Statoil-Hydro

From Wikimarcellus

(Difference between revisions)
Jump to: navigation, search
Revision as of 21:11, 18 June 2009
Tcopley (Talk | contribs)
(Peter Mellbye, head of international exploration and production)
← Previous diff
Revision as of 21:21, 18 June 2009
Tcopley (Talk | contribs)
(Chesapeake & StatoilHydro drill 7 Marcellus shale wells so far in 2009)
Next diff →
Line 5: Line 5:
Stavanger, Norway-based '''Statoil-Hydro''' (NYSE: STO), an integrated oil and gas company, in November, 2008 purchased 32.5% of [[Chesapeake Energy|Chesapeake Energy's]] 1.8 million net acre [[Marcellus shale]] leasehold for $3.375 billion. The two companies have entered into a joint venture wherein they will jointly explore the Marcellus drilling rights purchased by Statoil-Hydro in the deal. Stavanger, Norway-based '''Statoil-Hydro''' (NYSE: STO), an integrated oil and gas company, in November, 2008 purchased 32.5% of [[Chesapeake Energy|Chesapeake Energy's]] 1.8 million net acre [[Marcellus shale]] leasehold for $3.375 billion. The two companies have entered into a joint venture wherein they will jointly explore the Marcellus drilling rights purchased by Statoil-Hydro in the deal.
 +
 +According to a June, 2009 report StatoilHydro and Chesapeake had drilled seven wells together during the first half of 2009, slightly fewer than expected according to a StatoilHydro spokesman.
* Helge Lund is Statoil's CEO * Helge Lund is Statoil's CEO

Revision as of 21:21, 18 June 2009

Here is where some info about Statoil-Hydro should go.
This article is still a stub and needs your attention. It does   
not have a template and contains minimal information. Please dive
in and help it grow!

Stavanger, Norway-based Statoil-Hydro (NYSE: STO), an integrated oil and gas company, in November, 2008 purchased 32.5% of Chesapeake Energy's 1.8 million net acre Marcellus shale leasehold for $3.375 billion. The two companies have entered into a joint venture wherein they will jointly explore the Marcellus drilling rights purchased by Statoil-Hydro in the deal.

According to a June, 2009 report StatoilHydro and Chesapeake had drilled seven wells together during the first half of 2009, slightly fewer than expected according to a StatoilHydro spokesman.

  • Helge Lund is Statoil's CEO
  • Eldar Saetre is the company's CFO.
  • Andy Winkle is Vice President of Onshore Gas.
  • Peter Mellbye is Head of International Exploration and Production.
Personal tools