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johnsyn

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johnsyn

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Thursday, 06/14/2012 9:39:02 AM

Thursday, June 14, 2012 9:39:02 AM

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8:47 AM Statoil (STO) makes a significant gas discovery offshore Tanzania, its second big find in the Lavani block, and raises its resource estimates for its previous discovery. STO says the new find is estimated to contain 3T cubic ft. of gas, encountering 95 meters of excellent quality reservoir sandstone with high porosity and high permeability
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