In-place Infrastructure

  • 4.3 miles all-weather road with access to the Mustang development pad
  • The All-weather development pad covers 19 acres and is just 250 metres from the Alpine common carrier pipeline
  • Infrastructure in place allows for year round operations
  • The Mustang production facility will be located on the development pad
  • All output from the Mustang field can be handled from the existing development pad
  • Approximately USD$31m has been invested to complete the development pad and the all-weather road
  • Since November 2013, the pad has generated approximately USD$3.9m of lease income from other North Slope operators utilizing the pad


Mustang Operations Centre ("MOC")

Converts Major Capex To Opex

  • Total cost ~$225 million
  • Alaskan Industrial Development & Export Authority ("AIDEA") to invest $50 million
  • Remainder debt finance by Charisma Energy
  • Operated by Brooks Range Petroleum Company ("BRPC")
  • Lease payments by working interest owners over 7 years from production