6-17-19 ConocoPhillips Acquires Caelus’ North Slope Nuna Discovery Acreage

ConocoPhillips Signs Agreement with Caelus Natural Resources to Acquire Nuna Discovery Acreage ConocoPhillips Alaska (COPA) today announced that it has entered into an agreement with Caelus Natural Resources Alaska, LLC to acquire 100 percent of the Nuna discovery, located just east of the Colville River and approximately five miles southwest of the Oooguruk Field. The Nuna prospect was announced as a discovery in 2012. The purchase includes 11 tracts covering 21,000 acres. Over the next several years, COPA will appraise Nuna with a goal toward making a final investment [...]