BRIEF-Repsol And Santos Reach First Oil At Pikka In Alaska

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May 18 (Reuters) - Repsol SA REP.MC:

  • WITH SANTOS REACH FIRST OIL AT PIKKA IN ALASKA

  • PRODUCTION TO INCREASE TO REACH PRODUCTION PLATEAU OF 80,000 BARRELS OF CRUDE OIL PER DAY IN Q3 THIS YEAR

  • REPSOL HAS A 49% STAKE IN THE PROJECT, WHILE THE AUSTRALIAN COMPANY SANTOS OWNS THE REMAINING 51% AND ACTS AS OPERATOR

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Further company coverage: REP.MC


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