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Finnex deal falls apart, North Slope Mustang oil field in AIDEA's hands - December 13, 2020 - Vimarsana News

Finnex deal falls apart, North Slope Mustang oil field in AIDEA's hands - December 13, 2020

Providing coverage of Alaska and northern Canada's oil and gas industry Finnex deal falls apart, North Slope Mustang oil field in AIDEA’s hands Kay Cashman Petroleum News The Finnex LLC deal to purchase the assets of the Mustang oil field, which lies between the Kuparuk River and Colville River units on the North Slope, appears to have fallen through, putting the Southern Miluveach unit in the hands of AIDEA-owned Mustang Holding LLC, per a Dec. 4 decision by Alaska’s Division of Oil and Gas. AIDEA, the Alaska Industrial Development and Export Authority, is the primary lender for the Mustan...