Article: StatoilHydro discovers oil in Frigg Delta prospect.

NORDIC BUSINESS REPORT-15 October 2009-StatoilHydro discovers oil in Frigg Delta prospect(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com

15 October 2009 - Norwegian petroleum major StatoilHydro ASA (OSE: STL) said today it has discovered oil in the Frigg Delta prospect in the North Sea with proven recoverable volumes of 18 million to 35 million barrels.

The find is located some 21 km east of the abandoned Frigg field.

"It's commercially interesting, and we've already started looking at prospects for a development linked to nearby oil resources," Tom Dreyer, ...

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