- Statoil (STO) says it made minor oil and gas discoveries at its Askja prospects in the North Sea and is considering a joint development with two former discoveries, highlighting the potential for more discoveries in the mature area.
- STO estimates the gas find at Askja West and oil at Askja East total 19M-44M boe.
- The discoveries show "once again that even the most mature parts of the Norwegian continental shelf still have an exciting value creation potential," STO says.
Statoil finds oil and gas at Askja North Sea prospects
Jan 2 2014, 09:09 ET