OSLO, Norway, July 13 (UPI) -- The Norwegian government confirmed Wednesday an oil and gas discovery was made in a North Sea area not previously known to contain hydrocarbons.
The Norwegian Petroleum Directorate confirmed a discovery was made in a wildcat well about eight miles south of the Brage field in the North Sea. A wildcat well is one drilled into an area not previously known to contain oil and gas and the NPD said a well drilled by Faroe Petroleum may hold between 42 million and 80 million barrels of oil equivalent.