico.

The changes to Agrinos' executive management team have been effectuated and the team consists of the following members today:

* Mr. Tom Einar Rysst-Jensen - Chief Executive Officer
* Mr. Karl Reiner Fick - Chief Technology Officer
* Mr. Hellek Bråthen - Chief Financial Officer
* Mr. Kristian Østberg - Chief Legal Officer
* Mr. Aaron Powers - Executive Vice President; Business Development and Strategy
* Mr. Ángel Castañon - Executive Vice President; Business Area West
* Mrs. Ellen Cathrine Rasmussen - Executive Vice President
* Mr. Kjetil Bøhn - Executive Vice President; Business Area East and EMEA
* Mr. Martin Nore - Head of Operations


For more information please see Agrinos' website: www.agrinos.com


Contact information:

Tom Einar Rysst-Jensen, CEO Agrinos
Cellular: +47 977 94 958
E-mail: tom.rysst-jensen@agrinos.com

Hellek Bråthen, CFO Agrinos
Cellular: +47 450 46 037
E-mail: Hellek.Braathen@agrinos.com


About Agrinos

Agrinos is a green technology company committed to improving the productivity and decreasing the environmental impact of modern agriculture. Agrinos' line of High Yield Technology(tm) ("HYT(tm)") products help farmers to practice profitable, high yield sustainable agriculture by providing increased crop productivity, improved efficiency of conventional fertilizer use and decreased environmental footprint. Certified organic and based on Agrinos' proprietary technology, the HYT(tm) products provide these benefits by strengthening the soil-based microbial ecosystem, stimulating crop development at key points in the growth cycle and boosting natural plant resistance to pathogens and threats. With specific solutions for a variety of crop categories, the technology comprising the HYT products have demonstrated its value in more than 1500 trials in key agricultural regions worldwide.

Founded in 2009, Oslo-headquartered Agrinos has grown to include offices and operations in the USA, Mexico, Malaysia, Colombia, Indonesia, Brazil and the People's Republic of China. Agrinos enjoys financial backing from a number of leading international investors and a strong management team lead by its Chairman, Dr. Thorleif Enger.


Disclaimer

This announcement contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements contained in this announcement, including assumptions, opinions and views of the Company or cited from third party sources are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. Neither the Company, nor any of their parent or subsidiary undertakings or any such person's officers or employees provides any assurance that the assumptions underlying such forward-looking statements are free from errors nor does any of them accept any responsibility for the future accuracy of the opinions expressed in this announcement or the actual occurrence of the forecasted developments. No obligation, except as required by law, is assumed to update any forward-looking statements or to conform these forward-looking statements to our actual results.

Altona Mining Limited (ALTM)

Company news

2011-10-27 03:20:49

Appendix 3B. Please click on the link for more details.

Guard Systems ASA - Kvartalsrapport Q3/11 (GUSY)

Company news

2011-10-26 12:15:26

Kvartalsrapport Q3/11 for Guard Systems ASA er klar. Se vedlagte PDF.

Med vennlig hilsen
Guard Systems ASA

WIND - Rapport 3. kvartal 2011

Company news

2011-10-26 08:40:18

Vedlagt følger Winder AS' kvartalsrapport og konsernregnskap for 3. kvartal 2011.

Altona Mining Limited (ALTM)

Company news

2011-10-26 03:41:08

Mining 2011 Resources Convention Brisbane Presentation. Please click on the link for more details.

Fjerning av aksje: Vision Company AS (VISI)

Corporate actions

2011-10-25 15:08:01

Vision Company AS (ISIN:NO0010270630, ticker VISI) er fjernet fra handelsstøttesystemet

Fjerning av aksje: Thule Drilling AS (THUL)

Corporate actions

2011-10-25 15:07:12

Thule Drilling AS (ISIN:NO0010263056, ticker THUL) er fjernet fra handelsstøttesystemet

Fjerning av aksje: Ocean Hotels Plc. (OCEA)

Corporate actions

2011-10-25 15:06:26

Ocean Hotels Plc. (ISIN:CY0110411010, ticker OCEA) er fjernet fra handelsstøttesystemet

Fjerning av aksje: FPS Ocean AS (FPSO)

Corporate actions

2011-10-25 15:05:44

FPS Ocean AS (ISIN:NO0010313596, ticker FPSO) er fjernet fra handelsstøttesystemet

Altona Mining Limited (ALTM)

Company news

2011-10-25 03:19:34

Quarterly Report - 30 September 2011. Please click on the link for more details.

AGRI - Agrinos AS - Contemplated private placement

Company news

2011-10-20 14:02:45

Agrinos AS ("Agrinos" or the "Company") has, as announced on 19 September 2011, been named as supplier to MasAgro, the Mexican governmental ten year program to improve agricultural performance and sustainability on a national scale. On 4 October 2011, Agrinos announced that the Company had received its first binding purchase order under the MasAgro program for a volume of its High Yield Technology products sufficient to treat 1 million hectares of land over the next four months. Further, on 19 October 2011, Agrinos announced a technical collaboration with the major Brazilian agricultural research institution Embrapa and the NYSE-listed South America based agricultural company Adecoagro.

As a consequence of the significant increase in demand for Agrinos' products in Mexico, as well as the Company's strategic progress in several regions in the world, Agrinos has decided to increase its production capacity. Consequently, Agrinos has retained RS Platou Markets AS as Sole Manager and Bookrunner to advice on and effect a contemplated private placement (the "Private Placement") of new shares raising gross proceeds between USD 30 million - USD 40 million.

The net proceeds of the Private Placement will be used to; 1) increase production capacity to supply Agrinos' expected deliveries into the MasAgro program, 2) to meet expected increased demand for Agrinos' products in other markets, 3) to build working capital, and 4) for general corporate purposes.

The Private Placement will be directed towards International and Norwegian institutional and professional investors. The order price will be set through a bookbuilding process, with an indicative price range between NOK 40 and NOK 55 per share. The application period commences 24 October 2011 at 09:00 CET and will close on 4 November 2011 at 17:30 CET. The Company may, however, at any time resolve to close or extend the application period at its own discretion. The minimum order and allocation in the Private Placement has been set to the number of shares that equals an aggregate purchase price of at least the NOK equivalent of EUR 50,000.

The Private Placement will be subject to the approval by the Extraordinary General Meeting expected to be held early November 2011.


For further information, please contact:

Tom Einar Rysst-Jensen, CEO Agrinos
Cellular: +47 977 94 958
E-mail: tom.rysst-jensen@agrinos.com

Hellek Bråthen, CFO Agrinos
Cellular: +47 450 46 037
E-mail: Hellek.Braathen@agrinos.com

SFL - Sale of vessel and charter termination compensation from Frontline

Company news

2011-10-20 08:30:03

Press release from Ship Finance International Limited, October 20, 2011

Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or the "Company"),
today announced that it has agreed to sell the 20-year old combination carrier
Front Striver to an unrelated third party and has simultaneously agreed to
terminate the corresponding charter party with a subsidiary of Frontline Ltd.
("Frontline").

Delivery to the new owner is expected to be in October 2011 and Ship Finance
expects to receive net proceeds of approximately $18.7 million including a $8.1
million charter termination compensation payment from Frontline. As a result of
the sale, the Company expects to record a book gain of approximately $2.3
million in the fourth quarter of 2011.


October 20, 2011

The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda


 Questions should be directed to:

Investor and Analyst Contacts:
Eirik Eide, Chief Financial Officer, Ship Finance Management AS
+47 23114006 / +47 95008921

Magnus T. Valeberg, Vice President, Ship Finance Management AS
+47 23114012 / +47 93440960


Media Contact:
Ole B. Hjertaker, Chief Executive Officer, Ship Finance Management AS
+47 23114011 / +47 90141243


About Ship Finance

Ship Finance is a major ship owning company listed on the New York Stock
Exchange (NYSE: SFL). Including newbuildings, the Company has a fleet of 72
vessels, including 28 crude oil tankers (VLCC and Suezmax), two chemical
tankers, five oil/bulk/ore vessels, 12 drybulk carriers including seven
newbuildings, 15 container vessels, six offshore supply vessels, one jack-up
drilling rigs, one ultra-deepwater drillship and two ultra-deepwater semi-
submersible drilling rigs. The fleet is one of the largest in the world and most
of the vessels are employed on long-term charters.

More information can be found on the Company's website: www.shipfinance.org





Cautionary Statement Regarding Forward Looking Statements

This press release may contain forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends. Although Ship Finance believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, Ship Finance cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions.

Important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in this presentation include the strength
of world economies and currencies, general market conditions including
fluctuations in charter hire rates and vessel values, changes in demand in the
tanker market as a result of changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, changes in the Company's operating
expenses including bunker prices, dry-docking and insurance costs, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the United States
Securities and Exchange Commission.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1556386]

Compello AS (CPLO) Utbetaling av utbytte

Company news

2011-10-20 08:22:54

Det ble i ekstraordinær generelforsamling vedtatt å utbetale kr 4 i utbytte pr aksje.

Cortendo AB (publ)_Quarterly Report Q3 2011

Company news

2011-10-19 21:20:12

AVIR: A-Viral AS - Flyttes til B-listen

Company news

2011-10-19 15:13:32

Denne meldingen er publisert av Norges Fondsmeglerforbund. Ettersom A-Viral AS ikke har overholdt sine betalings- og informasjonsforpliktelser i henhold til selskapets registrering på OTC-listen, vil selskapet bli flyttet ned til B-listen med umiddelbar virkning.

(Oslo, 19. oktober, 2011) Aladdin Oil & Gas Company ASA - Gassbrønn 7vde satt i produksjon

Company news

2011-10-19 09:58:54

Aladdin Oil & Gas Company ASA meddeler at brønn 7VDE på MS gassfeltet er satt i produksjon. Brønnen ble tidligere i år boret og testet. Produksjonen er enda i tidlig fase så selskapet vil komme tilbake til produksjonsrater ved en senere anledning.

Brønnen ble boret og testet tidligere i år. Siden det er det blitt jobbet med infrastruktur som nå er ferdigstilt.

Brønn 4VKD og 5LK på gassfeltet er fortsatt under overhaling og forventes i produksjon i desember.

Aladdin Oil & Gas Company ASA er et norskbasert E&P-selskap, med hovedkontor i Oslo, som er notert på OTC-listen til Norges Fondsmeglerforbund under tickerkoden AOGC. Selskapet eier det russiske oljeselskapet OOO Geotechnologia, som besitter tre oljelisenser i Timan Pechora-provinsen i nordvest-Russland, samt selskapet OOO Veselovskoye med tilsammen 5 oljelisenser i Orenburg-området.

(Oslo, October 19th, 2011) Aladdin Oil & Gas Company ASA - Gas well 7VDE put on stream. Corrected message.

Company news

2011-10-19 09:58:22

Aladdin Oil & Gas Company announces that gas well 7VDE on the gas field in Ukhta has been put on stream. The production is still in an early phase so the company will confirm production rates at a later stage.

The well was drilled and tested earlier this year. Since then the Company has been working on infrastructure which now is completed.

The work over is still ongoing for wells 4VKD and 5LK on the gas field. Production is expected from these wells in December.



Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds three licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

(Oslo, October 18th, 2011) Aladdin Oil & Gas Company ASA - Gas well 7VDE put on stream

Company news

2011-10-19 09:52:49

Aladdin Oil & Gas Company announces that gas well 7VDE on the gas field in Ukhta has been put on stream. The production is still in an early phase so the company will confirm production rates at a later stage.

The well was drilled and tested earlier this year. Since then the Company has been working on infrastructure which now is completed.

The work over is still ongoing for wells 4VKD and 5LK on the gas field. Production is expected from these wells in December.



Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds three licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

AGRI - Agrinos announces technical collaboration with major Brazilian agricultural research institution and South American agricultural company

Company news

2011-10-19 08:30:13

* Under the umbrella of an MoU, Agrinos and Brazilian Agricultural Research Corporation Embrapa intend to establish multiple formal research programs. The initial program will focus on sugar cane, eucalyptus and recovery of degraded pasture land.

* The parties state their intentions to join efforts to develop and disseminate models of sustainable and competitive industrial-scale agriculture through the use of Agrinos' products and technology.

* Agrinos has also signed a Letter of Intent for technical collaboration with the NYSE-listed agricultural company Adecoagro Brasil Participações S.A. This collaboration will provide a commercially relevant environment for verification of the agricultural models and will also be managed under the umbrella of the MoU signed with Embrapa.


Agrinos announces today that it has signed a Memorandum of Understanding (MoU) with the Brazilian state backed agricultural research institution Embrapa and initiated the process to formalize the first research program under the umbrella of this MoU.

The first research program, to be carried out with Embrapa's research centre located in Campo Grande, Mato Grosso do Sul, will focus on trials within sugarcane production, eucalyptus and recovery of degraded pasture land.

Agrinos has also signed a Letter of Intent (LOI) with the New York Stock Exchange listed company Adecoagro S.A. This collaboration will initially focus on opportunities related to Adecoagro´s farmland production, including sugarcane and cotton. The goal of these relationships is to develop and disseminate models of sustainable and competitive industrial-scale agriculture featuring the use of Agrinos' products and technology. The collaboration seeks to benefit from the parties' respective strengths to assure that these agricultural models are locally adapted, scientifically sound and commercially relevant to the Brazilian market.

"We are very pleased to have earned the confidence of these two important and reputable organizations. The combination of Embrapa's scientific, goal-oriented technical competence and Adecoagro's industry leading approach to the sustainable intensification of agricultural production provides a strong platform for our introduction to the Brazilian market", said Tom Einar Rysst-Jensen, Agrinos' chief executive officer.

