Company	Value (Nkr)	Value (US$)	Stake	Country
Anadarko	2 062 314 886	238 165 973	1.08%	US
Apache	869 996 718	100 471 376	1.01%	US
ARC Resources	221 810 817	25 615 773	1.22%	Canada
Bangchak	252 383 240	29 146 422	2.17%	Thailand
Baytex Energy	118 885 959	13 729 518	1.40%	Canada
Beach Energy	274 076 487	31 651 662	1.47%	Australia
Cenovus Energy	495 371 256	57 207 839	0.66%	Canada
Chesapeake Energy	189 014 986	21 828 353	1.14%	US
CNOOC Ltd	2 859 691 104	330 250 787	0.48%	China
CNX Resources	359 339 350	41 498 224	1.78%	US
Concho Resources	1 398 633 846	161 520 917	0.78%	US
Continental Resources	443 855 970	51 258 607	0.34%	US
Crescent Point Energy	179 851 852	20 770 151	1.25%	Canada
Delek US Holdings	590 836 931	68 232 671	2.56%	US
Denbury Resources	111 629 419	12 891 498	1.64%	US
Devon Energy	916 099 317	105 795 525	1%	US
Diamondback Energy	1 186 369 650	137 007 634	0.90%	US
Encana	408 216 987	47 142 847	0.86%	Canada
Enerplus	227 454 917	26 267 580	1.39%	Canada
EOG Resources	4 224 687 588	487 887 101	0.96%	US
EQT	398 335 642	46 001 702	0.96%	US
Esso Thailand	7 846 020	906 096	0.08%	Thailand
Extraction Oil & Gas	18 555 972	2 142 932	0.28%	US
Formosa Petrochemical	982 106 548	113 418 355	0.34%	Taiwan
Fuji Oil	49 918 754	5 764 856	2.72%	Japan
Gibson Energy	223 491 305	25 809 843	1.31%	Canada
Gran Tierra Energy	108 181 286	12 493 292	1.45%	Canada
Gulfport Energy	150 824 471	17 417 930	1.53%	US
Hankook Shell Oil	32 459 763	3 748 608	0.96%	South Korea
HollyFrontier	822 258 283	94 958 314	1.07%	US
Idemitsu Kosan	664 783 659	76 772 392	1.12%	Japan
Indian Oil Corporation	533 520 747	61 613 524	0.32%	India
Inpex	1 296 030 398	149 671 781	1.14%	Japan
IRPC	232 428 755	26 841 983	0.74%	Thailand
Jagged Peak Energy	56 732 299	6 551 717	0.34%	US
K&O Energy Group	43 128 036	4 980 632	1.20%	Japan
Karoon Energy	19 196 259	2 216 876	1.52%	Australia
Kelt Exploration	4 260 570	492 031	0.08%	Canada
Keyera	334 340 309	38 611 216	0.98%	Canada
Kosmos Energy	71 865 023	8 299 316	0.51%	US
Kunlun Energy	765 438 622	88 396 508	1.03%	China
Laredo Petroleum	100 543 254	11 611 215	1.37%	US
Lundin Petroleum	876 906 180	101 269 314	1.19%	Sweden
Marathon Oil	1 022 793 091	118 117 031	0.99%	US
Matador Resources	50 866 581	5 874 316	0.33%	US
Motor Oil Hellas Corinth Refineries	162 953 609	18 818 661	0.71%	Greece
Murphy Oil	489 191 704	56 494 194	1.40%	US
Naphtha Israel Petroleum	11 161 582	1 288 993	0.21%	Israel
Newfield Exploration	322 153 378	37 203 811	1.27%	US
Noble Energy	679 313 611	78 450 380	0.87%	US
Nostrum Oil & Gas	40 429 777	4 669 024	1.89%	UK
Novatek	1 284 948 453	148 391 984	0.30%	Russia
NuVista Energy	65 971 022	7 618 649	1.13%	Canada
Oasis Petroleum	159 595 913	18 430 898	1.05%	US
Obsidian Energy	23 316 528	2 692 704	1.42%	Canada
Occidental	3 952 168 515	456 415 296	0.98%	US
ONGC	941 608 735	108 741 474	0.39%	India
Oil India Ltd	17 571 102	2 029 195	0.07%	India
Oil Refineries Ltd	159 626 306	18 434 408	1.21%	Israel
Oil Search	759 648 464	87 727 833	1.14%	Australia
Ophir Energy	66 009 034	7 623 038	2.37%	UK
Paramount Resources	7 422 349	857 168	0.12%	Canada
Parex Resources	353 987 537	40 880 171	2.20%	Canada
Parsley Energy	302 448 567	34 928 205	0.69%	US
Paz Oil	203 700 069	23 524 257	1.53%	Israel
PBF Energy	498 106 086	57 523 670	1.47%	US
PDC Energy	152 249 296	17 582 476	0.89%	US
Peyto Exploration & Development	101 736 805	11 749 052	1.37%	Canada
Pioneer Natural Resources	1 735 863 510	200 465 809	0.89%	US
PrairieSky Royalty	203 182 176	23 464 448	0.77%	Canada
Premier Oil	108 122 720	12 486 528	1.80%	UK
ProPetro Holding	56 532 571	6 528 651	0.63%	US
PTTEP	351 874 498	40 636 148	0.29%	Thailand
PTT	1 874 262 243	216 448 756	0.54%	Thailand
QEP Resources	166 510 455	19 229 423	1.44%	US
QGEP	23 904 484	2 760 604	0.43%	Brazil
Range Resources	163 866 710	18 924 110	0.79%	US
Reliance Industries	4 201 341 471	485 190 980	0.48%	India
S-Oil	536 808 426	61 993 201	0.63%	South Korea
Santos	1 024 442 383	118 307 499	1.47%	Australia
Saras	575 066 758	66 411 456	3.61%	Italy
Senex Energy	37 250 546	4 301 871	1.53%	Australia
Seven Generations Energy	223 134 340	25 768 619	0.87%	Canada
SK Innovation	1 295 796 895	149 644 814	0.99%	South Korea
SM Energy	186 673 197	21 557 912	1.24%	US
Southwestern Energy	259 481 084	29 966 115	1.51%	US
SRC Energy	96 375 562	11 129 910	0.98%	US
Targa Resources	542 126 613	62 607 371	0.76%	US
Thai Oil	90 354 122	10 434 526	0.25%	Thailand
Toa Oil	12 326 682	1 423 544	0.81%	Japan
TORC Oil & Gas	69 433 772	8 018 544	1.16%	Canada
Tourmaline Oil	241 765 112	27 920 190	0.83%	Canada
Tullow Oil	576 817 525	66 613 643	2.10%	UK
Tupras Turkiye Petrol Rafinerileri	550 666 451	63 593 592	1.16%	Turkey
United Energy Group	50 153 581	5 791 975	0.14%	Hong Kong
Valero Energy	2 906 644 823	335 673 227	1.06%	US
Vermilion Energy	276 023 169	31 876 474	0.99%	Canada
Whitecap Resources	167 885 274	19 388 193	1.46%	Canada
Whiting Petroleum	206 685 995	23 869 086	1.16%	US
WildHorse Resource Development	29 147 039	3 366 039	0.23%	US
Woodside Petroleum	2 497 948 746	288 475 052	1.40%	Australia
WPX Energy	283 375 213	32 725 523	0.69%	US

Norway 'should pull E&P stakes from pension fund'