Statoil To Explore Barents Sea
Statoil ASA (NYSE:STO) is on track for an extensive exploration venture in the Skrugard area of the Barents Sea. This exploration operation will comprise four new prospects near its Skrugard and Havis discoveries and is due to start in late 2012. The campaign also includes production licenses PL532 and PL608. The company remains upbeat on [...]
Statoil ASA (NYSE:STO) is on track for an extensive exploration venture in the Skrugard area of the Barents Sea. This exploration operation will comprise four new prospects near its Skrugard and Havis discoveries and is due to start in late 2012. The campaign also includes production licenses PL532 and PL608.
The company remains upbeat on Barents Sea exploration that led to two significant oil discoveries with estimated recoverable volumes of 400 million to 600 million barrels of oil equivalent in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards