Sidebar: Bring ownership back Click here to go to the full PDF version of this issue, with any maps, photos or other artwork that appears in some of the articles. Kay Cashman Petroleum News When Brooks Range Petroleum Corp. announced the Mustang discovery in 2012, it needed help to bring the field into production, which arrived in mid-2014, when JK E&P Group Pte. Ltd., Thyssen Petroleum North Slope Development LLC and MEP Alaska LLC acquired BRPC and a package of North Slope properties from Alaska Venture Capital Group and Ramshorn Investments Inc. for $450 million. Majid Jourabchi, president of Thyssen Petroleum USA, addressed reports that he was part of a team attempting to buy majority ownership in the Mustang oil development from investors in Caracol Petroleum, as well as restart shut-in oil production later in the year. “We’re trying to bring ownership back to the North Slope,” Jourabchi told Petroleum News in a May 21 email. “Anything else is not very accurate. As a start I am not a director of Alpha Energy, but we are trying to simplify the ownership and to refocus the operations.” - KAY CASHMAN Print this story | Email it to an associate.