One-Page Deal Sheet
Polar Petroleum Sells Alaskan Seismic Data to Conoco
ConocoPhillips Polar Petroleum Corporation
Announced Date
October 21,2013
Effective Date
August 28,2013
Close Date
October 21,2013
Transaction Type
Property
Asset/Basin:
{"Alaska North Slope"}
TargetZones:
{Shublik,"HRZ/Hue Sh
Location
Country
United States
State
Alaska
Transaction Details: Subscribe to see
Polar Petroleum Corp. has entered into a charter agreement seismic data use license on August 28, 2013 with ConocoPhillips Company and ConocoPhillips Alaska, Inc. to purchase a license for the use of 2D geophysical data related to Alaska's North Slope region.
The agreement represents a total of 7120.16 miles of seismic data across 495 lines from a total of 32 surveys. Counted among the surveys are 1968-69 Prudhoe Bay; 1970 North Prudhoe Detail/ARCO; 1971 Shell Shallow Water Grp and 1972 North Slope/Mobil.
The License agreement outlines terms whereby Polar Petroleum may make the seismic data…
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