Current STO Stock Info

Norwegian E&P Hopes to Make Wind Profitable
When oil major Statoil (ticker: STO; acquired Brigham Exploration in 2011, the Norwegian company became a major operator in the Williston basin, with approximately 330,000 net acres in the play and an extensive gathering system including three operating oil facilities, seven operating saltwater disposal facilities, approximately 700 miles of pipeline and ten unit trains. Platt’s 2015 ranking of global energy companies puts Statoil in the number 27 slot.

All the oil majors, includi...

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