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Statoil Finds Further 2-3 Trillion Cubic Feet of Gas Offshore Tanzania

By Dominic Chopping Norwegian oil major Statoil ASA (STO) Wednesday announced it has found a further two to three trillion cubic feet (tcf) of natural gas in its Piri-1 well offshore Tanzania. The discovery brings total volumes in the Block 2 drilling area to 20 tcf. Further exploration and appraisal wells will be drilled in the area throughout 2014 and 2015. Statoil operates the licence on Block 2 on behalf of Tanzania Petroleum Development Corporation (TPDC) and has a 65% working interest. ExxonMobil Exploration and Production Tanzania Limited holds the remaining 35%. At 0944 GMT shares traded 0.8% higher at NOK189.10. -Write to Dominic Chopping at [email protected]; Twitter: @WSJNordics Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Exxon Mobil (XOM)
DateTimeHeadline
02/23/201712:53:54Current Report Filing (8-k)
02/22/201720:22:00Exxon Lowers Proved Reserve Estimates -- Update
02/22/201718:44:00Exxon Lowers Proved Reserve Estimates
02/22/201717:08:00InterOil Announces Completion of ExxonMobil Transaction
02/22/201716:56:21Statement of Changes in Beneficial Ownership (4)
02/22/201716:52:08Annual Report (10-k)
02/22/201716:30:00ExxonMobil Announces 2016 Reserves
02/22/201716:23:41Statement of Changes in Beneficial Ownership (4)
02/21/201711:00:00ExxonMobil Employees Inspire Girls to Pursue Future in Engineering
02/20/201720:00:00Supreme Court of Yukon Approves ExxonMobil Transaction
02/17/201705:59:00Energy Companies Face Crude Reality: Better to Leave It in the...
02/16/201709:00:00ExxonMobil Sets Record in High Performance Oil and Gas Reservoir...
02/16/201702:30:00ExxonMobil Singapore Refinery to Expand Group II Base Stock Production
02/13/201715:59:40Statement of Changes in Beneficial Ownership (4)
02/10/201715:03:08Amended Statement of Ownership (sc 13g/a)
02/10/201709:00:00ExxonMobil Awards License for Efficient Drilling Technology to...
02/07/201705:41:00InterOil Secures US$470 Million Credit Facility
02/03/201710:16:08Statement of Changes in Beneficial Ownership (4)
02/02/201714:53:25Initial Statement of Beneficial Ownership (3)
02/01/201720:10:00Rex Tillerson Wins Senate Confirmation to Be Secretary of State...

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