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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
10/14/201406:19:38Statoil, Exxon Find Gas Offshore Tanzania
10/10/201402:54:35Tullow Oil: Gabon Well has Encountered Hydrocarbons
10/09/201418:00:16Correction On Exxon Mobil, Venezuela Stories
09/22/201414:52:47Total Looks to China to Finance Russian Gas Project -- 3rd Update
09/22/201410:53:27Total Looks to China to Finance Russian Gas Project -- 2nd Update
09/19/201409:43:22U.S. Hot Stocks: Hot Stocks to Watch
09/12/201415:22:48U.S., EU Widen Sanctions on Russia
09/12/201415:18:34U.S. Expands Sanctions to Giant Russian Energy Projects
09/12/201406:58:21EU Widens Sanctions on Russia
09/12/201406:57:25EU Widens Sanctions on Russian Companies, Individuals Over Ukraine...
09/10/201418:41:02U.S Readies New Energy Sanctions on Russia -- Update
09/10/201416:55:14U.S, EU Ready New Energy Sanctions on Russia -- Update
09/10/201416:40:10U.S, EU Ready New Energy Sanctions on Russia
09/04/201411:20:09Tanzania Looks to Review Gas Mining Sector Agreements
08/26/201418:57:45ExxonMobil Pipeline Co. to Pay $1.4 Million to Settle Alleged...
08/26/201418:57:07ExxonMobil Pipeline Co. to Pay $1.4 Million to Settle Alleged...
08/22/201409:30:09Russia's Rosneft to Acquire 30% of N.Y.-Listed Oil Driller
08/18/201421:20:11Australia's Oil Search First-Half Profit Rises
08/13/201422:01:44Pemex Has Talked With Firms About Working on Projects
08/06/201418:55:33CST Brands to Acquire General Partner of Lehigh Gas Partners

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