Telegraph.co.uk | Faroe Petroleum strikes new North Sea oil and gas reserves Telegraph.co.uk London-listed Faroe Petroleum has extended its North Sea assets after discovering low-cost oil and gas reserves off the coast of Norway. The small-cap explorer's stock climbed more than 5pc this morning to just under 65p, after Faroe confirmed the ... Faroe Petroleum Discovers Oil, Gas at Brasse Well |