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Statoil (STO) aims to triple its North American oil and natural gas production by the end of the...
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Thursday, June 21, 2012, 1:42 AM ETStatoil (STO) aims to triple its North American oil and natural gas production by the end of the decade, to 500,000 barrels of oil equivalent a day from its current 149,000. The company is actively moving away from barely-profitable natural gas fields to concentrate on more lucrative liquids-based acreage.
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