SOURCE: Business Review Europe

Business Review Europe

March 21, 2011 13:06 ET

Yngve Vassmyr, CEO of Front Exploration, Discusses New Ownership and Contributing to Developments in Oil and Gas Exploration With Business Review Europe

SAN DIEGO, CA--(Marketwire - March 21, 2011) - Front Exploration is a young and enthusiastic company, headquartered in Tromsø, Norway and its ambition is to become the leader in the exploration of hydrocarbons in the High North.

Working on the Norwegian Continental Shelf the company is dedicated to becoming a sustainable oil and gas company which creates value for the society and its shareholders. "We want to be in front as a High North participant in the oil and gas industry," says Yngve Vassmyr, Chief Executive Officer at Front Exploration. "We shall be an attractive and forward thinking partner and employer, and we will contribute to further developments within oil and gas exploration in the High North."

Exploring in what the company identifies as 'undiscovered locations,' Front Exploration is required to take into account harsh climatic conditions and environmental constraints, however Vassmyr emphasises that the company's success is "based on safe and sustainable operations."

"One of our main advantages is that we are the only oil and gas exploration company located in the High North. We have an extremely competent organisation with a lot of experience and we are focused on ensuring the company is sustainable," says Vassmyr.

Read the full article, here.

About Front Exploration AS

Front Exploration AS, the oil exploration company founded in 2005 and formerly known as Discover Petroleum AS, changed its name in 2010 after facing a challenging year, during which it changed its ownership, becoming more locally established. While the name change did not alter the core focus of the company it has re-established its core values in the public domain.

About Business Review Europe

Business Review Europe is a leading digital media source of news and content for C-level executives focused on business and industry-specific news throughout Europe. Business Review Europe is the territory-dedicated arm of the White Digital Media Group. Founded in 2007 by entrepreneur Glen White, White Digital Media retains a diversified portfolio of websites, magazines, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news.

Business Review Europe is headquartered in Norwich, UK. For more information, contact 44 (0)1603 217530 or visit http://businessrevieweurope.eu/.

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