Wednesday, May 30, 2007

Statoil Q1 misses forecast on cheaper oil and gas

(Reuters) - The result lagged all forecasts in a Reuters poll of 17
analysts, whose predictions had ranged from 24.2 billion to 28.8
billion crowns.




"We are delivering strong results despite lower oil and gas
prices," Chief Executive Helge Lund said in a statement.


Read more at Reuters.com Mergers News

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