What’s happening with Alaska?
Seems like a big nothing so far, with people leaving the team recently for other companies.
10 replies (most recent on top)
Don't forget our genius move in Alaska's Cooks inlet back in 2010 or 2011. Real genius move then also. Open and closed an office in about six months.
Alaska BS is keeping investors interested until they can figure out another scheme to fool them for a year or so.
It’s pre Alpine High in the North Slope…25 feet can be exaggerated to 250 feet with a cute confident face…regardless Alaska is a distraction…a good place to burn 6 million bucks
25 feet of really, really special oil.
This is nothing more than a project designed to help on of JC's friends at Armstrong. It will never bear any significant fruit and as long as SR is around exploration will cease to be funded in any meaningful manner.
25 feet of pay.
not very promising
Alaska is where companies go to die or lose lots of money…
The only model that appears to be working in Alaska is is the Hilcorp model of asset management utilizing the right people for the right asset…
Santos is struggling and looking for needles in a frozen haystack
Alaska is not their forte or operational strength…
Santos and Apache should contact ex ENI staff…And “tell me about what’s it like to operate in Alaska?
@f4 You don’t know your North Slope geography at all, so your statement is inaccurate.
Alpine North only they haven’t spent billions. YET
Alaska exploration is a red herring. Ment to excite the most naive investors. Success in Alaska is tough without a firm base of operations. Research ENI Alaska fiasco Nikaitchuq and Oooguruk oil fields. That would be a best case scenario however multiple and complex Working Interests Partners really complicate matters.