Statoil completes sale of non-core U.S. onshore assets
STAVANGER, Norway -- On Sept. 15, Statoil and Antero Resources Corporation completed their previously announced transaction, whereby Statoil has sold some of its non-operated interests in the U.S. state of West Virginia to Antero.
The transaction covers approximately 11,500 net acres, with an average working interest of approximately 19% across Wetzel, Tyler and Doddridge Counties.
In the Marcellus, Statoil retains its operated properties in the U.S. state of Ohio and its c. 350,000 net-acre, non-operated position.
