Oil discovery boosts Frigg area
Partners in production license 442 have found more oil in the Frigg area. Operator StatoilHydro stated that Frigg Delta, Frigg Gamma and Frigg Epsilon combined, could hold between 60 and 190 million barrels of recoverable oil equivalents. Det norske has a 20 percent ownership interest, corresponding to between 12 and 38 million boe. For more information, please find the enclosed stock exchange report.