State conditionally approves Point Thomson unit expansion-contractionMinority working interest owners given until Aug. 30 to sign on; million-dollar penalties due if eastern North Slope unit development doesn’t proceed according to schedule Kristen Nelson PNA Editor-in-Chief
The Department of Natural Resources Division of Oil and Gas has reached a conditional agreement with major working interest owners of the Point Thomson unit on an expansion-contraction plan. In a July 31 letter, division Director Mark Myers told unit operator ExxonMobil Production Co. that working i....
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