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"Point Thomson"

Hilcorp to quietly take over BP’s stakes in Prudhoe Bay and other oil field assets

Hilcorp Energy Company will take over BP Alaska’s oil and gas leases within Point Thomson, Milne Point and the massive Prudhoe Bay oil field. The transfer is expected to happen around midnight, and marks the close of a major part of the $5.6 billion deal first announced by the oil companies last August.

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