The Brazilian Agricultural Research Corporation - Embrapa's mission is to provide feasible solutions for the sustainable development of Brazil's agribusiness. Embrapa has 42 research centres in Brazil and globally, more than nine thousands employees of which 1,600 are PhDs and an annual budget of USD 1 billion.

Embrapa and Agrinos' Brazilian subsidiary "Agrinos do Brasil" have stated their intention to work together on research projects, with the aim of producing technological knowledge to be applied in the development of Brazilian agriculture.

"Embrapa's commitment to developing relevant and practical models of high performance, sustainable agriculture means that we continually explore the viability of new technologies and agricultural models. We believe that Agrinos brings a great potential for helping us achieve many of our land use goals and we look forward to our technical collaboration" commented Dr Cleber Soares, General Chief of Embrapa Gado de Corte.

Adeccoagro operates in the Brazilian State of Mato Grosso do Sul and is a member of the industry association Bioenergy Producers Association of Mato Grosso do Sul ("BioSul"). BioSul represents the majority of the sugar cane and ethanol producers in the State of Mato Grosso do Sul, equal to an annual production capacity of 35 million tonnes of sugarcane. A key focus of BioSul is on realizing efficiencies within the sugar cane value chain and to support the industry's sustainability initiatives.

Mr Roberto Hollanda Filho, President of Biosul, welcomes the initiatives: "The sugar cane and ethanol industry in the state is eagerly seeking technology innovation and is anxious to establish a partnership with Agrinos and to learn more about its fascinating technology, which goes hand in hand with the sector´s focus on sustainable sugar cane and ethanol production."

Mato Grosso do Sul currently produces sugarcane on 500,000 hectares and according to Mr Hollanda "the further potential of the state is significant. It has around 8 million hectares of grazing land and can expand its activity significantly with no threat to the environmental heritage or the food production in the state. Mato Grosso do Sul may become the second largest producing state of sugar cane in Brazil over the three or four coming seasons."



For more information please contact:

Tom Einar Rysst-Jensen, CEO Agrinos
Cellular: +47 977 94 958
E-mail: tom.rysst-jensen@agrinos.com

Hellek Bråthen, CFO Agrinos
Cellular: +47 450 46 037
E-mail: Hellek.Braathen@agrinos.com



About Embrapa:

Founded in 1973, The Brazilian Agricultural Research Corporation's mission is to provide feasible solutions for the sustainable development of Brazil's agribusiness, by sharing knowledge and generating new technologies. Embrapa is headquartered in Brasilia-DF, Brazil and has 42 Research Centers distributed in different states of Brazil and offices in the U.S., France, The Netherlands, Great Britain, South Korea and Ghana.

Embrapa, through its association with the Brazilian Ministry of Agriculture, has developed and recommended more than 9,000 technologies for Brazilian agriculture that aid in reducing production costs. Embrapa has also assisted Brazil in increasing its food supplies, while conserving natural resources, the environment, and reducing the nation's dependence on foreign technologies, products and materials.

Embrapa Beef Cattle is a decentralized unit of Embrapa, created in 1977. It keeps a technical cooperation with the National Agriculture Research System and with institutions from Europe, North America, Japan, Australia and with those from countries in South America. Furthermore, it cooperates with higher education institutions and technical schools, as well as with farmers' organizations.


About Adecoagro:

Adecoagro is a leading agricultural company in South America. Adecoagro owns over 283,000 hectares of farmland and several industrial facilities spread across the most productive regions of Argentina, Brazil and Uruguay, where it produces over 1 million tons of agricultural products including corn, wheat, soybeans, rice, dairy products, sugar, ethanol and electricity among others.

Adecoagro's business model is focused on (i) a low-cost production model that leverages growing or producing each of its agricultural products in regions where Adecoagro believes to have competitive advantages, (ii) reducing the volatility of the Company´s returns through product and geographic diversification and use of advanced technology, (iii) benefiting from vertical integration in key segments of the agro-industrial chain, (iv) acquiring and transforming land to improve its productivity and realizing land appreciation through strategic dispositions; and (v) promoting sustainable agricultural production and development.


About BioSul:

Bioenergy Producers Association of Mato Grosso do Sul (Associação dos Produtores de Bionergia de Mato Grosso do Sul)is an industry association formed to consolidate the institutional role of ethanol, sugar and bioelectricity producers within the State of Mato Grosso do Sul.


About Agrinos:

Agrinos is a green technology company committed to improving the productivity and decreasing the environmental impact of modern agriculture. Agrinos' line of High Yield Technology(tm) ("HYT(tm)") products help farmers to practice profitable, high yield sustainable agriculture by providing increased crop productivity, improved efficiency of conventional fertilizer use and decreased environmental footprint. Certified organic and based on Agrinos' proprietary technology, the HYT(tm) products provide these benefits by strengthening the soil-based microbial ecosystem, stimulating crop development at key points in the growth cycle and boosting natural plant resistance to pathogens and threats. With specific solutions for a variety of crop categories, the technology comprising the HYT products have demonstrated its value in more than 1500 trials in key agricultural regions worldwide.
Founded in 2009, Oslo-headquartered Agrinos has grown to include offices and operations in the USA, Mexico, Malaysia, Colombia, Indonesia, Brazil and the People's Republic of China. Agrinos enjoys financial backing from a number of leading international investors and a strong management team lead by its Chairman, Dr. Thorleif Enger.


Supporting resources:

Embrapa website: http://www.embrapa.br/english
Embrapa Beef Cattle: http://www.cnpgc.embrapa.br/english/indexingles.php
Adecoagro website: http://www.adecoagro.com/
BioSul's website: www.biosulms.com.br.
Agrinos website: www.agrinos.com


Disclaimer:

This announcement contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements contained in this announcement, including assumptions, opinions and views of the Company or cited from third party sources are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. Neither the Company, nor any of their parent or subsidiary undertakings or any such person's officers or employees provides any assurance that the assumptions underlying such forward-looking statements are free from errors nor does any of them accept any responsibility for the future accuracy of the opinions expressed in this announcement or the actual occurrence of the forecasted developments. No obligation, except as required by law, is assumed to update any forward-looking statements or to conform these forward-looking statements to our actual results.

NHST Media Group

Company news

2011-10-17 18:38:55

Kvartalsrapport for tredje kvartal 2011

Altona Mining Limited (ALTM)

Company news

2011-10-13 03:10:58

Notice of Change of Interest of Substantial Holder - L1 Capital Pty Limited. Please click on the link for more details.

Norsk Marin Fisk AS - presentasjon - emisjon

Company news

2011-10-12 21:01:33

Vennligst se vedlagte presentasjon.

Planlagte emisjon er garantert minimumstegning på 4 mill til kr 3,- pr aksje. Dato for ekstraordinær generalforsamling er ikke fastsatt, men den vil bli avholdt rundt månedsskiftet oktober/november.

Tegningsblankett og innkalling til ekstraordinær generalforsamling vil bli sendt ut separat.

Eventuelle spørsmål kan rettes til styreleder, Petter Bakke, på telefon 918 71 077 eller e-post petbak@online.no. Daglig leder, Stig Bakke, kan treffes på telefon 975 87 686 / 577 94 855 eller e-post stig@norskmarin.no.

MARACC PRESENTS 2ND QUARTER 2011 REPORT

Company news

2011-10-12 16:08:58

Stavanger, 12th October 2011
Marine Accurate Well ASA (MARACC) presents 2nd quarter 2011 report.

For further information, please contact:
Asle Solheim, CEO (+47 99 32 84 65)

Ocean Rig UDW Inc. (OCRG)

Company news

2011-10-12 15:03:49

IntelliSearch får omtale rundt lansering av søk for EPIServer

Company news

2011-10-12 13:36:48

Compello AS (CPLO) innkalling til ekstraordinær generalforsamling

Company news

2011-10-11 15:04:30

Innkalling til ekstraordinær generalforsamling i Compello AS følger vedlagt. Generalforsamlingen avholdes i Martin Linges vei 25, Fornebu i Bærum kommune 19. oktober 2011 kl. 12:00

Altona Mining Limited (ALTM)

Company news

2011-10-10 03:26:19

Little Eva Copper Gold Deposit Drill Results. Please click on the link for more details.

Endring av aksje: Euroterminal AS (ODRA)

Corporate actions

2011-10-07 13:16:36

Det er foretatt endringer i Euroterminal AS (ISIN:NO0003078206, ticker ODRA). Aksjebeholdningen er øket fra 23 126 339 til 29 376 339. Emisjonsverdien er øket fra 80 942 186 til 117 505 356.

Meldepliktig handel - Oslo Børs VPS Holding ASA

Company news

2011-10-07 12:37:32

Oslo Børs VPS Holding ASA har i dag, 7. oktober 2011, kjøpt 7.700 egne aksjer for NOK 70,00 per aksje. Ny beholdning er 31.930 aksjer.

Mandatory notification of trade - Oslo Børs VPS Holding ASA

Company news

2011-10-07 12:36:46

Oslo Børs VPS Holding ASA has today, 7 October 2011, bought 7,700 own shares at a price of NOK 70.00 per share. After this transaction, Oslo Børs VPS Holding ASA holds 31,930 shares in the company.

Endring av aksje: Grégoire AS (VITI)

Corporate actions

2011-10-07 10:34:28

Det er foretatt endringer i Grégoire AS (ISIN:NO0010375298, ticker VITI). Navnet Grégoire AS har endret navn til VITI Invest AS.

Ocean Rig UDW Inc. (OCRG)

Company news

2011-10-06 13:35:56

North Atlantic Drilling Ltd. applies for listing on Oslo Børs

Company news

2011-10-06 08:38:39

North Atlantic Drilling Ltd. filed on October 5, 2011 a request for admission of its shares for trading on Oslo Børs or alternatively Oslo Axess.

PRESSEMELDING - Lansering av IntelliSearch for EPiServer

Company news

2011-10-05 13:37:27

IntelliSearch lanserer i dag sin søkeløsning skreddersydd for EPiServer. Denne gir virksomheter med EPiServer CMS muligheten til å tilby sine brukere et søk som funksjonsmessig er ledende i verden.

Nordic Petroleum AS - Carmangay Update

Company news

2011-10-04 15:17:38

Update on the oil and gas discovery in Carmangay south of Calgary

Nordic Petroleum AS - Carmangay Oppdatering

Company news

2011-10-04 15:14:26

Oppdatering på olje- og gassfunnet i Carmangay syd av Calgary

(Oslo, 4. oktober, 2011) Aladdin Oil & Gas Company ASA innkaller til Generalforsamling

Company news

2011-10-04 14:25:08

Aladdin Oil & Gas Company ASA innkaller til ordinær generalforsamling for 2010 den 18. oktober 2011 kl 13.00 på Hotel Bristol, Kristian IV gate 7, Oslo.

Mer informasjon kan finnes på selskapets webside www.aog.no


Aladdin Oil & Gas Company ASA er et norskbasert E&P-selskap, med hovedkontor i Oslo, som er notert på OTC-listen til Norges Fondsmeglerforbund under tickerkoden AOGC. Selskapet eier det russiske oljeselskapet OOO Geotechnologia, som besitter tre oljelisenser i Timan Pechora-provinsen i nordvest-Russland, samt selskapet OOO Veselovskoye med tilsammen 5 oljelisenser i Orenburg-området.

(Oslo, October 4th, 2011) Aladdin Oil & Gas Company ASA - Calls for Annual General Meeting

Company news

2011-10-04 14:22:30

Aladdin Oil & Gas Company ASA calls for Annual General Meeting for the fiscal year 2010 on the 18th of October 2011 at 1pm in Hotel Bristol, Kristian IV street no 7, Oslo.

More information can be found on the company's webpage www.aog.no



Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds three licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

MPOW: Multipower AS - Flyttes til B-listen

Company news

2011-10-04 10:18:36

Denne meldingen er publisert av Norges Fondsmeglerforbund. Ettersom Multipower AS ikke har overholdt sine betalingsforpliktelser i henhold til selskapets registrering på OTC-listen, vil selskapet bli flyttet ned til B-listen med umiddelbar virkning.

AGRI - Agrinos receives purchase order to treat 1 million hectares of Mexican agricultural land

Company news

2011-10-04 07:30:13

* Agrinos announced 19 September 2011 that it was named as supplier to MasAgro, the ten year Mexican governmental program to improve agricultural performance on a national scale

* Agrinos announces today that it has received its first binding purchase order under the MasAgro program for a volume of its High Yield Technology(tm) products sufficient to treat 1 million hectares of land during the coming four months

* The binding purchase order is expected to provide approx USD 20 million in revenue which will be booked in the fourth quarter of 2011

Agrinos announced on the 19th of September 2011 that it had signed a "Letter of Intent" (LOI) with Mexico's Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA) pertaining to the large scale use of its High Yield Technology(tm) ("HYT") products within a newly formed agriculture subsidy program known as "MasAgro". SAGARPA has initiated this ten year, national scale agricultural development program to increase maize and wheat productivity, obtain higher returns on the yields of these strategic crops and decrease the regional and global environmental impact associated with their cultivation.

Today, Agrinos announces that it has received a binding purchase order from SAGARPA's designated agent, Mex Agro Internacional S. A. de. C. V. This order specifies quantities of HYT products sufficient to treat 1 million hectares of agricultural land participating in the MasAgro program. The deliveries of these products shall be made on a running basis over the coming four months through January, 2012.

