DOW JONES NEWSWIRES 

StatoilHydro Thursday said it had made a small oil discovery in the Norwegian Sea.

   MAIN FACTS: 

-Discovery is between three and five million standard cubic meters of recoverable oil.

-Wildcat well 6407/8-5 S, appraisal well 6407/8-5 A are located 20 km northeast of the Njord field and 10 km west of the Draugen field in the Norwegian Sea.

-Licensees will evaluate the size of the discovery in more detail before considering a development solution.

-StatoilHydro is operator

-Licensees are StatoilHydro (30%), GDF SUEZ E&P Norge (20%), Norwegian Energy Company (17.5%), E.ON Ruhrgas Norge (17.5%), Petoro (7.5%), Concedo (5%) and Endeavour Energy Norge (2.5%).

-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com