EXPLORATION

Statoil sticks with Bight

Statoil picks up Bight drilling burden after acreage swap with departing BP.

 Great Australian Bight.

Great Australian Bight.

The pair announced an acreage swap this morning under which Statoil will take on 100% of EPP39 and EPP40, picking up BP's 70% interest, while BP will pick up Statoil's 30% interest in EPP 37 and EPP 38....

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