Spreading the risk: Andex, Forest buy into Slugger unit on eastern North SlopeIndependents get interest in field from BP, Chevron and Phillips by paying drilling costs; produced oil will go to Badami Kay Cashman PNA Publisher
BP Exploration (Alaska) Inc., Phillips Alaska Inc. and Chevron U.S.A. Inc. are farming out part of their working interest in the newly formed Slugger unit to independents Forest Oil Corp. and newcomer Andex Resources LLC.
Operator BP is reportedly relinquishing a significant portion, possibly all, o....
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Close to Badami Slugger No. 1 well on track BP, Chevron to pay Phillips’ share
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