From Earlier: Statoil Announces Second High-Impact Discovery for Statoil Offshore Tanzania

Statoil

and partner ExxonMobil

have made a large gas discovery in the Statoil-operated Block 2 licence in Tanzania. The logging results from the Lavani well confirm a new high-impact discovery for Statoil, with a preliminary resource estimate of 3 trillion cubic feet (Tcf) of gas in place. The Lavani well has encountered 95 metres of excellent quality reservoir sandstone with high porosity and high permeability.