particular Repsol began its conquest of Alaska. English oil company has closed a deal with companies GMT 70 & 148 and Exploration for joint exploration blocks both companies have in the North Slope of Alaska, one of the richest U.S. oil. Repsol will take 70% stakes in these blocks.
exploration areas in which Repsol part is a set of blocks located in the vicinity of large producing fields, covering about 2,000 km2.
Repsol go to his arrival in Alaska at least $ 768 million (550 million euros), both for the acquisition of the shares as exploration activities in the coming years.
The start of drilling is scheduled for next winter. The North Slope of Alaska is a particularly promising area for Repsol, which has proven to be rich in oil and low exploration risk.
In the United States, Repsol and develop exploration and production of hydrocarbons in the Gulf of Mexico.
"This agreement is part of our strategy to balance our exploration portfolio with low risk assets, through onshore opportunities in a stable environment. We are confident that our international experience, combined with a partner with local knowledge, generate short-term value, "said Antonio Brufau, chairman of Repsol.
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