Total acquires interest in Alaskan exploration blocks
Posted: 19 March 2008
Total subsidiary, Total E&P USA, Inc. has acquired a 30 per cent working interest from Chevron in several onshore Alaskan exploration blocks known as White Hills. Chevron is the operator with a 70 per cent interest.
Located onshore in Alaska, 40 kilometres Southwest of Prudhoe Bay, the blocks cover an area of approximately 2,000 square kilometres.
The exploration campaign is under way with three wells planned for this drilling season (Winter 2007-2008), and additional exploration wells planned for next winter’s season as well.
Total will work closely with the operator, to protect the Alaskan environment. A wide range of measures are implemented to preserve the soil, air, water and wildlife.
Posted by Richard Price, Editor, EnergyME.com
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