Statoil acquires 25% of 50 Conoco OCS Chukchi leases
In a deal involving cash and trades, Statoil is acquiring a 25 percent working interest in 50 ConocoPhillips Chukchi Sea leases while ConocoPhillips will acquire some of Statoil’s acreage in the Gulf of Mexico.
The companies said Jan. 25 that the Chukchi Sea leases are those acquired by ConocoPhill....
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First drilling in 2012
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