Major oil company Eni buys - prime' a...

Major oil company Eni buys - prime' acreage in hunt for North Slope oil

Italian oil major Eni announced on Wednesday it's buying what it calls a promising chunk of North Slope acreage from Caelus Exploration Alaska, in a deal that moves exploration leases from a small oil company to a global producer. Eni will acquire 124 exploration leases in an area about 20 miles southeast of Deadhorse, the industrial support town serving giant Prudhoe Bay and other northern Alaska oil fields, Eni said in a statement .

Start the conversation, or Read more at Anchorage Daily News.

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Prudhoe Bay Discussions

Title Updated Last By Comments
News A place at the table Jun '18 Solarman 1
Fire and Gas (Jan '16) Feb '18 Artic sunshine 2
News Alaska LNG plans water testing, drilling for su... (Apr '16) Apr '16 Jennie 1
News 'Ice Road Truckers': No Lisa Kelly on IRT Season 6 (Jun '12) Nov '15 Cantusee 14
News Putting the hammer down: Sterling woman to be f... (Jun '09) Jan '15 Tundra Wookie 4
An Affair In Prudhoe Bay (Jun '14) Nov '14 slipperyslope 5
Schlumberger Men just full of cheaters!!! (Nov '10) Oct '14 slipperyslope 4

Prudhoe Bay Jobs

Personal Finance

Prudhoe Bay Mortgages