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	<title>Stock Blog Hub &#187; Statoilhydro Asa Ads</title>
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		<title>(MRO) Marathon Oil Corporation Taps First Oil From Norway&#8217;s Volund</title>
		<link>http://www.stockbloghub.com/2009/09/18/mro-marathon-oil-corporation-taps-first-oil-from-norways-volund/15565</link>
		<comments>http://www.stockbloghub.com/2009/09/18/mro-marathon-oil-corporation-taps-first-oil-from-norways-volund/15565#comments</comments>
		<pubDate>Fri, 18 Sep 2009 17:11:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[Statoilhydro Asa Ads]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15565</guid>
		<description><![CDATA[Yesterday, Marathon Oil Corp. (MRO) announced the start-up of Norway&#8217;s Volund offshore oil project, marking the completion of its second major field development project in that country. This follows the Alvheim ramp-up in June 2008. Marathon, through its wholly owned subsidiary Marathon Petroleum Company ( Norway ) LLC, holds a 65% operated interest in the Volund field, while Lundin Norway AS holds the remaining 35%. The Volund development is the second tie-back to the Alvheim floating, production, storage and offloading (FPSO) vessel, following the StatoilHydro (STO) operated Vilje project. Oil from Volund will be produced via the Alvheim infrastructure, which has a maximum processing capacity of about 140,000 barrels per day (Bbl/d), although it is currently churning out about 20,000 Bbl/d above that level. As a result, the first Volund ]]></description>
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		<title>(MWE) MarkWest Energy Partners&#8217; Unit Signs Gas Deals</title>
		<link>http://www.stockbloghub.com/2009/09/17/mwe-markwest-energy-partners-unit-signs-gas-deals/15429</link>
		<comments>http://www.stockbloghub.com/2009/09/17/mwe-markwest-energy-partners-unit-signs-gas-deals/15429#comments</comments>
		<pubDate>Thu, 17 Sep 2009 18:48:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[Markwest Energy Partners Lp]]></category>
		<category><![CDATA[MWE]]></category>
		<category><![CDATA[NI]]></category>
		<category><![CDATA[Nisource Inc.]]></category>
		<category><![CDATA[Range Resources Corp]]></category>
		<category><![CDATA[RRC]]></category>
		<category><![CDATA[Statoilhydro Asa Ads]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15429</guid>
		<description><![CDATA[MarkWest Liberty Midstream &#38; Resources – a majority-owned joint venture of MarkWest Energy Partners L.P. (MWE) – yesterday announced the signing of definitive agreements with subsidiaries of Chesapeake Energy Corp. (CHK) and Statoil Hydro ASA (STO) to process gas at its proposed facility in Majorsville, West Virginia. MarkWest Liberty is a partnership between natural gas pipeline operator MarkWest Energy Partners and energy infrastructure private equity fund NGP Midstream &#38; Resources L.P. MarkWest has a 60% operated interest in the venture (remaining 40% owned by NGP) that has been formed to construct and operate natural gas midstream services to support producers in the emerging Marcellus Shale play in western Pennsylvania and West Virginia. The new processing deals are in addition to a previously announced agreement with independent oil and gas company ]]></description>
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		<title>(HAL) Halliburton Wins Royal Dutch Shell Contract</title>
		<link>http://www.stockbloghub.com/2009/09/17/hal-halliburton-wins-royal-dutch-shell-contract/15427</link>
		<comments>http://www.stockbloghub.com/2009/09/17/hal-halliburton-wins-royal-dutch-shell-contract/15427#comments</comments>
		<pubDate>Thu, 17 Sep 2009 18:43:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc Class A]]></category>
		<category><![CDATA[Statoilhydro Asa Ads]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15427</guid>
		<description><![CDATA[Halliburton (HAL) has recently received a contract from Royal Dutch Shell (RDSA) for delivering fluid services on one deepwater rig and one tension leg platform in the Gulf of Mexico. The contract includes delivering clay-free, high-performance fluid systems capable of handling deepwater challenges through improved control of downhole pressures and cold-temperature rheology. The contract size has not been disclosed. Halliburton has gathered a couple of fluid services contracts in recent months, which will contribute significant revenue to its Drilling and Evaluation segment (accounted for 46% of total revenues in 2008). Last month, it received a $140 million contract from Total (TOT) for delivering fluid services for deepwater drilling and completion activities in offshore Angola. In July, the company received a $190 million contract from Petrobras (PBR) for providing drilling fluid, ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>(STO) StatoilHydro ASA Finds New Reserves</title>
