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Norway oil company to pay $2 million settlement to avoid legal action

byCustoms Today Report
06/03/2015
in Uncategorized
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OSLO: A Norwegian oil company that illegally operated a well on federal property in North Dakota has agreed to pay a nearly $2 million settlement to avoid legal action, federal prosecutors announced.

Authorities say the well was drilled about two weeks after Statoil Oil & Gas Services Inc. acquired Brigham Oil & Gas L.P., which had originally planned the facility. The company later discovered that the well drilled into unleased federally owned minerals.

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Timothy Purdon, U.S. Attorney for North Dakota, credited Statoil for its willingness to settle the case without forcing the government to file a civil suit.

“It is heartening to see a big oil company like Statoil step up … to make things right when a mistake is made,” Purdon said. “Statoil’s full co-operation with this investigation stands out as the sort of good corporate citizenship we want to encourage in the Bakken oil producing region.”

Tags: oil

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