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Share Name | Share Symbol | Market | Type |
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NYSE:NOR | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.76 | 0.00 | 00:00:00 |
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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