In addition, Agrinos has received a formal request for supplementary quantities of HYT products sufficient to treat up to an additional 1.9 million hectares of agricultural land. These supplementary quantities are in addition to and above the 2011 0.5 million to1.0 million hectare target expressed by SAGARPA in the LOI. The potential supply of additional quantities of HYT products beyond the original volume targets will be evaluated in the near future.

"With this purchase order, the Mexican government and SAGARPA continue to demonstrate strong leadership in developing the productivity and sustainability of the Mexican agricultural sector. We are proud that Agrinos' technology and expertise have been chosen and we look forward to strengthening our cooperation with the MasAgro program." said Tom Einar Rysst-Jensen, Agrinos' chief executive officer. He continued "I feel that this order marks a major milestone in the development of Agrinos as an industrial supplier to the agricultural sector and accelerates our ability to grow internationally."

In addition to specifying product delivery volumes for 2011, the LOI indicates SAGARPA's intention to increase the use of Agrinos products during 2012 and beyond. The indicated increase expands Agrinos product use to between 7 million and 14 million hectares of agricultural land per year.

Order placed after multi-season evaluation of agricultural technology providers

Agrinos' HYT(tm) products were invited by SAGARPA to participate in the MasAgro program following an internal, multi-season evaluation of sustainable agricultural technology providers. Agrinos' products have been tested by commercial and academic institutions in multiple locations and agro-climatic conditions within Mexico.

SAGARPA and Agrinos have worked together to define a customized HYT product use protocol suited to the needs of farmers participating in the MasAgro program. Agrinos will train the technical outreach program executed by SAGARPA to ensure the correct and effective use of HYT products, while SAGRPA's technical outreach program will assist participating MasAgro farmers.

At today's exchange rates, the binding purchase order is expected to result in approximately USD 20 million in sales revenue for Agrinos, expected to be booked in the fourth quarter of 2011. Any further supplementary deliveries as specified above will be recognized as sales revenue in the first quarter of 2012.


For more information please contact:

Tom Einar Rysst-Jensen, CEO Agrinos
Cellular: +47 977 94 958
E-mail: tom.rysst-jensen@agrinos.com

Hellek Bråthen, CFO Agrinos
Cellular: +47 450 46 037
E-mail: Hellek.Braathen@agrinos.com


About Agrinos
Agrinos is a green technology company committed to improving the productivity and decreasing the environmental impact of modern agriculture. Agrinos' line of High Yield Technology(tm) ("HYT(tm)") products help farmers to practice profitable, high yield sustainable agriculture by providing increased crop productivity, improved efficiency of conventional fertilizer use and decreased environmental footprint. Certified organic and based on Agrinos' proprietary technology, the HYT(tm) products provide these benefits by strengthening the soil-based microbial ecosystem, stimulating crop development at key points in the growth cycle and boosting natural plant resistance to pathogens and threats. With specific solutions for a variety of crop categories, the technology comprising the HYT products have demonstrated its value in more than 1500 trials in key agricultural regions worldwide.

Founded in 2009, Oslo-headquartered Agrinos has grown to include offices and operations in the USA, Mexico, Malaysia, Colombia, Indonesia, Brazil and the People's Republic of China. Agrinos enjoys financial backing from a number of leading international investors and a strong management team lead by its Chairman, Dr. Thorleif Enger.

Supporting resources:
Agrinos website: www.agrinos.com

Disclaimer
This announcement contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements contained in this announcement, including assumptions, opinions and views of the Company or cited from third party sources are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. Neither the Company, nor any of their parent or subsidiary undertakings or any such person's officers or employees provides any assurance that the assumptions underlying such forward-looking statements are free from errors nor does any of them accept any responsibility for the future accuracy of the opinions expressed in this announcement or the actual occurrence of the forecasted developments. No obligation, except as required by law, is assumed to update any forward-looking statements or to conform these forward-looking statements to our actual results.

A.L.Industrier AS

Company news

2011-10-03 19:39:31

Vedlagte melding er i dag sendt våre aksjonærer.

A.L.Industrier AS

Company news

2011-10-03 19:37:34

Vedlagte melding er i dag sendt våre aksjonærer

Endring av aksje: Cortendo AB (CORT)

Corporate actions

2011-10-03 16:01:19

Det er foretatt endringer i Cortendo AB (ISIN:SE0000481053, ticker CORT). Aksjebeholdningen er øket fra 21 695 106 til 22 695 106.

MPOW Årsregnskaper 2010

Company news

2011-10-03 15:38:04

Cortendo AB (publ) - Increase of Share Capital

Company news

2011-10-03 15:26:50

MOSU- Offer to acquire shares and convertible bonds

Company news

2011-10-03 14:01:12

Reference is made to the notification regarding conversion of bonds made by Mosvold Supply Plc. (the "Company") on 12th September 2011. The shares related to the conversion were issued on 23rd September 2011, following which Mosvold Shipping Holding Limited holds 68.09% of the shares in the Company. Mosvold Shipping Holding Limited has today made an offer to acquire shares and convertible bonds in the Company in accordance with the Articles of Association of the Company. The offer price is USD 0.167 per share, and the offer is valid until 31st October 2011. The finalization and settlement of shares under the offer is expected to take place on or about 14th November 2011.

Mosvold Shipping Holding Limited will consider purchasing shares in the market at prices below the offer price as from today. Any such purchases will be reported to the market.

Pressemelding og 2. tertialrapport for Asker og Bærums Budstikke ASA (BUDS)

Company news

2011-09-30 13:49:28

Asker og Bærums Budstikke ASA har i dag lagt ut pressemelding og tertialrapport pr. 31.08.11 på selskapets investor relations sider. En negativ utvikling i finansmarkedet preger resultatutviklingen i 2. tertial.

WIND - Avholdt ekstraordinær generalforsamling

Company news

2011-09-30 10:16:33

Protokoll fra dagens ekstraordinære generalforsamling i Winder AS vedlegges. Forslaget om sletting av 903 932 egne aksjer ble enstemmig vedtatt.

GREG - protokoll fra ekstraordinær generalforsamling

Company news

2011-09-29 16:02:30

Protokoll fra ekstraordinær generalforsamling avholdt 29. september 2011 er vedlagt. Generalforsamlingen godkjente bl.a styrets forslag om en utdeling av et ekstraordinært utbytte på NOK 5,40 per aksje. Utbyttet vil tilfalle de som er selskapets aksjonærer pr 29. september 2011 og aksjen handles eksklusiv utbytte fra og med 30. september 2011. Utbyttet forventes utbetalt ca 11. oktober 2011.

Altona Mining Limited (ALTM)

Company news

2011-09-29 02:18:45

Latest Corporate Presentation. Please click on the link for more details.

Altona Mining Limited (ALTM)

Company news

2011-09-28 11:20:38

Resignation of Director. Please click on the link for more details.

Nordic Petroleum AS - Chard Update

Company news

2011-09-28 09:07:47

Chard - Update of the ongoing activities.

Nordic Petroleum AS - Chard Oppdatering

Company news

2011-09-28 09:04:01

Chard - Oppdatering av løpende prosesser.

Altona Mining Limited (ALTM)

Company news

2011-09-28 04:40:10

Altona in 2010/2011. Please click on the link for more details.

Endring av aksje: Norsk Solkraft AS (NSOL)

Corporate actions

2011-09-27 12:22:39

Det er foretatt endringer i Norsk Solkraft AS (ISIN:NO0010328560, ticker NSOL). Aksjebeholdningen er øket fra 215 042 til 21 504 650. Emisjonsverdien er redusert fra 121 436 598 til 21 504 650.

SFL - 2011 Annual General Meeting

Company news

2011-09-26 14:40:02

Ship Finance International Limited (the "Company") advises that the 2011 Annual
General Meeting of the Company was held on September 23, 2011 at 12:10 p.m. at
the Elbow Beach Hotel, 60 South Shore Road, Paget PG04, Bermuda.  The following
resolutions were passed:


1)      To re-elect Hans Petter Aas as a Director of the Company.

2)      To re-elect Paul Leand, Jr., as a Director of the Company.

3)      To re-elect Kate Blankenship as a Director of the Company.

4)      To re-elect Cecilie Fredriksen as a Director of the Company.

5)   To elect Harald Thorstein as a Director of the Company.

6)   To re-appoint Moore Stephens, P.C. as auditors and to authorize the
Directors to determine their remuneration.

7)   That the remuneration payable to the Company's Board of Directors of a
total amount of fees not to exceed US$550,000.00 be approved for the year ended
December 31, 2011.


In addition, the audited consolidated financial statements for Ship Finance
International Limited for the year ended December 31, 2010 were presented to the
Meeting.



Hamilton, Bermuda
September 23, 2011



About Ship Finance
Ship Finance is a major ship owning company listed on the New York Stock
Exchange (NYSE: SFL). Including newbuildings, the Company has a fleet of 73
vessels, including 28 crude oil tankers (VLCC and Suezmax), two chemical
tankers, six oil/bulk/ore vessels, 12 drybulk carriers including seven
newbuildings, 15 container vessels, six offshore supply vessels, one jack-up
drilling rigs, one ultra-deepwater drillship and two ultra-deepwater semi-
submersible drilling rigs. The fleet is one of the largest in the world and most
of the vessels are employed on long-term charters.
More information can be found on the Company's website: www.shipfinance.org


Cautionary Statement Regarding Forward Looking Statements
This press release may contain forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends. Although Ship Finance believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, Ship Finance cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions.
Important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in this presentation include the strength
of world economies and currencies, general market conditions including
fluctuations in charter hire rates and vessel values, changes in demand in the
tanker market as a result of changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, changes in the Company's operating
expenses including bunker prices, dry-docking and insurance costs, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the United States
Securities and Exchange Commission.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1549714]

NBNP - Protokoll fra ekstraordinær generalforsamling

Company news

2011-09-26 14:30:03

Vedlagt følger protokoll fra ekstraordinær generalforsamling i North Bridge Nordic Property AS, avholdt 26. september 2011 i selskapets lokaler i Karenslyst allé 4 i Oslo.

Det er fattet vedtak om å fusjonere North Bridge Nordic Property AS og NP Eiendomsinvest AS i respektive selskapers ekstraordinære generalforsamlinger i dag.

ITCL - 2011 Annual General Meeting

Company news

2011-09-26 09:10:03

Independent Tankers Corporation Limited (the "Company") advises that the 2011
Annual General Meeting of the Company was held on September 23, 2011 at 11:10
a.m. at the Elbow Beach Hotel, 60 South Shore Road, Paget PG04, Bermuda.  The
following resolutions were passed:

1. To re-elect Tor Olav Trøim as a Director of the Company;


2. To re-elect Kate Blankenship as a Director of the Company.


3. To re-elect Inger M. Klemp as a Director of the Company.


4. To re-elect Kathrine Fredriksen as a Director of the Company.


5. To re-appoint PricewaterhouseCoopers AS as auditors and to authorize the
Directors to determine their remuneration.


6. That the remuneration payable to the Company's Board of Directors of a total
amount of fees not to exceed US$50,000 be approved for the year ended
December 31, 2011.


In addition, the audited consolidated financial statements for the Company for
the year ended December 31, 2010 were presented to the Meeting.


Hamilton, Bermuda
September 23, 2011






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Independent Tankers Corporation Limited via Thomson Reuters ONE

[HUG#1549708]

Altona Mining Limited (ALTM)

Company news

2011-09-23 08:37:37

Annual Report 2011. Please click on the link for more details.

Compello AS (CPLO) - Meldepliktig handel

Company news

2011-09-22 22:13:42

Christian Syverstad AS, eiet av styremedlem Christian Syverstad i Compello AS, kjøpte den 22/9-2011 433 aksjer i Compello til kurs kr. 40,- pr. aksje. Etter dette eier Christian Syverstad AS og Christian Syverstad privat samlet 95.927 aksjer i Compello tilsvarende en eierandel på 4,1%

BASSDRILL LTD - SHARE TRANSFER AND GRANT OF SHARE OPTIONS

Company news

2011-09-22 16:38:50

The Chairman of the Company, Mr. Helge Haakonsen, has today purchased 50,000 shares from the Company at USD 1.3988 per share and has been granted 300,000 share options at the terms outlined below.

Following the transaction, the Company holds 66,600 shares, and Mr. Haakonsen holds 50,000 shares and 300,000 share options.

Share Option Program

The Board of Directors is authorized to issue up to 4,734,000 share options. The exercise price per share is USD 1.706 plus an aggregated amount equal to 12% increase p.a. from the time of grant. The share options shall vest and may be exercised in whole or in parts at the earlier of (i) a mandatory offer for all the shares of the Company, provided that the sum of the offeror's holding of shares in the Company and acceptances received in the mandatory offer represents more than 50% of the total number of issued shares in the Company before exercise of any options or (ii) three years after issuance, and must be exercised within 5 years after issuance. As of today, 3,613,800 share options have been issued to the board and management.

For further information, please contact:

Ole Geir Hagen, acting CFO, tel. +47 2300 1009 or +47 9760 0380

GENO- GenoMar AS second quarter interim report

Company news

2011-09-22 15:01:53

Endring av aksje: Global Rig Company ASA (GRIC)

Corporate actions

2011-09-22 11:08:12

Det er foretatt endringer i Global Rig Company ASA (ISIN:NO0010360019, ticker GRIC). Aksjebeholdningen er øket fra 48 800 000 til 78 396 740. Emisjonsverdien er øket fra 439 200 000 til 542 788 590.

Endring av aksje: Norsk Solkraft AS (NSOL)

Corporate actions

2011-09-22 09:36:06

Det er foretatt endringer i Norsk Solkraft AS (ISIN:NO0010328560, ticker NSOL). Aksjebeholdningen er redusert fra 20 072 165 til 215 042.

