Statoil ASA Acquires 30% in Four Exploration Licenses Offshore Australia from BP-Reuters

Tuesday, 14 May 2013 04:15am EDT 

Reuters reported that Statoil ASA has acquired a 30% equity share in four exploration licenses offshore Australia from BP. The four licenses are located in the frontier Ceduna Sub Basin within the Great Australian Bight, covering an area of more than 24,000 square kilometers. Statoil did not disclose the value of the deal. 

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