Repsol sees nice alternative in Alaska
Compared to the Repsol’s other assets, the North Slope is stable, oil-rich and low risk, which is why the company plans to spend big
The recent activity of Repsol YPF sheds light on four phrases in the Spanish major’s press release announcing its North Slope lease acquisition, clues about what Alaska means to the global company: “oil-rich,” “low exploratory risk,” “OECD” and “boosted.” (See related story on page 1.)
“The North Sl....
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Increased presence in OECD
Boosted exploration activities
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