Mike Coy
96:17 - 96:42
"the Cook Inlet is an underexplored basin. We have conditions finally where, from an economic perspective, meaning the market price is sufficient enough that it should attract exploration dollars, and that has historically not been the case."
“the Cook Inlet is an underexplored basin. We have conditions finally where, from an economic perspective, meaning the market price is sufficient enough that it should attract exploration dollars, and that has historically not been the case.”
- Speaker
- Mike Coy
- Timestamp
- 96:17 – 96:42
- Community
- Alaska News
- Location
- Juneau
- Captured at
- September 10, 2026
From the transcript
So it's the appropriate scale, appropriate level of investment to supplement what already exists in terms of Cook Inlet production, Cook Inlet production capability. What Hilcorp does not address and what we wanted to just make sure is part of the conversation is exploration. Is that by and large, the Cook Inlet is an underexplored basin. We have conditions finally where, from an economic perspective, meaning the market price is sufficient enough that it should attract exploration dollars, and that has historically not been the case. And you would expect from a healthy basin to have that exploration potential and prices that support exploration.
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