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Gas firm VNG makes small discovery off Norway -partner

Reuters - UK Focus

(Corrects to show discovery above expectations, not in line)

OSLO, March 6 (Reuters) - Gas firm VNG has made an oil and gas discovery off Norway that is above expectations, a partner in the find, Rocksource (Other OTC: RKSFF - news) , said on Thursday.

"Estimates indicate recoverable resources above the estimated pre-drill range of 20-50 million barrels of oil equivalent," Rocksource said in a statement. The firm did not give a new estimate.

The other partners in the discovery, which lies in production license PL 586 in the Norwegian Sea, are Spike Exploration and Faroe Petroleum (LSE: FPM.L - news) . (Reporting by Gwladys Fouche, editing by Terje Solsvik)