Explorers 2011: Exxon’s Point Thomson in limboCourt case over disputed field grinds on, months after Alaska official announces a ‘resolution in principle’ Wesley Loy For Petroleum News Editor’s note: Technically, ExxonMobil is currently not an explorer in Alaska, but the development of its Point Thomson unit is the first step in getting the state’s eastern North Slope’s oil and gas reserves explored, developed and produced, so the legal status of Point Thomson leases are critical. In mid-August, Alaska’s natural resources commissioner signaled the fight over the Point Thomson field was coming to an end — that the state and unit operator ExxonMobil had reached a “resolution in principle.”
But two months later, the conflict remained unsettled as lawyers for the state and the co....
[additional news subjects in this story]
Point Thomson ‘mockery’ Hugely valuable asset A more active ExxonMobil? Political, gas line impacts A history lesson
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