InvestorsHub Logo
Followers 55
Posts 4079
Boards Moderated 3
Alias Born 03/12/2006

Re: None

Thursday, 11/19/2009 2:13:47 PM

Thursday, November 19, 2009 2:13:47 PM

Post# of 361
Oil companies plan to curtail work on North Slope
by The Associated Press
39 mins 5 secs ago

ANCHORAGE, Alaska - BP says it's cutting its Alaska spending by 15 percent next year, but still plans to work on projects such as the proposed North Slope gas pipeline.

Conoco, however, says it won't drill a new exploration well in Alaska next year. The company says it's shifting its focus offshore.

The updates were part of the Resource Development Council's annual conference, which ends Thursday.

Gov. Sean Parnell addressed the conference, saying he will fight efforts to list more Alaska species as endangered.

http://newsminer.com/pages/full_story/push?article-Oil+companies+plan+to+curtail+work+on+North+Slope+%20&id=4558461-Oil+companies+plan+to+curtail+work+on+North+Slope+&instance=home_news_window_left_bullets

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.