Statoil ASA Maintains Its Production Guidance for FY 2013 and FY 2020-Reuters

Wednesday, 19 Jun 2013 03:30am EDT 

Reuters reported that Statoil ASA has repeated that the Company is on track to reach 2.5 million barrels of oil equivalent (boe) per day in the fiscal year 2020 and that it potentially may exceed this amount. The Company's production guidance for fiscal year 2013 also stays firm and is expected to be lower than in the previous year. In the fiscal year 2012 Statoil produced 2,004 million boe. 

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