Asker og Bærums Budstikke ASA (BUDS) inviterer til resultatpresentasjon

Company news

2011-09-21 10:45:29

Asker og Bærums Budstikke ASA (BUDS) inviterer til presentasjon av resultatet for 2. tertial 2011 fredag 30. september, kl. 08.30. Mer informasjon om møtet er lagt ut på selskapets investor relations-sider.

Sørlandsruta vant anbudskontrakt i Vest-Agder

Company news

2011-09-21 09:07:12

Sørlandsruta AS, et heleid datterselskap av Torghatten ASA, har vunnet en åpen anbudskonkurranse med laveste pris, og tegnet den 19. september 2011 kontrakt med Agder kollektivtrafikk for ti nye år (6+4) fra 1. juli 2012. Kontrakten gjelder i hovedsak alle de ruter som Sørlandsruta utfører pr. i dag i Vest-Agder. Virksomheten vil generere inntekter på 700-800 mill. kroner. Det må investeres i 40 nye busser til oppstartsdato for å imøtekomme oppdragsgivers krav.
Adm. direktør Erik Abramsen i Sørlandsruta er svært fornøyd med å ha vunnet kontrakten, som er et være eller ikke være for selskapet. "Dette ville ikke vært mulig uten medvirkning fra Torghatten-konsernet og lojaliteten fra de ansatte i Sørlandsruta", sier han.
Styreleder Roger Granheim ser et stort potensiale for videre vekst i Sørlandsruta etter hvert som nye anbud legges ut i Agder og Rogaland. Han sier at "Sørlandsruta på kort tid har opparbeidet seg viktig kompetanse i anbudsmarkedet og at prestasjonene hittil har dokumentert selskapets evne til å tjene penger i et presset marked".

Kontaktperson:
Erik Abramsen, adm dir i Sørlandsruta
Mobil 93443999

WIND - Innkalling til ekstraordinær generalforsamling

Company news

2011-09-20 19:56:57

Ekstraordinær generalforsamling i Winder AS avholdes fredag 30. september kl. 09.00 i selskapets lokaler. Generalforsamlingen skal behandle forslag om sletting av egne aksjer. Innkalling, ref. vedlegg, er sendt selskapts aksjonærer.

PRESSEMELDING - INTELLISEARCH AS - Stortinget utvider sin bruk av IntelliSearchs søkemotor

Company news

2011-09-20 17:11:23

Stortinget har utvidet sin bruk av IntelliSearchs søkemotor med produktet Utforskeren. Utforskeren gir et svært avansert søk innenfor NOARK 5 applikasjonen ePhorte fra EDBErgoGroup.

GREG - innkalling til ekstraordinær generalforsamling

Company news

2011-09-20 15:56:48

Ekstraordinær generalforsamling i Grégoire AS avholdes torsdag 29.september 2011 kl 15.00 i selskapets lokaler, ref vedlagte innkalling sendt selskapets aksjonærer.

Endring av aksje: Etrinell AS (ETRI)

Corporate actions

2011-09-20 11:10:34

Det er foretatt endringer i Etrinell AS (ISIN:NO0010022411, ticker ETRI). Aksjebeholdningen er øket fra 18 201 797 til 18 722 448.

Endring av aksje: Compello AS (CPLO)

Corporate actions

2011-09-20 10:13:46

Det er foretatt endringer i Compello AS (ISIN:NO0010322324, ticker CPLO). Aksjebeholdningen er øket fra 2 161 351 til 2 340 782. Emisjonsverdien er øket fra 71 324 583 til 77 245 806.

Endring av aksje: Independent Oil & Resources ASA (IOTA)

Corporate actions

2011-09-20 10:02:27

Det er foretatt endringer i Independent Oil & Resources ASA (ISIN:NO0010248065, ticker IOTA). Aksjebeholdningen er øket fra 306 006 146 til 958 508 828. Emisjonsverdien er øket fra 826 216 594 til 9 585 088 280.

Compello AS (CPLO) - Emisjon gjennomført

Company news

2011-09-20 08:29:37

Konverteringsemisjon på 100.000 aksjer til kurs 33,- og reparasjonsemisjon på 79.431 aksjer til kurs 33,- er nå gjennomført, registrert i Fortaksregisteret og aksjene er utstedt fra VPS. Selskapets aksjekapital er etter dette NOK 2.340.782 fordelt på 2.340.782 aksjer hver pålydende NOK 1.

AGRI - Agrinos signs LOI with Mexican ministry to supply agricultural subsidy program

Company news

2011-09-19 23:31:11

* Agrinos named as supplier to MasAgro, the Mexican governmental ten year program to improve agricultural performance and sustainability on a national-scale
* Agrinos requested to supply MasAgro program with sufficient products from its High Yield Technology(tm) suite to treat between 0.5 million and 1 million hectares of agricultural land within 2011
* First Agrinos supplies to MasAgro expected within October
* The LOI stipulates an intention to increase Agrinos product use by MasAgro to between 7 million and 14 million hectares in 2012



Full version news release attached.

Ocean Rig UDW Inc. (OCRG)

Company news

2011-09-19 15:00:26

Cortendo AB (publ)_Upgraded to the NOTC A-List_Aug 2011

Company news

2011-09-19 14:15:12

Cortendo AB (publ)_Successfully closes insider investment round_July 2011

Company news

2011-09-19 14:11:47

WIND - Kjøp egne aksjer

Company news

2011-09-19 10:03:03

Winder AS har 16.09.2011 kjøpt 756.400 egne aksjer til kurs NOK 0,75 pr. aksje. Etter dette eier Winder 903.932 egne aksjer tilsvarende 1,79% av totalt antall utstedte aksjer.

Compello AS (CPLO) - Resultater 2. tertial 2011

Company news

2011-09-19 08:16:04

Compello AS, fusjonen av Client Computing Europe ASA og Compello Software AS, leverer gode resultater og bedre marginer for annet tertial 2011.

ETMAN, Q2-2011

Company news

2011-09-16 14:12:02

SFL - Citi 2011 Global Industrials Conference

Company news

2011-09-16 11:30:04

Press release from Ship Finance International Ltd. September 16, 2011

Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or "SFL")
announced today that Ole B. Hjertaker, CEO, will present at the Citi 2011 Global
Industrials Conference in Boston. The presentation will take place on September
21, 2011 at 10:30am (EST).

A live audio webcast of the presentation can be found at the following link:
http://www.veracast.com/webcasts/citigroup/industrials2011/26104485.cfm

The link to the audio webcast will be live just prior to the start of the
presentation. A replay of the audio webcast will be available through our
website http://www.shipfinance.org for 90 days.



About Ship Finance
Ship Finance is a major ship owning company listed on the New York Stock
Exchange (NYSE: SFL). Including newbuildings, the Company has a fleet of 73
vessels, including 28 crude oil tankers (VLCC and Suezmax), two chemical
tankers, six oil/bulk/ore vessels, 11 drybulk carriers including eight
newbuildings, 15 container vessels, six offshore supply vessels, one jack-up
drilling rigs, one ultra-deepwater drillship and two ultra-deepwater semi-
submersible drilling rigs. The fleet is one of the largest in the world and most
of the vessels are employed on long-term charters.
More information can be found on the Company's website: www.shipfinance.org


Cautionary Statement Regarding Forward Looking Statements
This press release may contain forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends. Although Ship Finance believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, Ship Finance cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions.
Important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in this presentation include the strength
of world economies and currencies, general market conditions including
fluctuations in charter hire rates and vessel values, changes in demand in the
tanker market as a result of changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, changes in the Company's operating
expenses including bunker prices, dry-docking and insurance costs, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the United States
Securities and Exchange Commission.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1547224]

SEAP - Financial Information Second Quarter 2011

Company news

2011-09-16 10:54:56

Please find enclosed Financial Information Second Quarter 2011- Sea Production Ltd

The Board of Directors
Sea Production Ltd
16 September 2011

For further information, please contact
Michael Staheyeff, Director, Tel: +65 6309 2887

INDEPENDENT OIL & RESOURCES ASA - PRELIMINARY RESULTS 1ST HALF 2011

Company news

2011-09-15 14:51:20

Please find enclosed the Preliminary results 1st half 2011 for Independent Oil & Resources ASA.

For further information - please contact Jan Egil Moe - phone + 47 40 400 430

Bergen, 15 September 2011
Board of Directors

NBNP - Innkalling til ekstraordinær generalforsamling

Company news

2011-09-15 09:49:38

Vedlagt følger innkalling til ekstraordinær generalforsamling i North Bridge Nordic Property AS (NBNP) 26.09.2011 hvor forslag om fusjon mellom NBNP og majoritetseier NP Eiendomsinvest AS skal behandles. Statusrapport for 2. kvartal 2011 er også vedlagt.

Kontaktperson: Adm. dir. Jørn H. Hynne, tlf. 22 54 03 85.

North Bridge Nordic Property AS

Jørn H. Hynne
Adm. dir.

NADL - Repurchase of shares

Company news

2011-09-15 08:05:22

Hamilton, Bermuda, September 15, 2011 - North Atlantic Drilling Ltd ("NADL") has through market purchases repurchased 4,050,000 of the Company's own common stock at an average price of NOK8.00 per share. After the purchase, NADL's holding of treasury shares is 11,869,119.

Eiendomsspar AS - øker eierandel i Thrane-Steen Eiendomsspar AS fra 50% til 100%

Company news

2011-09-14 15:46:32

Styret i Eiendomsspar AS har i henhold til fullmakt datert 5. mai 2010 inngått avtale om fisjonsfusjon med Thrane-Steen Gruppen AS, som innebærer overtakelse av de resterende 50 % av aksjene i Thrane-Steen Eiendomsspar AS. Eiendomsspars eierandel i Thrane-Steen Eiendomsspar AS øker dermed fra 50% til 100%.

Fisjonsfusjonen innebærer utstedelse av 864.626 nye aksjer i Eiendomsspar AS (pålydende NOK 6,25 per aksje), slik at netto antall utestående aksjer vil øke fra 40.460.669 til 41.325.295 etter at fisjonsfusjonen er gjennomført. Antall nye aksjer vil utgjøre 2,09 % av utestående aksjer. Bokført egenkapital i Eiendomspar AS vil øke med NOK 127,4 mill.

Thrane-Steen Eiendomsspar AS eier en attraktiv eiendomsportefølje bestående av følgende eiendommer: Hoffsveien 4 (13.700 m2), Hoffsveien 9 (1.600 m2), Hoffsveien 10-14 (10.100 m2), samt 50 % andel av Jerikoveien 28 (12.700 m2). Selskapets årlige leieinntektsnivå (inkl. 50 % andel i Jerikoveien 28) er pr. i dag NOK 46 mill . Selskapet har god soliditet.

Fisjonsfusjonen antas gjennomført innen årsskiftet.

SFL - Sale of remaining single hull VLCCs

Company news

2011-09-13 12:40:04

Press release from Ship Finance International Limited, September 13, 2011

Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or the "Company")
announces that it has agreed to sell its three remaining single hull vessels to
an unrelated third party for a total net sales price of approximately $72.7
million. Concurrently with the sale, Ship Finance has agreed to terminate the
corresponding charters to Frontline Ltd. ("Frontline").

The estimated delivery of Titan Orion, Titan Aries, and Ticen Ocean to the new
owner will be in 1Q 2012, 4Q 2012 and 3Q 2013, respectively. Frontline will
receive an aggregate compensation of approximately $26.2 million for the
termination of the current charters, or approximately $8.7 million per vessel on
average.

As a result of the sale, Ship Finance expects to record an average book gain of
approximately $3.2 million per vessel at the time of delivery to the new owner.

The disposal of older vessels is in line with the Company's strategy of
maintaining a young and modern fleet and the liquidity that will be released in
connection with the sale is expected to be reinvested in new projects.

September 13, 2011
The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda


About Ship Finance
Ship Finance is a major ship owning company listed on the New York Stock
Exchange (NYSE: SFL). Including newbuildings, the Company has a fleet of 73
vessels, including 28 crude oil tankers (VLCC and Suezmax), two chemical
tankers, six oil/bulk/ore vessels, 12 drybulk carriers including seven
newbuildings, 15 container vessels, six offshore supply vessels, one jack-up
drilling rig, one ultra-deepwater drillship and two ultra-deepwater semi-
submersible drilling rigs. The fleet is one of the largest in the world and most
of the vessels are employed on long-term charters.
More information can be found on the Company's website: www.shipfinance.org


Cautionary Statement Regarding Forward Looking Statements
This press release may contain forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends. Although Ship Finance believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, Ship Finance cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions.
Important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in this presentation include the strength
of world economies and currencies, general market conditions including
fluctuations in charter hire rates and vessel values, changes in demand in the
tanker market as a result of changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, changes in the Company's operating
expenses including bunker prices, dry-docking and insurance costs, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the United States
Securities and Exchange Commission.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1546058]

Unaudited Financial Results For Second Quarter 2011

Company news

2011-09-13 11:05:35

Unaudited Financial Results For Second Quarter 2011

Ocean Rig UDW Inc. (OCRG)

Company news

2011-09-12 22:09:34

MOSU - Conversion of Bonds

Company news

2011-09-12 15:40:17

Reference is made to the notification regarding exercise of Call Options made by Mosvold Supply Plc. (the "Company") on 26th August 2011. The exercise period ended on 9th September 2011. For the April 2010 Convertible Loan, Bondholders holding bonds amounting to USD 5,771,510 have exercised their Conversion Right at USD 0.167 per share. For the June 2010 Convertible Loan, Bondholders holding bonds amounting to USD 8,084,310 have exercised their Conversion Right at USD 0.167 per share.

