|Bid||157.80 x 200800|
|Ask||157.90 x 502000|
|Day's Range||155.80 - 158.50|
|52 Week Range||124.00 - 163.50|
|PE Ratio (TTM)||-698.23|
|Dividend & Yield||0.88 (4.64%)|
|1y Target Est||N/A|
Statoil ASA is among producers involved in discussions with the Abu Dhabi National Oil Co. about joining offshore production in the emirate, according to a Norwegian diplomatic dispatch.
Drilling permit applications filed with the Railroad Commission of Texas show that Statoil is seeking permission to drill five horizontal wells on its new Gano-Dlugosch lease about five miles southwest of Yorktown. Statoil first entered the Eagle Ford in February 2013. Nearly two-thirds of the company's projects have been on its leases in oil-rich Karnes County with the rest spread out among Live Oak, DeWitt, LaSalle and McMullen counties.
Johan Sverdrup will be cash flow game changer