Statoil (STO +1.8%) reportedly is set to sell off ~230 onshore wells in the U.S. as it looks to...

|About: Statoil ASA (STO)|By:, SA News Editor

Statoil (STO +1.8%) reportedly is set to sell off ~230 onshore wells in the U.S. as it looks to shed gas producers following the plunge in North American natural gas prices. The tally is said to include 180 onshore natural gas wells STO gained through last year's $4.4B acquisition of Brigham Exploration.