Wednesday, June 4, 2008

Exxon Committed to Point Thomson Development

Looks like Exxon wants to get to work on Point Thomson.

According to Alaska production manager Craig Haymes,“Litigation is not what we want to do,” “We have a plan for development, and we want to settle.”

This Fairbanks News-Miner story by Rena Delbridge has more of Mr. Haymes' comments.

In other Exxon news -Exxon plans to built a Gas-To-Liquids in Nigeria.

What's all this mean? - ExxonMobil will invest and produce when the rates of return make sense.


Anonymous said...

Looks like Exxon is a day late, a dollar and a recycling plan short.

AK Engineer said...

Actually they are getting down to business, have you checked out Halcro's blog?