What's your target?, page-66

I can see the Anadarko possibility, but the ConocoPhillips case is compelling.

Since the post I've seen more and more consolidation and shift of focus amongst the majors. More attention given now to unconventional targets. Thanks in part to the extraordinary developments in extraction technology and efficiency. All of the improvements have given rise to lower break even points. As for the Chinese, I think they'll need a back door partner. Not sure who could fit that bill. CNOOC is well connected though.

Alaska is unique, I'll grant you that. Setting up across the NS is nothing like taking an economical stroll across the plains of Texas!
Seasonal variations bring massive challenges. As does the environmental sensitivity of the area. It really is a beautiful place in summer. Despite the mozzies!!
The Advantages are however extraordinary.
3-6billion barrels of oil to start with!
The possibility of low impact drilling (single pad large area via laterals).
Government incentive.
And of course Incredibly loyal LTH's!!