ExxonMobil Announces Plan to Put Alaska’s Point Thomson Field on Production

ExxonMobil Production Company, as operator and on behalf of the other unit working interest owners, today announced a new project to develop and produce hydrocarbon resources from the Point Thomson field on the Alaska North Slope.

ExxonMobil submitted the plan to the Alaska Department of Natural Resources. It involves evaluation, delineation and development of Point Thomson reservoirs through a phased approach to fully develop the hydrocarbon resource for the mutual benefit of Alaskans and the unit working interest owners. Production is anticipated to start by year-end 2014.