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Old 07-09-2013, 12:43 AM #1
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Kizzy Kizzy is offline
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Kizzy Kizzy is offline
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Join Date: Jan 2012
Posts: 41,755


Default UK team strike oil!

Feck fracking, we're rich!

''Tullow makes first Arctic oil discovery

UK oil exploration company strikes a reservoir off the far north of Norway, a move which could contain 160m barrels of oil


Tullow Oil, one of the Britain's most successful exploration groups, has made its first discovery in the Arctic in a move which will encourage more drilling and anger green groups campaigning against fossil fuel extraction in the region.

Shares in Tullow climbed more than 3% as well operator OMV said it had struck a reservoir in the Barents Sea off the far north of Norway which could contain up to 160m barrels of oil and 40bn cubic feet of recoverable gas.''


http://www.theguardian.com/business/...scovery-norway
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