• 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
    oil barrels

    5 Top Weekly TSX Stocks: Oil and Gas Stocks Make Moves as Prices Rise Higher

    Silhouette of drilling rigs and oil derricks with Canadian flag in background.

    5 Best-performing Canadian Oil and Gas Stocks (Updated November 2024)

    Latest News

    Upcoming Meeting Dates - March 23, 2026

    Unmarketable Parcel Sale Facility

    Aurum Raises $28.8M via Strategic Placement

    Notice of Annual General Meeting

    Homerun Resources Inc. to Participate in Water Tower Research Fireside Chat on March 24, 2026

    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