ConocoPhillips is picking up some 85 sq km worth of acreage near the Kuparuk field (North Slope Basin) from Caelus Natural Resources. This includes the Nuna oil discovery, for which Kuparuk facilities can be used for devt. The deal is pending approval by the ADNR, after which COP will conduct some field appraisal before moving forward.
ConocoPhillips is picking up some 85 sq km worth of acreage near the Kuparuk field (North Slope B.) from Caelus Natural Resources. This includes the Nuna oil discovery.