Placer terminated
Unitized in 2011, ASRC Exploration commits to production in 2022
Kay Cashman Petroleum News
The increasingly bitter dispute between Alaska’s Division of Oil and Gas and ASRC Exploration appears to focus on two related issues.
For AEX, a subsidiary of Arctic Slope Regional Corp., the issue seems to be the challenge of developing the small oil field (small by North Slope elephant standards)....
[additional news subjects in this story]
Field work not required Missed deadline leads to termination AEX puts Placer on market Two of three wells suitable
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