		<link>http://www.stockbloghub.com/2009/09/08/sto-statoilhydro-asa-finds-new-reserves/14577</link>
		<comments>http://www.stockbloghub.com/2009/09/08/sto-statoilhydro-asa-finds-new-reserves/14577#comments</comments>
		<pubDate>Wed, 09 Sep 2009 00:43:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Statoilhydro Asa Ads]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14577</guid>
		<description><![CDATA[Integrated oil and gas major StatoilHydro ASA (STO) recently discovered a new oil and gas location in the Nona prospect, 10 kilometers south east of the Asgard field in the Norwegian Sea. The well 6407/2-5S was drilled to a depth of 3,289 meters below sea level. Based on preliminary calculations, the size of the find is between 13 and 31 million barrels of oil and 1–2 billion standard cubic meters of gas. Management is optimistic about the discovery and affirms the possibility of other new finds in this area. Despite maturity of the Norwegian Continental Shelf region, the Norway-based company is well positioned to sustain its production from this area at current levels for the next few years. Internationally, Statoil plans to continue a high level of exploration activity to ]]></description>
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		<title>(STO) Statoil&#8217;s Positive Production Outlook</title>
		<link>http://www.stockbloghub.com/2009/09/03/sto-statoils-positive-production-outlook/14398</link>
		<comments>http://www.stockbloghub.com/2009/09/03/sto-statoils-positive-production-outlook/14398#comments</comments>
		<pubDate>Thu, 03 Sep 2009 23:48:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>
		<category><![CDATA[Statoilhydro Asa Ads]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14398</guid>
		<description><![CDATA[After drilling an appraisal well in the northeastern segment of the Smorbukk deposit (part of the Asgard field in the Norwegian Sea), StatoilHydro (STO) has confirmed the existence of oil, gas and condensate. The result is encouraging, and development in association with the Asgard B platform will be considered. The company said that production may start in three to four years. The proven resources are estimated to be between 15 and 25 million barrels of recoverable oil equivalent. The Asgard field development includes 58 production and injection wells divided on 16 subsea templates. Two vessels and one platform are located on the field. Discovered in 1984, the Smorbukk field has been on stream since 1999. As of year-end 2008, StatoilHydro had approximately 5.58 billion oil-equivalent barrels in proved reserves. It ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(STO) Statoil Wins New Drilling Permit</title>
		<link>http://www.stockbloghub.com/2009/09/01/sto-statoil-wins-new-drilling-permit/14011</link>
		<comments>http://www.stockbloghub.com/2009/09/01/sto-statoil-wins-new-drilling-permit/14011#comments</comments>
		<pubDate>Tue, 01 Sep 2009 17:40:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Statoilhydro Asa Ads]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14011</guid>
		<description><![CDATA[Recently, Norway-based energy firm StatoilHydro ASA (STO) gained a permit from the country’s top petroleum resources regulatory agency, the Norwegian Petroleum Directorate, to drill wellbore 25/2-17 in production license 442. The company plans to drill &#8220;wildcat&#8221; wells (those drilled in an area where no current oil or gas production exists) on the license using semi-submersible facility Ocean Vanguard. StatoilHydro has a 40% operated interest in production license 442, which was awarded in June 2007. Well 25/2-17 is located about 20 kilometers east of the company’s Frigg field in the central part of the North Sea and is the first well to be drilled on the production license. We believe that the 25/2-17 well, if successful and rendered economically feasible, will further consolidate StatoilHydro’s leading position in the Norwegian Continental Shelf. ]]></description>
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