Novatek (NVTK.LN) announced on Friday that it has discovered significant commercial crude oil reserves at its Kharbeyskoye field in Russia.
The company has put out a preliminary estimate of 220 billion cubic meters of natural gas and more than 40 million tons of crude oil at the field.
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(END) Dow Jones Newswires
November 03, 2017 05:44 ET (09:44 GMT)