Det Norske Rises to Record on Possible Norway Finds: Oslo Mover
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Det Norske Oljeselskap ASA, the oil explorer with a stake in Norway’s biggest find since the 1970s, rose to a record after reporting two new possible discoveries.
Det Norske jumped as much as 4.8 percent to 99.30 kroner, the highest level since it listed on the Oslo stock exchange in December 2006. The company “received indication of hydrocarbons presence” in the Barents Sea’s Salina prospect and Garantiana in the North Sea, it said today in separate statements. Neither Det Norske nor operators Eni SpA and Total SA would elaborate.