We need a healthy oil business in order to move to a healthy gas business. We view oil and gas as one package and the agreement reached with the governor is finely balanced.
More Quotes from Daren Beaudo:
There are technical challenges with viscous oil and these facilities were created to handle light oil. It's not necessarily the characteristics of the crude oil, it's water. Water is the source of corrosion. You've got to have water in the line to have corrosion.Daren Beaudo
We expect that the majority of the material recovered is going to be oil.
Daren Beaudo
We're looking at 13 billion in capital investment over the next decade.
Daren Beaudo
A large project like this takes time.
Daren Beaudo
Our participation in the state lease sale is aligned with our current interest in progressing Liberty along.
Daren Beaudo
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