ConocoPhillips Signs Agreement To Acquire Nuna Discovery Acreage

Sep 14, 2019 esmwymdp

first_imgThe transaction is subject to state regulatory approval and has an effective date of June 14, according to a press release from ConocoPhillips. Over the next several years, ConocoPhillips will appraise Nuna with a goal toward making a finalinvestment decision thereafter. Joe Marushack, president of ConocoPhillips Alaska: “This transaction represents an attractive addition to our expanding North Slope position and will allow ConocoPhillips to cost effectively develop Nuna utilizing Kuparuk River Unit infrastructure. We believe this acquisition could lead to more oil production, more revenue for the state and more jobs for Alaskans.” Facebook0TwitterEmailPrintFriendly分享ConocoPhillips Alaska announced on Monday that it has entered into an agreement with Caelus Natural Resources Alaska, LLC to acquire 100 percent of the Nuna discovery, located just east of the Colville River, on the North Slope.last_img

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