Statoil Oil Updates on its New Barents Sea Find
Investing News Network - January 9th, 2012
Bloomberg reported that according to Statoil ASA (NYSE:STO), the oil find in the Barents Sea is the equivalent to the Skrugard field in Norway.
Bloomberg reported that according to Statoil ASA (NYSE:STO), the oil find in the Barents Sea is the equivalent to the Skrugard field in Norway.
As quoted in the market news:
Statoil rose 0.6 percent to 154.6 kroner as of the close of trading in Oslo. The shares are up 11 percent in the past year.