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Statoil (STO) was the biggest winner in Norway's energy auction today, receiving 14 licenses...

Statoil (STO) was the biggest winner in Norway's energy auction today, receiving 14 licenses including seven operatorships spread across the North, Norwegian and Barents seas. Shell (RDS.A) and Total (TOT) received the most operatorships among non-Norwegian firms, with four each; they received five and eight licenses, respectively. XOM, CVX and COP also picked off a few licenses.
Comments (3)
  • robgra
    , contributor
    Comments (419) | Send Message
     
    " Shell (RDS.A) and Total (http://bit.ly/ontL3t) received the most operatorships among non-Norwegian firms, with four each; they received five and eight licenses, respectively."

     

    Ok, so which was it , 4 each, or 5 for Shell and 8 for Total ?

     

    Ah! I See, 4 OPERATORSHIPS each, 5 licenses for Shell, and 8 licences for Total. Sure seems like this could have been written more clearly. Perhaps I expect too much from people who write for a living...
    15 Jan 2013, 06:28 PM Reply Like
  • deercreekvols
    , contributor
    Comments (6304) | Send Message
     
    Pretty fuzzy explanation of the licenses, I agree.

     

    Long STO and not surprised that they were the big "winner."
    15 Jan 2013, 06:31 PM Reply Like
  • stephencronin
    , contributor
    Comments (3) | Send Message
     
    I'm a small investor, retired lawyer living in the Far East, presently visiting in the mainland, like to keep up to date with current events.
    16 Jan 2013, 12:55 AM Reply Like
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