Statoil Discovers More Gas In The Barents Sea – ValueWalk Premium
Statoil

Statoil Discovers More Gas In The Barents Sea

Statoil ASA (NYSE:STO) has recently made a gas discovery in the Iskrystall field in the Barents Sea. The field is operated by Statoil with a 50 percent share in joint venture with Eni Norge AS (30 percent share) and Petoro AS (20 percent).

"Well 7219/8-2, drilled by the drilling rig West Hercules, has proved an approximately 200 metre gas column. After completion of Iskrystall, the West Hercules . . .

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