The Company will issue 82,968,973 new shares increasing shares in issue from 26,500,000 shares to 109,468,973 shares.

Mosvold Shipping Holding Limited will after the issue of the new shares increase its shareholding in the Company with approximately 44.67 per cent from 23.42 per cent to 68.09% per cent.

As a consequence, Mosvold Shipping Holding Limited shall make an offer to acquire shares in the Company in accordance with the Articles of Association of the Company at an Offer Price of USD 0.167 per share. Further information related to this offer will be sent to the Shareholders in accordance with the provisions of the Articles of Association for the Company.

For further information contact Marianne Andreassen Bekkevold, mob +47 9716 7292 or Torstein Bringa, mob +47 4813 7090.

Endring av aksje: Compello AS (CPLO)

Corporate actions

2011-09-12 13:06:31

Det er foretatt endringer i Compello AS (ISIN:NO0010322324, ticker CPLO). Emisjonsverdien er øket fra 37 824 500 til 71 324 583.

Cortendo AB (publ)_Management Appointments_June 2011

Company news

2011-09-09 12:05:46

MOSU- exercise of Conversion Right by Mosvold Shipping Holding Limited

Company news

2011-09-06 13:54:12

Reference is made to the notification regarding the exercise of the Call Options made by Mosvold Supply Plc. (the "Company") on 26th August 2011. The Company has been advised by Mosvold Shipping Holding Limited, currently holding 23.42% of the shares in the Company, of its intention to convert all, or a significant part of, its bonds into shares in the Company.

Mosvold Shipping Holding Limited currently holds bonds amounting to USD 11,410,820 in the Company.

Mosvold Shipping Holding Limited has notified the Company of its intention to convert a number of bonds that will result in its shareholding exceeding 30% of the shares in the Company. As a consequence, Mosvold Shipping Holding Limited will make an offer to acquire shares in the Company in accordance with the Articles of Association of the Company at an Offer Price of USD 0.167 per share.

For further information contact Marianne Andreassen Bekkevold, mob +47 9716 7292 or Torstein Bringa, mob +47 4813 7090.

Hval Sjokoladefabrikk ASA

Company news

2011-09-06 13:34:58

Aksjonærinformasjon

Altona Mining Limited (ALTM)

Company news

2011-09-06 04:34:07

Appendix 3B. Please click on the link for more details.

Fjerning av aksje: Awilco LNG ASA (ALNG)

Corporate actions

2011-09-05 21:31:20

Awilco LNG ASA (ISIN:NO0010607971, ticker ALNG) er fjernet fra handelsstøttesystemet

ALNG: Awilco LNG ASA - Avregistreres fra OTC-listen

Company news

2011-09-05 21:29:53

Awilco LNG ASA avregistreres fra OTC-listen fra og med 6. september 2011 grunnet notering på Oslo Axess.

Awilco LNG ASA announces approval of listing prospectus and first day of trading on Oslo Axess

Company news

2011-09-05 15:23:49

Reference is made to the stock exchange notice issued on 24 August 2011 regarding the approval of the listing of Awilco LNG ASA (the "Company") on Oslo Axess.

On 5 September The Financial Supervisory Authority of Norway approved the following prospectus:

Listing of 67,788,874 shares (the "Shares") in Awilco LNG ASA on Oslo Axess.

With the approval of the listing prospectus all conditions stipulated by the Oslo Børs are now fulfilled. The first day of listing of the Shares on Oslo Axess will be 6 September 2011. From the same time the registration on the NOTC list operated by the Norwegian Dealers Association will cease.

Arctic Securities ASA and Pareto Securities AS act as managers (the "Managers") in connection with the listing process.

The Prospectus will be available to the public from 6 September 2011 in paper and online at:

Oslo Børs:
www.oslobors.no

The Company:
Awilco LNG ASA
Beddingen 8 Aker Brygge
NO-0250 Oslo
Norway
www.awilcolng.no

The Managers:

Arctic Securities ASA
Haakon VII's gate 5
P.O. Box 1833 Vika
0123 Oslo
Norway
www.arcticsec.no

and

Pareto Securities AS
Dronning Mauds Gate 3
P.O. Box 1411 Vika
N-0115 Oslo
Norway
www.pareto.no

For further information please contact:

Jon Skule Storheill
Chief Executive Officer
Phone: +47 22 01 42 09

Snorre S. Krogstad
Chief Financial Officer
Phone: + 47 22 01 42 49


This information is subject of the disclosure requirements according to §5-12 of the Norwegian Securities Trading Act.

SFL - Jefferies Global Shipping Conference

Company news

2011-09-05 14:40:03

Press release from Ship Finance International Ltd. September 5, 2011

Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or "SFL")
announced today that Eirik Eide, CFO, will present at the Jefferies Global
Shipping Conference. The presentation will take place on September 7, 2011 at
2:00pm (EST).

A live audio webcast of the presentation can be found at the following link:
http://www.wsw.com/webcast/jeff63/sfl/

The link to the audio webcast will be live just prior to the start of the
presentation. A replay of the audio webcast will be available through our
website http://www.shipfinance.org for 90 days.



About Ship Finance
Ship Finance is a major ship owning company listed on the New York Stock
Exchange (NYSE: SFL). Including newbuildings, the Company has a fleet of 73
vessels, including 28 crude oil tankers (VLCC and Suezmax), two chemical
tankers, six oil/bulk/ore vessels, 11 drybulk carriers including eight
newbuildings, 15 container vessels, six offshore supply vessels, one jack-up
drilling rigs, one ultra-deepwater drillship and two ultra-deepwater semi-
submersible drilling rigs. The fleet is one of the largest in the world and most
of the vessels are employed on long-term charters.
More information can be found on the Company's website: www.shipfinance.org


Cautionary Statement Regarding Forward Looking Statements
This press release may contain forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends. Although Ship Finance believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, Ship Finance cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions.
Important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in this presentation include the strength
of world economies and currencies, general market conditions including
fluctuations in charter hire rates and vessel values, changes in demand in the
tanker market as a result of changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, changes in the Company's operating
expenses including bunker prices, dry-docking and insurance costs, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the United States
Securities and Exchange Commission.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1544048]

BASSDRILL LTD - APPOINTMENT OF STÅLE RØED AS NEW DIRECTOR

Company news

2011-09-05 10:05:02

We are pleased to announce that Mr. Ståle Røed has been appointed a new Director of the Company effective 25 August 2011. Mr. Røed was appointed to fill the last vacant seat on the board by a board resolution passed pursuant clause 22.2 of the Company's Bye-Laws dated.

Mr. Roed brings a wealth of knowledge and insight considering his long tenure with Smedvig/Seadrill as the head of the tender drilling division. Mr. Roed is expected to play an important role in expanding the Company's presence in this niche market.

Mr. Røed joined Kvaerner Engineering as Project Accountant in 1977. Joined Smedvig asa in 1981 and served as Project Manager, General Manager, Chief Operating Officer, Chief Financial Officer and also as interim Chief Executive Officer from 1998 to 1999. From 1996 he served as Managing Director for the Tender Rig Division for Smedvig and from 2006 for Seadrill as Executive Vice President for the tender rig division. He retired from Seadrill in 2009 and served as consultant up to July 2011. He earned a degree in Civil Engineering from Stavanger Technical College, a degree in Business Administration from Norwegian School of Business Administration (BI) and an MBA from University of Wisconsin, Madison in 1980.

Following the appointment of Mr. Røed, the Board of Directors are:

Helge Haakonsen, Chairman
Pål Reiulf Olsen, Deputy Chairman
Erland P. Bassøe
Roy Hallås
Ståle Røed
Ola Sætre

Gunnar Halvorsen, Alternate Director

For further information, please contact: Kerry R. Kunz, CEO, BassDrill Ltd - tel: +1 832 715 2465

NADL - Dividend information

Company news

2011-09-05 08:46:17

Hamilton, Bermuda, September 5, 2011 - Reference is made to the second quarter 2011 report released on August 25, 2011. North Atlantic Drilling Ltd. will be trading ex-dividend of a cash dividend of US$0.035 per share on September 6, 2011.

The record date is September 8, 2011, and the dividend will be paid on or about September 20, 2011.

Halvårsresultat 2011 Torghatten ASA

Company news

2011-09-02 12:01:54

Torghatten ASA har offentliggjort halvårsresultatet for 2011. Rapport er utlagt på FINFO

BASSDRILL LTD - PRESENTATION

Company news

2011-09-01 16:13:29

Please see attached presentation held at the Pareto Oil & Offshore Conference this morning.

For further information, please contact:

Kerry R. Kunz, CEO, BassDrill Ltd - tel: +1 832 715 2465.
Ole Geir Hagen, acting CFO, tel. +47 2300 1009 or +47 9760 0380

STOL: Stolz Technology - PRESSEMELDING Billett24 og Stolz Technology AS

Company news

2011-09-01 13:07:52

Billett24 og Stolz Technology slår seg sammen
-Henter det beste fra to teknologier og skaper landets beste billettsystem!

(Haugesund/Kolbotn 01.09.2011) Billett24 og Stolz Technology kan i dag annonsere en sammenslåing av virksomhetene. – Vi satser sterkt på billetter for kultur og idrett. Sammen får vi det beste fra to teknologier, sier daglig leder Jarle Ørnebo i Stolz Technology. Gunnar Liknes, gründer og daglig leder, er stolt over at selskapene går sammen. – Sammen vil vi kunne ta et mye større marked og vi vil kunne supportere mange flere og større arrangement.

Sammenslåingen av Stolz og Billett24 skjer ved at Stolz overtar innholdet og virksomheten i selskapet Billett 24. Avtalen innebærer en konvertering av teknologi og kunder, noe som vil gi flere muligheter for arrangører.
- Vi ser gjerne at bruken av mobil billett blir mer modent og akseptert, sier Jarle Ørnebo. Bruk av epost og sms er ikke bare rimeligere og mer effektivt, det byr også på mer fornuftig kommunikasjon med deltakere, tilskuere og publikum, sier Jarle Ørnebo i Stolz Technology.

Gunnar Liknes ser frem til å ha forbedret komersiell organisasjon knyttet til teknologiern til Billett 24.

– Vi mener at Stolz Technology med den kompetanse og satsingsplaner de har, vil være en god partner for Billett 24. Hvilke navn våre tjenester skal ha fremover avhenger litt av markedsutviklingen, sier Liknes. - Det viktigste nå er at vi får utviklet en skalerbar plattform som er sikker i drift og kan love garantert oppetid. Vi skal også kunne takle høyt volum av samtidige bestillinger og vi skal kunne bruke teknologien internasjonalt, avslutter Liknes.

Om Stolz Technology
Stolz Technology er leverandør av billetter, kuponger, medlems- og verdikort til mobil og epost. Målgruppen er alle arrangører og markedsførere.

I all hovedsak har Stolz Technology eierskap til følgende produktkategorier:

1. Epost Nyhetsbrev og publiseringsløsning
2. Mobil SMS inngående og utgående forsendelser
3. Kupong system for rabatter og tilleggstjenester lesbare via strekkodeavleser på mobilen
4. Billettsystem full integrert både med mobil og via epost

Selskapet har sitt hovedsete i Mastemyr, Kolbotn og er notert med OTC listen.

For mer informasjon kontakt:
Dgl leder, Stolz Technology, Jarle Ørnebo
tlf 95 12 46 68, jarle@stolz.no
Dgl. leder, Billett 24, Gunnar Liknes, 95121597, gliknes@billett24.no

Norsk Marin Fisk AS - Invitasjon til kapitalmarkedsdag

Company news

2011-09-01 10:56:37

Norsk Marin Fisk AS avholder kapitalmarkedsdag 9. sept kl 1100 på "Dampen" på Davik. Program for dagen vil være:

Kl 1100
* Presentasjon av resultat for 1. halvår.
* Status og videre strategi for torskeoppdrettsvirksomheten.
* Presentasjon av ny merkevare, Bretorsk.
* Presentasjon av FoU-prosjekt laks.
Kl 1300
* Lunsj.
Kl 1400
* Omvisning på sjøanlegg på Isane.

Enkleste reisemåte fra Oslo og Bergen er fly (Danish Air) til Florø og leiebil derfra via Svelgen. Fly fra Oslo kl 0835 og fra Bergen kl 0810. Kjøretid fra Florø til Davik er i underkant av 1 ½ time.

Påmelding innen tirsdag 6. sept kl 1600 til Petter Bakke på e-post petbak@online.no eller telefon 91 87 10 77. Velkommen!

NADL - Pareto Oil & Offshore Service Conference 2011

Company news

2011-08-31 16:01:35

Hamilton, Bermuda, August 31, 2011 - Pareto Oil and Offshore Service Conference 2011, Oslo, August 31, 2011, North Atlantic Drilling Ltd's company presentation attached.

ITCL - Notice of Annual General Meeting 2011

Company news

2011-08-31 14:20:04

Independent Tankers Corporation Limited (the "Company") announces that its 2011
Annual General Meeting will be held on September 23, 2011. A copy of the Notice
of Annual General Meeting and associated information including the Company's
Annual Report can be found on our website at http://www.itcl.bm/ and attached to
this press release.

