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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (70011)	3/19/2011 5:37:00 AM
From: Snowshoe	1 Recommendation Read Replies (2) \| Respond to of 220477

Game changer if this pans out... Great Bear betting big on Alaska's shale oil OUTSIDE BOOM: Firm CEO stuns Legislature with ambitious design. adn.com If production begins in 2013, as planned, Great Bear projects oil production from its acreage at 200,000 barrels a day by 2020, 350,000 by 2035, 450,000 by 2041, peaking at 600,000 in 2056, with sustained production of 450,000 until 2074. ***** "The richest source rock on the North Slope and one of the richest source rocks in North America -- in fact, one of the richest source rocks in the world -- is the Shublik formation," Duncan told legislators. "Its regional extent, its quality, is extraordinary. And that is our primary target. "But, again, I can't emphasize enough; we believe that the Kingak and the Hue individually could supply an unconventional resource development on their own. The fact that we have three on the North Slope provides ... an extraordinary opportunity. You don't get that in south Texas, you don't get this in the Bakken and you really don't get that in the Marcellus."