Private placements of NOK 2.0 million

MOORE Energy AS (MOORE) has completed two private placements of NOK 2.0 million towards existing shareholders.

MOORE Energy is a Norwegian oil and gas exploration and production company with focus on conventional resources in France. The company currently holds three exploration licenses and has since 2009 been in process of securing a unique position in France with a portfolio of 13 applications in the pipe line that have all passed the competition phase.