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NOR

0.76
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
NYSE:NOR NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.76 0.00 00:00:00

Statoilhydro Makes Small Oil Find In Norwegian Sea

11/06/2009 8:07am

Dow Jones News


Northwestern (NYSE:NOR)
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   DOW JONES NEWSWIRES 

StatoilHydro Thursday said it had made a small oil discovery in the Norwegian Sea.

   MAIN FACTS: 

-Discovery is between three and five million standard cubic meters of recoverable oil.

-Wildcat well 6407/8-5 S, appraisal well 6407/8-5 A are located 20 km northeast of the Njord field and 10 km west of the Draugen field in the Norwegian Sea.

-Licensees will evaluate the size of the discovery in more detail before considering a development solution.

-StatoilHydro is operator

-Licensees are StatoilHydro (30%), GDF SUEZ E&P Norge (20%), Norwegian Energy Company (17.5%), E.ON Ruhrgas Norge (17.5%), Petoro (7.5%), Concedo (5%) and Endeavour Energy Norge (2.5%).

-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com

 
 

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