• 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

Written by Investing News Network
|
Aug. 17, 2011 10:20AM PST

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

Shell, Repsol Win Big at Colombian Auction

Hydro Signs New Long-Term Power Contract for Norwegian Aluminium Portfolio

Latest News

Goldgroup Mining and Gold Resource Corporation Announce Closing of Business Combination and Goldgroup's Anticipated Listing on the NYSE American

Canadian Investment Regulatory Organization Trade Resumption - GGA

Generation Uranium Announces CSE Listing and Voluntary TSXV Delisting

Precious Metals & Critical Minerals Virtual Investor Conference Agenda Announced for July 22nd & 23rd

Metalsource Mining Identifies High Priority Drill Targets Across 2.4 Kilometres to Drive the Next Phase of Exploration at Silver Hill

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