Statoil discovers oil offshore in Canada

08/27/2013 | Calgary Herald (Alberta)

Statoil for the third time struck oil in the Bay du Nord prospect off the coast of Newfoundland and Labrador, Canada. "The success of Bay du Nord is the result of an ambitious and targeted drilling campaign in the Flemish Pass Basin," said Tim Dodson, Statoil Exploration executive vice president. "This discovery is very encouraging," he added.

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Calgary Herald (Alberta)

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