Conoco: Alaska exploration not competitive
For first time since 1965 company will not explore in the state; Archibald says state’s access, permitting OK, not fiscal system
ConocoPhillips said in November that it planned no exploration drilling in Alaska this year.
Larry Archibald, the company’s senior vice president for exploration and business development, told the Alaska Support Industry Alliance Meet Alaska conference Jan. 22 that, “it’s the first time since ’65 t....
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Areas attracting investment
Hurdles at existing fields
Not for the faint of heart
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