• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Resource Market
    Resource News
    Resource Stocks
    • Resource Market
    • Resource News
    • Resource Stocks

    Statoil Reveals Elephant-Sized Oil Discovery

    Investing News Network
    Aug. 17, 2011 10:20AM PST
    Resource Investing

    Forbes reports that Statoil(NYSE:STO) suggested that the Aldous and Avaldsnes oil discoveries in the North Sea is likely to contain 500 million and 1.2 billion barrels of recoverable oil.

    Forbes reports that Statoil (NYSE:STO) suggested that the Aldous and Avaldsnes oil discoveries in the North Sea is likely to contain 500 million and 1.2 billion barrels of recoverable oil.

    The market news is quoted as saying:

    The discovery may represent one of the ten largest oil finds ever on the Norwegian Continental Shelf.

    Click here to access the entire news

    nyse:sto
    The Conversation (0)

    Go Deeper

    AI Powered
    The Beginner's Guide to Investing in Oil & Gas

    The Beginner's Guide to Investing in Oil & Gas

    Oil Exploration in West Africa

    Latest News

    Canadian Investment Regulatory Organization Trade Resumption - MSM

    Independent Lab Confirms Gold and Silver Recoveries of 89% and 75% Respectively in Sulphides at Palta Dorada

    NevGold Announces Positive, Consistent Drill Results on Historic Gold Leach Pads Including 0.34% Antimony And 0.41 g/t Au Over 12.5 Meters; Path to Near-Term Antimony Production Continues

    Domestic Metals Announces Closing of Final Tranche of Private Placement and Announces $7.0 million Financing

    CHARBONE devoile son plan strategique 2026-2030 : une transformation vers un groupe integre de gaz industriels a haute valeur

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES