Equinor: New Oil Discovery in Johan Castberg License
October 29 2018 - 5:35AM
Dow Jones News
By Alberto Delclaux
Equinor ASA (EQNR.OS) said Monday that it found oil in the
Skruis exploration well in Norway's Johan Castberg license,
alongside partners Eni SpA (ENI.MI) and Petoro.
The discovery shows Skruis has a volume of between 12 million
and 25 million of recoverable barrels of oil, Equinor said.
Operator Equinor has a 50% stake in the prospect, while Eni owns
30% and Petoro 20%.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
October 29, 2018 05:20 ET (09:20 GMT)
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