Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

BP lays out development plans in Alaska
Fairbanks Daily News Miner ^ | Jan 11, 2013 | Associated Press

Posted on 01/14/2013 8:13:55 AM PST by thackney

An executive with BP Alaska says the company plans to add two new rigs on the North Slope this year. But Phil Cochrane says the company won't search for or produce new sources of oil.

In prepared remarks to an Alaska Support Industry Alliance conference in Anchorage, Cochrane said the rigs will be used to accelerate production from existing reserves. He said it's a response to a state policy that discourages investment.

(Excerpt) Read more at newsminer.com ...


TOPICS: News/Current Events; US: Alaska
KEYWORDS: bp; energy; northslope; oil
Excerpted for AP content
1 posted on 01/14/2013 8:14:01 AM PST by thackney
[ Post Reply | Private Reply | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson