Major Oil Discovery in Danish North Sea
Frankfurt, 25th March 2013
Germany's Wintershall GmbH has made what it says could be a major oil discovery in the Danish North Sea, pending appraisal drilling.
Wintershall, the exploration arm of chemicals group BASF, said in a press release that it had found potentially 100 million barrels of recoverable oil in the Hibonite exploration well.
The well lies about 337km north of Den Helder in the Netherlands and 278km west of the Danish port Esbjerg.
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