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Small oil discovery near the Norne field

Statoil Petroleum AS is in the process of completing drilling of the wildcat well 6507/3-10.

The well was drilled about 12 km south of the Norne field in the Norwegian Sea.

A preliminary estimate of the size of the discovery is under 1 million Sm3 recoverable oil. Analyses will be made of the discovery to assess its commerciality.

This is the first exploration well in production licence 159 C, which was awarded in February 2008.



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