Hamilton, Bermuda

August 31, 2011




Annual Report 2010:
http://hugin.info/138953/R/1542915/472423.pdf

Notice of Annual General Meeting 2011:
http://hugin.info/138953/R/1542915/472422.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Independent Tankers Corporation Limited via Thomson Reuters ONE

[HUG#1542915]

(Oslo, 31 August, 2011) Aladdin Oil & Gas Company ASA - Operasjonell oppdatering

Company news

2011-08-31 13:18:30

Ukhta:

Etter vellykket test av den tredje gassbrønnen fokuseres det på å tilkoble brønnen til gas prosesseringsanlegget og rørledningen. Dett er arbeidet er forventet ferdig i løpet av Q4. Produksjonsvolumet av gass er forventet å øke med 60-80.000m3/dag (~400-500boped)

Det har blitt gjennomført reparasjonsarbeid på hovedrørleding gjennom sommeren som har resultert i ingen produksjon i juli. Selskapet har benyttet denne perioden til å overhale brønnene. I løpet av overhalingen har det samlet seg vann i brønnene som må fjernes før produksjonen starter opp igjen. Selskapet arbeider for tiden med å løse dette. Det forventes at produksjonen er tilbake til normalt i løpet av september.

De seismiske undersøkelser på MS lisensen er forsinket og forventes ferdige i løpet av q1 neste år.


Orenburg:

AOGC informerte i april at de seismiske undersøkelser (250km 2D) på Veselovskoye lisensen er ferdige. Den lokale tolkningen er klar og indikerer flere lovende strukturer.

Overhalingen av brønn 54 på Veselovskoye lisensen er blitt gjennomført. Operasjonelle problemer og formasjonsskade gjør at man må gå inn i denne brønnen på et senere tidspunkt.

VSP gjennomført i brønn 38 på Veselovskoye lisensen bekrefter at strukturen ligger nordøst for brønnen som antatt. Brønnen ligger på kanten av strukturen som er på linje med tidligere kart. Brønnen ble perforert og syrebehandlet. Reservoaret er på kanten av strukturen, har lav porøsitet og er komplekst. Ytterligere undersøkelser er påkrevet.

Den foreløpige analysen av seismikken i området rundt brønn 56 styrker potensialet av strukturen. Overhaling inkludert VSP har startet.

Brønn 61 og 91 på Nikiferovskoye lisensen har stabil produksjon på 150-200 fat per dag totalt.



Oslo:

Generalforsamling i AOGC ASA er forventet å finne sted i oktober. 2010 resultat forventes å foreligge i løpet av september.

Aladdin Oil & Gas Company ASA er et norskbasert E&P-selskap, med hovedkontor i Oslo, som er notert på OTC-listen til Norges Fondsmeglerforbund under tickerkoden AOGC. Selskapet eier det russiske oljeselskapet OOO Geotechnologia, som besitter tre oljelisenser i Timan Pechora-provinsen i nordvest-Russland, samt selskapet OOO Veselovskoye med tilsammen 5 oljelisenser i Orenburg-området.

(Oslo, 31th August, 2011) Aladdin Oil & Gas Company ASA - Operational update

Company news

2011-08-31 13:17:11

Ukhta:

After the successful test of the 3rd gas well 7vde the company is focusing on connecting the well to the main facilities and pipeline. This work is expected to be completed during q4. The production volume of gas is then estimated to increase by roughly 60-80.000 m3/day (~400-500 boepd).

There were repair works performed on the main pipeline during the summer which resulted in no production during July. The Company has used this period to work over the wells. During the work over water accumulated in the wellbore needs to be removed prior to starting production. The Company is currently working to resolve this. It is expected that the production volume will be back to normal during September.

The 200km seismic survey on MS license is delayed and expected to be completed during q1 next year.


Orenburg:

AOGC announced in April that the 250km 2D seismic survey on Veselovskoye license was completed. Local interpretation is being finalized and indicates a number of promising structures.

The work over of well 54 on Veselovskoye license has been completed. Due to operational problems and severe reservoir damage this well needs to be re-entered at a later stage.

The VSP performed in well 38 on Veselovskoye license confirms the structure which lies to the northeast of well 38. Well 38 is located on the edge of the structure, which is in line with previous maps. The well was perforated and treated with acid. The reservoir at the edge of the structure is tight and complex and further evaluations are required.

The preliminary seismic view strengthened the potential of the structure around well 56. A work over including VSP of this well is ongoing.

The wells 61 and 91 on Nikiferovskoye field have a stable production of 150-200 bopd combined.


Oslo:

The General meeting in AOGC ASA is expected to take place in October. The 2010 result is estimated to be published in September.


Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds three licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.

Q2 2011 Remora AS

Company news

2011-08-31 12:26:08

Please find enclosed Remora AS report for Q2-2011.

INTS - Ansatte og nøkkelmedarbeidere emisjon gjennomført!

Company news

2011-08-31 09:27:13

I henhold til fullmakt fra Generalforsamlingsvedtak av 22. april 2010, har IntelliSearch AS (ISIN:NO0010277239, ticker INTS) gjennomført en emisjon til ansatte og nøkkelmedarbeidere for videre å styrke utviklingen i selskapet.
Aksjebeholdningen er økt fra 102 600 335 til 106 100 335. Emisjonsverdien er øket fra 10 260 034 til 12 115 034.

For ytterligere informasjon, vennligst kontakt:
CEO Lasse Ruud (+ 47 930 90 008)

Awilco LNG ASA - second quarter report and first half report 2011

Company news

2011-08-31 08:30:51

Highlights Second Quarter
- In April and May Awilco LNG completed private placements raising a total of MUSD 150.5 in new equity.
-In May Awilco LNG signed Shipbuilding contracts and Option agreements for the construction of two (+ two optional) 156,000 cbm LNG newbuilding vessels to be delivered from Daewoo Shipbuilding and Marine Engineering (DSME) in August and November 2013.
-WilPower was delivered to the company in mid-May. The vessel commenced trading under the first contract at the end of May for a period of six months, with 3x6 months options for extension in charterer's option.
-WilGas completed docking below budget in May. The vessel commenced a short term 30 days T/C at the beginning of August.
-WilEnergy was delivered to the Company at the end of June and has been marketed for contract since.

Statement of Comprehensive Income 2nd Quarter 2011
The company took delivery of its three vessels during 1st half of 2011. WilPower commenced its charter at the end of May at USD 45,000 per day, WilGas was available for employment from end May and WilEnergy was delivered at the last day of the quarter. As a consequence, the total operating income of MUSD 1.6 for the 2nd quarter derives only from one vessel.
Voyage related expenses were MUSD -1.8 and is mainly related to reposition of vessels. Vessel operating expenses for the quarter were MUSD -4.0, and administration costs were MUSD -0.7. EBITDA for the quarter was MUSD -4.9. Depreciation for the quarter was MUSD -0.5, and net financial income was MUSD 0.2. Loss before tax was MUSD -5.2.

Statement of Comprehensive Income for 1st Half 2011
Freight income for 1st half 2011 was MUSD 1.6, voyage related expenses were MUSD 1.8, vessel operating expenses MUSD 5.0 and Administration expenses were MUSD 1.1. EBITDA for the 1st half year 2011 was MUSD -6.2. Loss before tax for the period was MUSD -6.2.

Statement of Financial Position
Book value of the three existing vessels was MUSD 110.5 of which MUSD 71.2 relates to existing vessels and MUSD 39.2 to installments on newbuildings. Total current assets were MUSD 66.4, of which MUSD 59.0 was cash. The company did not have any interest bearing debt as of 30.06. Total current liabilities were MUSD 9.1.
During first half of 2011, the Company raised USD 178 mill in new equity, of which USD 126 million was raised in April 2011. Initially, USD 39 million of the funding was issued as shareholder loans, however these loans were converted to equity in the second quarter in connection with the private placement in April. Transaction costs related to the funding represents approx. USD 2.5 million. Book equity was MUSD 167.9 as per 30.06.

Corporate, market conditions and company strategy
Organization
The Company had no employees working in the Company during the first half 2011. However, during the second quarter the Company has employed Snorre S. Krogstad as CFO, Ian Walker as SVP chartering and Jan Espen Andersen as Head of Operations, all have joined the Company during August 2011.
In March 2011 the Company entered into a management-on-hire agreement with Awilco AS related to the CEO, Jon Skule Storheill. In addition, Awilco LNG entered into an administrative management agreement with Awilhelmsen Management AS, a commercial agreement with Awilco As and a supervisory technical management agreement with Wilhelmsen Marine Services AS, which again entered into a technical management agreement with V.Ships LNG in the UK.
Newbuildings
Awilco LNG has entered into a firm newbuilding contract for two 156,900 cbm LNG carriers at DSME with expected delivery in August and November 2013. The construction cost is approximately MUSD 200 each, subject to final specifications. In addition, the Company holds an option for delivery of two additional LNG vessels, which the Company can exercise at any point before 20 September 2011.
The financing of the first three installments will be by equity, while the last installment will be a combination of debt and equity. The company has not secured debt financing of the two newbuildings as per today.
In June 2011, Awilco LNG entered into a technical management agreement with Wilhelmsen Marine Services in June 2011 for supervision of the newbuilding contracts in Korea.

Vessel contract status and market conditions
As anticipated, it has taken some time to find suitable employment for all existing vessels. This is partly due to loss of major approvals as a result of change of ownership of the vessels, requirement for SIRE reports, as well as the constraints related to time available at berths related to cooling of the tanks.
Currently WilPower and WilGas are employed for short term periods with options for extensions, while WilEnergy is currently marketed for employment.
The general positive trend in the market for LNG vessels continued during 1st half of 2011, with an anticipated ease of activity during the summer months. The average day rates have increased from USD 41,000 per day in 2010 to above USD 80,000 per day in 2011 for modern vessels, and approximately USD 30,000 less for older tonnage.
The global market outlook for LNG demand continues to be strong, with a forecasted annual growth of about 6% for the period 2010 to 2020. The current order book is at approximately 17%, of which only about 3% supply growth is expected during 2012 (including FSRU orders). The current shipyard capacity is limited prior to late 2014.

Strategy
Awilco LNG ASA was established in February 2011. The principal activity of Awilco LNG ASA and its subsidiaries is the investment in and operation of LNG transportation vessels. The three second hand vessels were delivered to the company during 1st half 2011, and the two newbuilding vessels will be delivered during 2nd half 2013.
The short term focus of the company is to secure employment for the existing three vessels.
The medium term strategy will be to secure medium to long term contracts for the two newbuildings and the existing vessels will be marketed for both conventional contracts as well as possible FSRU conversion projects.

Forward Looking Statements
This Operating and Financial Review contains certain forward-looking statements that involve risks and uncertainties. Forward-looking statements are sometimes, but not always, identified by such phrases as "will", "expects", "is expected to", "should", "may", "is likely to", "intends" and "believes". These forward-looking statements reflect current views with respect to future events and are, by their nature, subject to significant risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. These statements are based on various assumptions, many of which are based, in turn, upon further assumptions, including Awilco LNG's examination of historical operating trends. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the competitive nature of the offshore drilling industry, oil and gas prices, technological developments, government regulations, changes in economical conditions or political events, inability of the Company to obtain financing on favourable terms, changes of the spending plan of our customers, changes in the Company's operating expenses including crew wages, insurance, dry-docking, repairs and maintenance, failure of shipyards to comply with delivery schedules on a timely basis and other important factors mentioned from time to time in our reports.

Statement of Responsibility
We confirm that, to the best of our knowledge, the condensed set of financial statements for the first six months of 2011, which has been prepared in accordance with IAS 34 Interim Financial Statements, gives a true and fair view of the Company's consolidated assets, liabilities, financial position and results of operations, and that the interim management report includes a fair review of the information required under the Norwegian Securities Trading Act section 5-6 fourth paragraph.

For further information please contact:
Jon Skule Storheill
Chief Executive Officer
Phone: +47 22 01 42 09

Snorre S. Krogstad
Chief Financial Officer
Phone: + 47 22 01 42 49

NHST Media Group

Company news

2011-08-30 14:47:11

Meldepliktig handel

Company news

2011-08-30 11:03:36

Sparebanken Vest har 30. mai 2011 solgt 74 000 aksjer i Oslo Børs VPS Holding ASA til kurs NOK 88,00 pr. aksje og 31. mai 2011 solgt 276 505 aksjer i Oslo Børs VPS Holding ASA til kurs NOK 89,75 pr. aksje.

Ny beholdning etter salgene er 200 000 aksjer i Oslo Børs VPS Holding ASA.

Sparebanken Vest er nærstående til Benedicte Schilbred Fasmer som er direktør for Kapitalmarked i Sparebanken Vest og styremedlem i Oslo Børs VPS Holding ASA.

Mandatory notification of trade

Company news

2011-08-30 11:02:24

Sparebanken Vest has on 30 May 2011 sold 74,000 shares in Oslo Børs VPS Holding ASA at the price of NOK 88.00 per share and on 31 May 2011 sold 276,505 shares in Oslo Børs VPS Holding ASA at the price of NOK 89.75 per share.

After the transaction Sparebanken Vest holds 200,000 shares in Oslo Børs VPS Holding ASA.

Sparebanken Vest is close associate of Benedicte Schilbred Fasmer who is Director Capital Markets Division in Sparebanken Vest and board member of Oslo Børs VPS Holding ASA.

Endring av aksje: Intellisearch AS (INTS)

Corporate actions

2011-08-30 10:11:37

Det er foretatt endringer i Intellisearch AS (ISIN:NO0010277239, ticker INTS). Aksjebeholdningen er øket fra 102 600 335 til 106 100 335. Emisjonsverdien er øket fra 10 260 034 til 12 115 034.

