Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: XIII

XIII

posted on Jan 16, 2008 04:26AM

WELCOME BACK. HOPE SKING WENT WELL.

WHAT IS YOUR OPINION OF STATOILHYDRO?

IT IS OFF OF ITS RECENT HIGHS BUT STILL SEEMS TO BE IN AN UPTREND.

StatoilHyrdro ASA, formerly known as Statoil ASA, is an integrated oil and gas company. The Company's focus is on exploration, development and production of oil and natural gas from the Norwegian Continental Shelf (NCS). It has business operations in 34 countries. The Company's proved reserves as of December 31, 2006, consisted of 1,675 million barrels (mmbbls) of oil and 399 billion cubic meters (bcm) of natural gas, which represents an aggregate of 4,185 million barrels-of-oil equivalent (mmboe). StatoilHyrdro ASA divides its operations into four reporting business segments: Exploration and Production Norway (E&P Norway), International Exploration and Production (International E&P), Natural Gas, and Manufacturing and Marketing. In June 2007, StatoilHyrdro ASA, through its subsidiary Statoil Canada Limited, acquired North American Oil Sands Corporation. The merger between Statoil ASA and Norsk Hydro ASA’s petroleum business was completed on October 1, 2007.

THANKS RINK

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