Wood Mackenzie Limited has been appointed by the Ministry of Petroleum and Energy to undertake a valuation of the SDFI portfolio.

The report shows that as of January 1 2005 the net present value of the SDFI portfolio was NOK 625.7 billion. This represents an increase of NOK 214.3 billion compared to the value as of January 1 2004. Revised price estimates accounts for 175.8 billion of the value change. Thus the value increase of the underlying asset base excluding the impact of changes to the price assum

The Wood Mackenzie report (pdf format)

Press Release 23.06.05