August 29, 2017 / 6:43 AM / 3 months ago

BRIEF-Statoil says Norway's northernmost exploration was disappointing

Aug 29 (Reuters) - Statoil Asa

* Non-commercial gas discovery on korpfjell - non-commercial gas discovery on korpfjell - statoil.com

* Results are of course disappointing, but it is too early to draw any conclusions on how this will impact barents sea southeast area

* We need further exploration to find out what this implies for total resource potential of barents sea southeast area

* Despite an exciting discovery in kayak and traces of oil in gemini north, we have so far not had a direct hit that may result in a new standalone field development

* Campaign has however provided important clarifications and new information about resource potential in barents sea Source text: bit.ly/2vFcD7m Further company coverage: (Reporting By Terje Solsvik)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below