NORSK HYDRO ASA

"Norway's Norsk Hydro ASA in September won a $107 million exploration-and-development contract for the Khorramabad oil block in Iran. Under the deal, Norsk Hydro will drill a minimum of three wells and acquire hundreds of kilometers of seismic data on the site within four years. And the Norwegian group is now trying to deepen its investment in the Azar oil field, part of the 3,500-square-kilometer Anaran block." (The Wall Street Journal, "U.S. Sanction Threats Make Little Headway," July 12, 2007) (http://www.iranfocus.com/en/?option=com_content&task=view&id=11826)

Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, List of Companies Doing Business With State Sponsors Of Terror, Removed from the internet in July of 2007)

--