Alaska Natural Gas Pipeline Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Alaska Natural Gas Pipeline

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Dennis Roth	4/30/2005 11:11:28 AM
	of 570

Petro-Canada moving ahead with Alaska plans in next one to two years petroleumnews.com Petro-Canada expects to start spending money on its growing Alaska holdings in the next one to two years, Chief Executive Officer Ron Brenneman told a conference call April 26. But he said a final decision hinges partly on trying to anticipate when an Alaska gas pipeline might proceed. Brenneman said a partnership with Anadarko Petroleum in the gas-prone foothills of the Brooks Range is now looking at laying out a joint seismic program. He said the two companies have pooled 1.5 million acres to overcome what he described as a checker-board pattern of holdings. In the oil-prone National Petroleum Reserve-Alaska Northwest where Petro-Canada holds more than 300,000 acres he said the company is examining other pooling arrangements with parties he did not identify. Brenneman said the hope for the NPR-A is that discussions will “ultimately lead to a joint partnership” for exploration. —Gary Park

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next