MARINE ACCURATE WELL ASA - MARACC ENTER MANAGEMENT AGREEMENT WITH ODFJELL DRILLING AS

Company news

2011-08-29 15:46:35

Ocean Rig UDW Inc. (OCRG)

Company news

2011-08-29 15:14:35

Ocean Rig UDW Inc. (OCRG)

Company news

2011-08-29 06:05:50

ITCL - Q2 2011 Presentation

Company news

2011-08-26 17:40:03

Independent Tankers Corporation Limited advises that a presentation of its
second quarter 2011 results that were released August 26, 2011, is available on
the Company's website: http://www.itcl.bm and in the link enclosed.

Oslo, August 26, 2011



Q2 2011 Presentation:
http://hugin.info/138953/R/1541720/471762.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Independent Tankers Corporation Limited via Thomson Reuters ONE

[HUG#1541720]

ITCL - Second Quarter and Six Months 2011 Results

Company news

2011-08-26 17:10:02

Highlights

* Independent Tankers reports a net loss of $0.05 million, equivalent to a
loss per share of $0.001 for the second quarter of 2011.
* Independent Tankers reports net income of $8.1 million, equivalent to
earnings per share of $0.11, for the six months ended June 30, 2011.
* In July 2011, BP Shipping Limited extended the bareboat charters for British
Pride and British Purpose until July 2013.


Introduction

Independent Tankers Corporation Limited (the "Company" or "Independent Tankers")
was incorporated in Bermuda on January 18, 2008 and the shares have traded on
the Norwegian over-the-counter market, since March 7, 2008. Independent Tankers'
business is mainly concentrated on the ownership and operation of crude oil
tankers on long term bareboat contracts, which include certain cancellation
options, to major oil companies. Independent Tankers owns or leases six VLCC's
and three Suezmax tankers. All vessels are financed through bonds in the US
market and one vessel is also subject to financial lease arrangements. The main
shareholder is Frontline Ltd. ("Frontline") with an ownership of approximately
83 percent.

Second Quarter and Six Months 2011 Results

The Board of Independent Tankers announces a net loss of $0.05 million,
equivalent to a loss per share of $0.001 for the second quarter of 2011. This
compares with net income of $8.2 million, equivalent to earnings per share of
$0.11 for the preceding quarter. The decrease is primarily due to the gain of
$8.8 million that was recognized in the first quarter on the termination of a
funding agreement in the Golden State group.

The Ulriken (formerly Antares Voyager) and the Pioneer continued to trade in the
spot market and the average daily time charter equivalents ("TCEs") earned in
the second quarter were $23,500 and $16,400, respectively. The average daily
bareboat rate earned in the second quarter by the Company's VLCCs was $23,300,
which was the same as the preceding quarter.

Interest income for the quarter decreased by $0.6 million to $1.5 million mainly
due to the termination of the Golden State funding agreement in March, resulting
in the transfer of cash to lower interest bearing deposit accounts. Interest
expense of $7.4 million for the second quarter was the same as the prior
quarter. At June 30, 2011, all of the Company's bond debt of $295.9 million is
at fixed interest rates ranging from 7.84% to 8.52%.

In August 2011, the Company has average total cash cost breakeven rates for the
remaining part of 2011 for its two spot traded VLCCs of $32,400 per day and
$19,200 per day for the four bareboat vessels.

Chartering Summary

In July 2011, BP extended the bareboat charters for the VLCCs British Purpose
and British Pride for one additional year. As a result, the British Purpose will
trade on a market rate with a minimum bareboat rate of $20,000 per day from July
15, 2011 until July 14, 2013. The British Pride traded on a bareboat rate of
$24,895 per day until the fixed period ended on July 30, 2011 and will trade on
a market rate with a minimum bareboat rate of $20,000 per day until July
30, 2013.

Other Matters

On July 15, 2011, the UK tax lease arrangement between Holyrood Shipping Plc and
Commerzbank Leasing for the VLCC British Pride was terminated and the
outstanding lease obligation was settled in full using restricted cash. At June
30, 2011 the lease obligation was $70.3 million. The termination was cash
neutral for the Company. The vessel was then sold to Holyrood Petro Limited, a
previously dormant subsidiary of the Company, which simultaneously entered into
a lease with Holyrood Shipping Plc.

74,825,166 ordinary shares were outstanding as of June 30, 2011, and the
weighted average number of shares outstanding for the first quarter was also
74,825,166.

The Market

The market rate for a VLCC trading on a standard 'TD3' voyage between The
Arabian Gulf and Japan in the second quarter of 2011 was WS 53; equivalent to
$8,000/day; representing a decrease of approximately WS 5.5 points from the
first quarter of 2011 and a decrease of WS 35 points from the second quarter of
2010. Present market indications are approximately $9,000 to 10,000/day in the
third quarter of 2011.

The market rate for a Suezmax trading on a standard 'TD5' voyage between West
Africa and Philadelphia in the second quarter of 2011 was WS 77; equivalent to
approximately $13,500/day compared to approximately $18,200/day in the first
quarter of 2011, representing a decrease of approximately WS 6 points from the
first quarter of 2011 and a decrease of WS 37 points from the second quarter of
2010. Present market indications are approximately $7,000/day in the third
quarter of 2011.

Bunkers at Fujairah averaged $657/mt in the second quarter of 2011 compared to
$600/mt in the first quarter of 2011. Bunker prices varied between a low of
$611/mt at the beginning of May and a high of $686/mt on the 10th of April. On
August 24, 2011, the quoted bunker price in Fujairah was 661/mt.

Philadelphia bunkers averaged $681/mt in the second quarter, which was an
increase of $77/mt from the first quarter of 2011. Bunker prices varied between
a low of $566/mt mid May and a high of $720/mt at the beginning of April. On
August 24, 2011, the quoted bunker price in Philadelphia was 672/mt.

The VLCC fleet totalled 573 vessels at the end of the second quarter of 2011, up
from 561 vessels at the end of the previous quarter. 15 VLCCs were delivered
during the quarter versus an estimated 18 at the beginning of the year. The
orderbook counted 149 vessels at the end of the second quarter, down from 164
orders from the previous quarter. Three new orders were placed during the
quarter, whilst three contracts were cancelled, and the current orderbook
represents approximately 27 percent of the VLCC fleet. During the quarter three
vessels were removed from the trading fleet and according to Fearnleys the
single hull fleet stands at 35 vessels.

The Suezmax fleet totalled 430 vessels at the end of the second quarter, up from
420 vessels at the end of the previous quarter. 10 vessels were delivered during
the quarter versus an estimated 13 at the beginning of the year. The orderbook
counted 126 vessels at the end of the quarter, down from 131 vessels at the end
of the previous quarter. Six new orders were placed whilst one was cancelled
during the quarter and the current orderbook now represents 29 percent of the
total fleet. No vessels were removed from the trading fleet and according to
Fearnleys the single hull fleet now stands at 13 vessels.

The International Energy Agency's ("IEA") August 2011 report stated an average
OPEC oil production, including Iraq, of 29.3 million barrels per day (mb/d)
during the second quarter of the year. This was a decrease of 630,000 barrels
per day compared to the first quarter of 2011 and an increase of 330,000 barrels
per day compared to the second quarter of 2010.
IEA further estimates in their August 2011 report that the global oil demand
decreased by 1.0 mb/d or 1.1 percent in the second quarter of 2011 compared to
the first quarter of 2011. At the same time the tanker market experienced a
growth in fleet supply in the second quarter of 2011 due to a high number of
newbuilding deliveries despite fewer actual deliveries in the second quarter of
2011 than anticipated, with 17 percent slippage in the VLCC segment and 23
percent in the Suezmax segment. Henceforth the weak tanker market experienced in
the second half of 2010 also continued in the first half of 2011 and so far into
the third quarter of 2011.

The decision by the IEA to temporarily release 60 million barrels from global
strategic petroleum reserves proved negative for tanker demand and we noticed a
decrease in long-haul imports to the US. Further, the current international
situation has delayed the economic recovery and future oil demand might suffer.

The newbuilding orderbook at the end of the second quarter 2011 includes a high
number of expected vessel deliveries in 2011 and 2012. However, the actual
number of deliveries is likely to be lower due to the expected delays, slippage
and cancellations of newbuilding orders going forward.

The International Monetary Fund forecasts world growth to rise by approximately
4.3 percent and 4.5 percent in 2011 and 2012, respectively and the IEA projects
an increase in world's oil consumption in 2011 by 1.2 mb/d compared to 2010 and
in 2012 by 1.6 mb/d compared to 2011. This is not enough to absorb the
newbuilding orderbook, but will help mitigate.

Strategy and Outlook

The Company's strategy is mainly concentrated around chartering out the vessels
on long term charters to reputable oil companies and for the time being BP and
Chevron. The Company's charter coverage for its six double hull VLCCs is 67
percent for the remaining part of 2011, 67 percent in 2012 and 23 percent in
2013 if the charters are not extended. The charter coverage for the three double
hull Suezmax tankers is 100 percent until 2015.

Independent Tankers has historically not been influenced by spot market exposure
due to fixed bareboat contracts on all the vessels. As a consequence of the
termination of the bareboat charters for the VLCCs Pioneer and Ulriken, the
Company will be exposed to market fluctuations for these vessels. Frontline, as
manager, is obligated to find potential buyers for the vessel subject to certain
price requirements and a bondholders meeting must be held in order to approve or
reject any offers. If there are no buyers or an offer is rejected by the
bondholders, Frontline needs to seek bareboat, time or spot charters for the
vessels which meet the requirements of the indentures. The broker valuations
received for Pioneer at June 30, 2011 indicate that the market value of the
vessel is slightly lower than the net debt on the vessel. The other three VLCCs
in the Windsor Petroleum bond structure and the two VLCCs in the Golden State
Petroleum bond structure had estimated market values that were slightly higher
or higher than the net debt of the vessels at June 30, 2011. Due to the lack of
liquidity in the secondhand sale and purchase market for VLCCs there is
uncertainty to what extent the estimated market values can be achieved through
actual transactions. There is also uncertainty linked to what extent the
negative development in the tanker market since June 30 has influenced values.

During the third quarter of 2011, the Windsor Petroleum bond structure was
downgraded from B3 to Caa1 by Moody's Investors Service and from BB+ to BB- by
Standard and Poor's Rating Services. The reason for the downgrading was the
negative development in the tanker market.

The Company will continue to operate with low cash cost breakeven rates and
financing through the US bond market with maturities from 2015 to 2021. The
fixed minimum bareboat rates of $20,000 per day for three of the VLCCs and the
fixed bareboat contract of Phoenix Voyager in addition to the long term
financing creates a solid foundation for the Company going forward. However, the
uncertainty around a potential sale or, if not achievable, a charter to a non
investment grade counterparty for Ulriken and Pioneer, increases the risk of the
Company and might have negative influence on the Company's future profit and
credit profile.

Forward Looking Statements


This press release contains forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including the Company's management's examination of historical
operating trends. Although the Company believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, the Company cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions.

Important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in this press release include the
strength of world economies and currencies, general market conditions including
fluctuations in charter hire rates and vessel values, changes in demand in the
tanker market as a result of changes in OPEC's petroleum production levels and
world wide oil consumption and storage, changes in the Company's operating
expenses including bunker prices, drydocking and insurance costs, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the Norwegian over-the-
counter market in Oslo.

The full report is available for download in the link enclosed and from the
Company's website www.itcl.bm.

The Board of Directors
Independent Tankers Corporation Limited
Hamilton, Bermuda
August 25, 2011


Questions should be directed to:
Magnus Vaaler: Vice President Finance, Frontline Management AS
+47 23 11 40 21



2nd quarter 2011 results:
http://hugin.info/138953/R/1541713/471757.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Independent Tankers Corporation Limited via Thomson Reuters ONE

[HUG#1541713]

MOSU - Bonds, exercise of Call Options

Company news

2011-08-26 13:48:01

Mosvold Supply Plc. (the "Company") are financed, inter alia, by two convertible bonds, namely a convertible bond of USD 7.9 Million (following prepayment of USD 2.4 Million in Q3 2010 and prepayment of USD 0.7 Million in Q2 and Q3 2011), with 10% coupon and April 2012 maturity and a convertible bond of USD 11 million with 14% coupon and June 2012 maturity.

The Company today issued notice to the respective bondholders that it will exercise its Call Option pursuant to the above bond agreements.

The bonds will be redeemed at a redemption price of 115% of par value plus accrued interest on the redeemed amount.

The bondholders have as an alternative to redeem the bonds as above, the right to convert the bonds to shares in the Company, at a rate of 100% of par and a Conversion Price of USD 0.167 per share. If the Bondholders convert their bonds into shares, accrued interest on the bonds will accrue to the Issuer.

Such right must be exercised no later than end of business day, 9th September 2011.

For further information contact Marianne Andreassen Bekkevold, office phone +47 3804 1346 or Torstein Bringa, mob +47 4813 7090.

Altona Mining Limited (ALTM)

Company news

2011-08-26 03:59:10

Appendix 3B. Please click on the link for more details.

BASSDRILL LTD - Q2 2011 REPORT

Company news

2011-08-25 17:40:55

Please find attached the unaudited interim report for Q2 2011.

Highlights:

- BassDrill Alpha (23.38% ownership) - Total E&P Congo issued a conditional Letter of Award for a 6 well drilling contract, with extension provisions for up to 6 wells, for drilling in the Republic of Congo with commencement in October 2011.

- BassDrill Beta (100% ownership) - first steel was cut in July and all major components are on order. The vessel which is under construction at Dalian Shipybuilding Industry Offshore Co. Inc, (DSIC) under a turn key contract is scheduled for delivery early Q1, 2013. Following delivery the vessel will mobilize directly to Brazil and commence a 945 day drilling contract for Petrobras on the Papa Terra field.

