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Statoil’s (STO) Cliffhanger North exploration probe west of the giant Johan Sverdup field...

Statoil’s (STO) Cliffhanger North exploration probe west of the giant Johan Sverdup field failed in its primary objective of uncovering sandstone reservoirs from the Jurassic but saw oil shows in basement rocks in the secondary target, the company's junior partner says. (Q2 earnings)
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