Oranje-Nassau Energie and KKR join forces in quest for upstream oil & gas investment opportunities

Amsterdam, 4 February 2013

Oil and gas producer Oranje-Nassau Energie B.V. ("ONE") announced today that it has entered into a Memorandum of Understanding ("MOU") with leading global investment firm Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, "KKR") to jointly pursue potential investment opportunities in the upstream oil and gas sector, with a particular focus on Northwest Europe.

This initiative will leverage the combination of ONE’s technical, commercial and operating capabilities in the oil & gas industry, and KKR’s track-record in creating value through operational and financial excellence, as well as its access to global relationships and flexible capital solutions.

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