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Statoil Confirms Mizzen Volumes in the Range of 100-200M Barrels

Statoil (NYSE: STO) Statoil's Mizzen discovery offshore Newfoundland and Labrador, Canada has resource volumes in the range of 100-200 million barrels of recoverable oil equivalents.

Finnstrom believes the discovery demonstrates Statoil's exploration strategy to early access new areas, like the Flemish Pass Basin, is paying off.

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