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.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.