By Jaime Llinares TaboadaShares in Longboat Energy PLC rose Tuesday after the company reported a significant hydrocarbon discovery at the Kveikje exploration well offshore Norway, which is operated by Equinor ASA. The oil-and-gas company, which has a 10% interest in the license, said the preliminary estimate of recoverable resources in the Kveikje Main target is between 28 and 48 million oil-equivalent barrels, above pre-drill expectations.

Source: Wall Street Journal April 05, 2022 09:23 UTC