Spring Energy Awarded 5 Licenses in the APA 2010 Round - 2 as Operator

Spring Energy has been awarded 5 licenses in the APA 2010 Round, which includes 2 licenses where the Company is an operator for the first time. Both the operated licenses are located in the Norwegian Sea. 
Spring Energy is very pleased with all the awards and this is another important step forward in the growth of the Company.
Following this award, Spring Energy now holds a total of 24 licenses on the NCS.
Since its startup in 2008, the Company has already enjoyed considerable success. Through a combination of successful applications for acreage in NCS licensing rounds, acquisitions, exploration, swapping of assets and active management of the asset portfolio, Spring Energy has established a well balanced combination of quality exploration, appraisal and production assets.
Source: Press release