Production from Peregrine & Umiat will require 100kms pipeline going to TAPS *or* a pipeline to Conoco’sacreage which will also require Conoco to develop Harpoon/Willow andspend billions doing so! good luck!!!
Conoco will charge 88e tarriffs and multi billions for capex...
Its the NPR so will need federal approvals...mmmm
and 88e only have 50%!!!!
run your numbers on 50% of a low case and best case middle number....not this mean 600mmbbls number....look at the low and high and middle it
Umiat was found in the ~1940s...and zero production in 75 years!!
good luck to 88e...hope it goes higher.....lets see what a 1 week flow rate is....not a flash flow rate!!
any big strength in share price this is a big value short.... its not worth it in my opinion and will never produce for another decade at a minimum
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