Halliburton joins Alaska North Slope oil shale venture

摘要

Anchorage-Great Bear Petroleum has formed a joint venture with Halliburton to test the technical feasibility of producing oil from shale on the Alaska North Slope, Great Bear President Ed Duncan said November 4. The JV involves a multi-year working commitment for Halliburton that would lead to the service company earning an equity interest in the project if the commitment is fulfilled, Duncan told Platts. Anchorage-based Great Bear would remain as the overall operator of the program, he said. "This is a major step forward for us," Duncan said.