Point Thomson owners opt to stay in gameExxonMobil has until June 15, 2006, to begin development drilling at North Slope field or pay state $20 million Kristen Nelson Petroleum News Editor-in-Chief
It’s hard to tell who blinked, but negotiations between ExxonMobil and the state of Alaska over extending an opt-out date for development drilling at the North Slope’s Point Thomson unit ended when the Alaska Division of Oil and Gas denied a request from operator ExxonMobil for a third extension.
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Standalone project not economic Opt-out date at issue No proposals that would warrant extension Want to know more? 2004 2003 2002
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