Hilcorp Seeing Positive Gas Supplies after Marathon Acquisition

Posted: April 29, 2013 at 12:15 pm

Good news is coming from Hilcorp in the wake of the asset of Marathon’s Cook Inlet Assets. We spoke to Hilcorp’s Lori Nelson this morning

 

Nelson: “With the transition to the Marathon assets,  we’re pretty pleased with how things are looking at this point. Of course, spring is always a difficult time, as temperatures start to warm up, as we begin to burn a little less gas out of those areas. But we are encouraged to say that right now, we’ve pretty much determined that we’ll be able to meet the needs the of utilities that were communicated to us through 2017. We’re in active discussions with the utilities now to try to figure out what we’re going to put on paper, looking forward to seeing how that will flush out.”

 

Hilcorp took control of the assets in February of this year.

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