Murkowski Comments on Hilcorp Acquisition of BP’s Alaska Assets
U.S. Senator Lisa Murkowski, R-Alaska, today issued the following statement after Hilcorp announced it has reached agreement to acquire substantially all of BP’s assets and interests in Alaska.
“We thank BP for its long-standing partnership on resource production in our state and for the many significant and lasting philanthropic contributions it has made in our communities,” Murkowski said. “I’m looking forward to learning more details and am encouraged that an enterprising company like Hilcorp sees so much opportunity in Alaska and is willing to make such significant investments in one of the most prolific and under-explored basins in the world. Hilcorp has a strong record of hiring Alaskans and I hope they will continue and strengthen our record of responsible production on the North Slope.”
Hilcorp is one of the largest privately held oil and gas exploration and production companies in the world. BP is a major multinational oil and gas company headquartered in London. Hilcorp has produced oil and gas in the Cook Inlet of Alaska since 2012 and acquired significant North Slope assets from BP in 2014.
Murkowski is Alaska’s senior Senator and Chairman of the Senate Energy and Natural Resources Committee.