- The market for tender assists has shown considerable improvement over the past 12 months and indications point toward sustained improvement going forward. We have also witnessed the tender market moving into new regions such as Brazil and the Caribbean.

- The increase in demand for tender assists is partially due to major operators desiring more contemporary units with the latest safety and operational attributes. This in itself will drive fleet replacement which will have a considerable impact on the tender assist fleet which has a high percentage of units beyond 25 years of age.

- A US$65 million equity offering was completed in April 2011.


For further information, please contact:
Kerry R. Kunz, CEO, BassDrill Ltd - tel: +1 832 715 2465.
Ole Geir Hagen, acting CFO, tel. +47 2300 1009 or +47 9760 0380

BDRL: BASSDRILL LTD - EMPLOYMENT OF CFO

Company news

2011-08-25 16:55:04

We are pleased to announce that Mr. Lasse B. Kjelsås has been employed as Chief Financial Officer (CFO). Mr. Kjelsås holds a Master of Science degree from the Norwegian School of Economics and Business Administration (NHH) and a Master of Science degree in finance from London Business School. Previous work experience includes financial analyst positions at Vital Forsikring AS (92-94) and Elcon Securities AS (95-99). From 1999 to 2007 Kjelsås worked in First Securities ASA's Corporate Finance department, initially as a senior advisor and from 2003 as a Director. Since January 2008 Kjelsås has held the position of CFO of Aker Clean Carbon AS. Mr. Kjelsås will join the Company at the end of the year.

Mr. Kjelsås' experience form the capital markets will play a key role in raising capital to support BassDrill's growth ambitions to become a leading tender assist drilling contractor.

For further information, please contact: Kerry R. Kunz, CEO, BassDrill Ltd - tel: +1 832 715 2465.

SFL - 2Q 2011 Presentation

Company news

2011-08-25 15:50:03

Press release from Ship Finance International Limited August 25, 2011

Please find enclosed the presentation of the preliminary second quarter results
to be held May 23, 2011 in the link below.

Also, a short webcast presentation of accounting items is available at the
following link: http://www.media-server.com/m/p/4s2wbzg5



Presentation of 2nd quarter 2011 results:
http://hugin.info/134876/R/1541317/471537.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1541317]

HITV - Resultat for første halvår 2011

Company news

2011-08-25 14:37:36

HitecVision er rådgiver for tre private equity fond med en samlet kommitert kapital på NOK 8 milliarder. Selskapets inntekter består av rådgivningshonorarer fra fondene og utdelinger knyttet til selskapets investeringer i fondene. Samlede inntekter for første halvår var NOK 51,6 millioner, mot NOK 54,5 millioner i første halvår 2010. Resultat etter skatt og minoritetsinteresser var NOK 10,5 millioner, mot NOK 9,5 millioner i første halvår 2010.

Selskapets halvårsrapport er vedlagt.

SFL - Second Quarter 2011 Results

Company news

2011-08-25 14:20:02

Ship Finance International Limited (NYSE: SFL) - Earnings Release

Reports preliminary 2Q 2011 results and quarterly dividend of $0.39 per share

Hamilton, Bermuda, August 25, 2011. Ship Finance International Limited ("Ship
Finance" or the "Company") today announced its preliminary financial results for
the quarter ended June 30, 2011.

Highlights

* The Board of Directors declared a quarterly dividend of $0.39 per share.
* Net income for the quarter was $41.5 million, or $0.52 per share, including
an accrued profit share in the second quarter of $0.2 million.
* Two old combination carriers and a jack-up drilling rig were sold in the
quarter with an aggregate gain on sales of approximately $9.9 million.
* The Company took delivery of the second 2010-built 13,800 teu container
vessel to CMA-CGM with 15-year time charter.
* The Company contracted four newbuilding 4,800 teu container vessels in the
quarter. Delivery is scheduled in 2013 and the vessels have already been
chartered out for seven years from delivery.
* Bank financing has been arranged for all vessels under construction and is
expected to be higher than the remaining yard installments.



Dividends and Results for the Quarter Ended June 30, 2011

The Board of Directors has declared a quarterly cash dividend of $0.39 per
share. Ship Finance has now paid dividends for 30 consecutive quarters. The
dividend will be paid on or about September 29, 2011 to shareholders of record
as of September 9, 2011. The ex-dividend date will be September 7, 2011.

The Company reported total U.S. GAAP operating revenues on a consolidated basis
of $73.8 million, or $0.93 per share, in the second quarter of 2011. This number
excludes $25.0 million of charter hire classified as 'repayment of investments
in finance lease', and also excludes $104.3 million of charter revenues earned
by assets classified as 'investment in associate'.

The profit share income in the second quarter was $0.2 million compared to $2.3
million in the first quarter of 2011. The reduced profit share was a result of a
continued weak tanker market in the second quarter. The Company recorded a gain
on sale of assets of $9.9 million in the quarter, including $4.1 million
classified as 'gain on sale of associate' related to the sale of a jack-up
drilling rig accounted for as 'investment in associate'.

Reported net operating income pursuant to U.S. GAAP for the quarter was $44.6
million, or $0.56 per share, and reported net income was $41.5 million, or $0.52
per share.

Ole B. Hjertaker, Chief Executive Officer of Ship Finance Management AS said in
a comment: "This has been another active quarter for the Company, where we have
taken delivery of a 13,800 teu container vessel, contracted four newbuilding
4,800 teu container vessels and sold one jack-up drilling rig and two older
combination carriers. We have also sourced financing for the whole newbuilding
program, where net proceeds from the financing will exceed remaining
installments."

Mr. Hjertaker continued: "We continue to develop our fleet and backlog of fixed
rate charters, which as of June 30, 2011 was approximately $6.9 billion, and
with more than 11 years of remaining charter term if weighted by charter
revenue. The Company has a strong balance sheet and the recently announced
financings demonstrate our premium access to the capital markets. We are
therefore well positioned for continued selective growth within our core
segments, while always maintaining our conservative profile".



The full report can be found in the link below.



August 25, 2011
The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda








Questions should be directed to:



Investor and Analyst Contact:

Eirik Eide, Chief Financial Officer, Ship Finance Management AS
+47 23114006 / +47 95008921

Magnus T. Valeberg: Vice President, Ship Finance Management AS
+47 23114012 / +47 93440960



Media Contact:

Ole B. Hjertaker, Chief Executive Officer, Ship Finance Management AS
+47 23114011 / +47 90141243





Forward Looking Statements

This press release contains forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends, data contained in the Company's records and other data
available from third parties. Although Ship Finance believes that these
assumptions were reasonable when made, because assumptions are inherently
subject to significant uncertainties and contingencies which are difficult or
impossible to predict and are beyond its control, Ship Finance cannot give
assurance that it will achieve or accomplish these expectations, beliefs or
intentions.

Important factors that, in our view, could cause actual results to differ
materially from those discussed in the forward-looking statements include the
strength of world economies, fluctuations in currencies and interest rates,
general market conditions including fluctuations in charter hire rates and
vessel values, changes in demand in the markets in which we operate, changes in
demand resulting from changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, developments regarding the technologies
relating to oil exploration, changes in market demand in countries which import
commodities and finished goods and changes in the amount and location of the
production of those commodities and finished goods, increased inspection
procedures and more restrictive import and export controls, changes in our
operating expenses, including bunker prices, drydocking and insurance costs,
performance of our charterers and other counterparties with whom we deal, timely
delivery of vessels under construction within the contracted price, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents or political events, and other important factors described from
time to time in the reports filed by the Company with the Securities and
Exchange Commission.


Links to the full report and a webcast presentation of accounting items can be
found below:



Second Quarter 2011 Results:
http://hugin.info/134876/R/1541248/471487.pdf

Accounting items:
http://www.media-server.com/m/p/4s2wbzg5




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1541248]

NADL- North Atlantic Drilling announces Second Quarter 2011 results

Company news

2011-08-25 08:35:11

NADL - North Atlantic Drilling reports second quarter 2011 results

Hamilton, Bermuda, August 25, 2011 - North Atlantic Drilling reports second quarter 2011 results

Highlights

* North Atlantic Drilling generates second quarter 2011 EBITDA*) of US$147.5 million
* North Atlantic Drilling reports second quarter 2011 net income of US$70.2 million and earnings per share of US$0.07
* North Atlantic Drilling resolves to distribute a regular cash dividend of US$0.035 per share
* North Atlantic Drilling completes the acquisition of six harsh environment drilling units from Seadrill Limited (including one newbuild under construction)
* North Atlantic Drilling acquires the construction contract for a new harsh environment jack-up rig called West Linus
* North Atlantic Drilling secures a new contract for West Alpha with an estimated revenue potential of US$100 million

Subsequent events

* North Atlantic Drilling takes delivery of the harsh environment jack-up rig West Elara from Jurong Shipyard
* North Atlantic Drilling receives 90 days contract extension for West Alpha with an estimated revenue potential of US$43 million

*) EBITDA is defined as earnings before interest, depreciation and amortization equal to operating profit plus depreciation and amortization.

Second quarter 2011 results

Consolidated revenues for the second quarter of 2011 amounted to US$233.0 million.

Operating profit for the quarter was US$112.7 million.

Net financial items for the quarter amounted to a loss of US$33.5 million and included US$22.6 million in interest expenses, a US$4.2 million loss on derivative financial instruments, mainly related to interest rate swap agreements and currency exchange losses of US$10.2 million.

Income taxes for the second quarter were US$8.9 million.

Net income for the quarter was US$70.2 million and basic earnings per share US$0.07.

Chairman of North Atlantic Drilling Ltd Alf C Thorkildsen says in a comment, "We are pleased to report the first stand-alone quarterly result for North Atlantic Drilling. The second quarter results reflect strong operational performance and cost control. In line with our communicated dividend policy, we have resolved to pay out a quarterly cash dividend of US$0.035 per share and are targeting a listing of the Company's shares on the Oslo Stock Exchange in the fourth quarter this year."

For further information, please see the second quarter 2011 report attached.

SUCCESSFULLY COMPLETED RIGHTS ISSUE

Company news

2011-08-24 15:58:33

Independent Oil & Resources ASA has successfully completed the Rights Issue announced on 3rd August 2011.

The subscription periode has been closed, and the Company will issue 319 504 609 new shares at a price of NOK 0,10 per share. Total shares after the Rights Issue will be 958 513 828, each with a par value of NOK 0,025. New share capital will be NOK 23.962.845,71.

Allocation letter will be distributed today, Wednesday August 24th, and payment will take place on or about 29th August 2011.

For further information - please contact Jan Egil Mo, phone: + 47 40 400430 or e-mail: jem@janem.no

Fjerning av aksje: Hansa Property Group AS (HPRO)

Corporate actions

2011-08-24 09:10:30

Hansa Property Group AS (ISIN:NO0010401136, ticker HPRO) er fjernet fra handelsstøttesystemet

Marine Subsea - Restructuring Proposal - Summons to Bondholders' Meeting

Company news

2011-08-24 08:22:03

The Summons is also available on the company web page.

www.marinesubsea.no

For further information, please contact:
Kristen Jakobsen, Managing Director; +47 91 54 84 08
Thomas Fjell, Director of Strategic & Legal Affairs; +47 48 89 44 26

Årsrapport 2010 for Remora AS

Company news

2011-08-23 14:18:34

Årsrapport 2010 for Remora AS følger vedlagt.

Denne er vedtatt på ordinær generalforsamling som ble avholdt 4. mars 2011 og er i den forbindelse publisert på selskapets hjemmeside.

MOSU: Report 2nd Quarter 2011

Company news

2011-08-23 10:22:43

Please find attached the 2nd Quarter 2011 Report for Mosvold Supply Plc.

For further information contact CEO Torstein Bringa, mob +47 4813 7090.

Konsern og årsregnskap 2010

Company news

2011-08-23 09:34:38

Årsrapport 2010 for IntelliSearch AS

Company news

2011-08-22 17:03:09

Årsrapport 2010 for IntelliSearch AS følger vedlagt.

MARINE ACCURATE WELL ASA (MARACC) PRESENTS ANNUAL REPORT 2010

Company news

2011-08-22 15:28:11

Stavanger, 22nd August 2010
Marine Accurate Well ASA - Maracc presents the Annual Report 2010 on www.maracc.no. The report was made available on 26th May 2010.

For further information, please contact:
Asle Solheim, CEO (+47 99 32 84 65)

Awilco LNG ASA - Results of the Extraordinary General Meeting

Company news

2011-08-22 13:34:11

The Extraordinary General Meeting of Awilco LNG ASA was held today 22 August 2011 at CET 10:00. All matters were approved as set out in the Notice of the Extraordinary General Meeting dated 5 August 2011.

A copy of the Minutes of the Extraordinary General Meeting is also available on the company's webpage www.awilcolng.no


Oslo, 22 August, 2011

Awilco LNG ASA

Questions should be directed to:

Jon Skule Storheill, Chief Executive Officer, Awilco LNG ASA
+47 2201 4200

Awilco LNG ASA is a Norwegian based owner and operator of LNG vessels intended for international trade. The company currently owns three 125,000 cbm LNG vessels; WilGas, WilPower and WilEnergy. In addition, the company has entered into a new building contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in Korea for two 155,900 cbm LNG vessels to be delivered during the 3rd and 4th quarter of 2013 and has the option for another two LNG vessels with similar specifications. Awilco LNG ASA has an industrial approach and a long-term commitment to the sector.