Oil Search ramps up Alaska plans 

OIL Search will make a final investment decision at its Pikka oil project in Alaska by the end of next year and will cut development costs down to US$3 billion.

Oil Search ramps up Alaska plans  Oil Search ramps up Alaska plans  Oil Search ramps up Alaska plans  Oil Search ramps up Alaska plans  Oil Search ramps up Alaska plans 

A PNG delegation in Alaska

Breakeven costs are now less than US$40 per barrel, with fewer wells but the same planned  production level of 80,000 barrels of oil per day.