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Vol. 7, No. 30 Week of July 28, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Point Thomson owners opt to pay penalty, drop acreage at Red Dog

ExxonMobil tells state companies not happy with permitting progress for gas cycling development project, but believe project could still start up in 2006

Kristen Nelson

PNA Editor-in-Chief

Point Thomson unit operator ExxonMobil Production Co. has told the state that the working interest owners at the unit cannot justify drilling in the work commitment area identified in the unit expansion-contraction agreement, and have decided instead to pay the state $940,000 and relinquish the Red....

    [additional news subjects in this story]

Drilling through Thomson sand required

New operating agreement

19th plan of development

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