- BG Group (OTCQX:BRGXF, OTCQX:BRGYY) reports the first oil production from its Knarr oil field in the North Sea offshore Norway.
- BG says the Knarr field contains estimated gross recoverable reserves of ~80M boe, and should remain in production at least 10 years.
- Separately, the head of BG's Canadian unit has left to take another company role in the U.K. and will not be replaced, adding to the uncertainty that has hit British Columbia's energy industry since oil prices have plunged.