Lucrum Energy was established in December 2016 by five highly experienced E&P professionals. Noreco ASA owns 15% of the company giving Lucrum Energy access to Noreco's collective knowledge base in the form of proprietary technical data and reports.


The multidisciplinary team has extensive knowledge and experience of the E&P business, a wide professional network and access to additional resources when needed.



Our Team


5 Highly experiences E&P professionals with the following skill set:

  • Exploration Geoscience
  • Development & Production Geology
  • Seismic Interpretation
  • Seismic Analysis
  • Facilities & Development Engineering
  • Prospect and Field Assessment
  • Technical and Economic Analyses
  • Decision Analyses
  • Business Development
  • Resource Potential Assessment
  • Corporate Planning and Strategy

Lars Fosvold

Co-Founder and General Manager


Petroleum Geologist and reservoir characterisation expert

Simon Campbell

Co-Founder & Chairman


Petroleum Geologist and exploration planning manager

Geir Djuve



Front End study manager, Facilities engineer and Asset manager

David Milas

Co-Founder & Geophysical Advisor


Petroleum Geophysicist & technical expert

Lars Atle Kjøde

Co-Founder & Financial Manager


Financial Manager and IFRS & accounting expert

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