AUSTRALIA

Norwegians in the outback

NORWEGIAN giant Statoil will be the latest international player to poke around for an unconventional resource in northern Australia, committing to a potential $US210 million ($A206.1 million) spend with Petrofrontier and Baraka Energy & Resources.

James McGrath

Statoil's Australian arm will farm into four exploration permits held by the Petrofrontier-Baraka joint venture and two exploration permits under application in the Georgina Basin in the Northern Territory....

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