Conoco hopes to drill Chukchi in 2011
Company bid on federal leases last year, now facing technical and environmental challenges, wants gas pipeline and fiscal stability
ConocoPhillips could start drilling exploration wells on its leases in the Chukchi Sea as early as two years from now, according to a senior executive with the company.
“We are gathering data. We hope to be able to drill in 2011,” John Carrig, president and chief operating officer of ConocoPhillips,....
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Other mounting obstacles
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