News Headline Summary

Statoil (STO) announces the acquisition of approximately USD 70,000 operated net acres in the liquid rich part of the central Marcellus area, total consideration is USD 590mln

Update details:

- Marcellus is an area in Pennsylvania is considered to be one of the richest natural gas reserves in the world.

Print 17:22, 19 Dec 2012 - Commodities - Source: Newswires