Statoil ASA (STO)

[reaper247]

Hey OSR,

I see you made some changes. If you remember my pet stock from Norway give them a look. Ive got a map posted in the ibox of the properties.

It looks like they might not be able to survive with all the accumulated debt and are now in the process of offering 180,000 acres of Marcellus shale properties in New York state.

Given the proximity to CHK/STO properties, I wonder if it might be of interest to Statoil since they are both from Norway. Still developing, but might be worth watching to see which way it goes.

IMO and FWIW.