Statoil completes sale of non-core US onshore assets
Published by Louise Mulhall,
Editorial Assistant
Oilfield Technology,
On 15 September Statoil and Antero Resources Corporation (Antero) completed their previously announced transaction, whereby Statoil has sold some of its non-operated interests in the US state of West Virginia to Antero.
The transaction covers approximately 11 500 net acres with an average working interest of approximately 19% across Wetzel, Tyler and Doddridge Counties.
In the Marcellus Statoil retains its operated properties in the US state of Ohio and its c. 350 000 net acre non-operated position.
Adapted from a press release by Louise MulhallRead the article online at: https://www.oilfieldtechnology.com/drilling-and-production/16092016/statoil-completes-sale-of-non-core-us-onshore-assets/
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