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Statoil Gets Stake in Offshore Columbia Licence

By Dominic Chopping Norwegian oil major Statoil ASA (STO) said late Wednesday it has been awarded a 33% interest in the COL4 licence offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round. Repsol will be the operator of the licence and will hold 33.34%. ExxonMobil Exploration Colombia will hold 33.33%. The award is subject to the final approval of the National Hydrocarbons Agency of Colombia (ANH). Initial working commitments include 2D and 3D seismic acquisition which will allow Statoil to further assess the potential of the basin. There are no well commitments during the first exploration phase. -Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Exxon Mobil (XOM)
DateTimeHeadline
05/04/201603:03:00Oil Price Upheaval Rocks The Largest U.S. Refiners -- WSJ
05/03/201619:30:00Refiners, Last Holdouts of Energy Bust, Begin to Fold
05/03/201607:50:00Norway Oil Fund Backs Exxon Climate Stress Tests
04/30/201603:03:00Exxon Swoons, but Investors Cheer -- WSJ
04/29/201619:27:00Investors Optimistic About Oil-Company Stocks After Earnings...
04/29/201615:29:00Investors Optimistic About Oil-Company Stocks After Earnings...
04/29/201611:57:00Oil and Gas Stocks See Shares Rise After Reporting Results
04/29/201610:02:00Exxon Mobil Posts Smallest Profit Since 1999 Merger--2nd Update
04/29/201609:50:00Chevron Reports Wider-Than-Expected Loss
04/29/201609:12:00Exxon Mobil Posts Smallest Profit Since 1999 Merger--Update
04/29/201609:10:00Exxon Mobil Profits Plunge 63%
04/29/201609:00:00Exxon Mobil Profits Plunge 63%
04/29/201608:02:14Current Report Filing (8-k)
04/29/201608:00:00ExxonMobil Earns $1.8 Billion in First Quarter of 2016
04/29/201603:02:00Ahead of the Tape: Exxon Still Has Fuel in Its Tank -- WSJ
04/28/201614:40:00EU High Court Rules Against Businesses on Carbon Credits
04/28/201608:08:00Corporate Social Responsibility Related News Releases and Story...
04/27/201622:00:00Suncor Buys Out Murphy Oil Stake in Canada's Syncrude Oil Sands...
04/27/201617:40:00Exxon Mobil Boosts Its Dividend Slightly
04/27/201603:03:00Exxon Loses Its Triple-A Rating -- WSJ

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