Press Releases

Congressman Don Young Issues Statement on BP’s Sale of Alaska Assets to Hilcorp

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Washington, August 27, 2019 | comments

Washington, D.C. Today, Alaska Congressman Don Young issued the following statement in response to BP's announcement that the company’s Alaska assets have been acquired by Hilcorp for $5.6 billion.

“For over 60 years, BP has been an important part of Alaskan communities and a significant contributor to our state’s economy. I would like to thank them for their decades of service,” said Congressman Young. “Alaskans are committed to responsible energy development, and BP has been a steadfast partner in this important cause. It is difficult to see a great company leave, not only because of our strong shared history in Alaska, but more critically because so many of our family members and friends have built great careers with this company. I am greatly looking forward to working with Hilcorp as Alaska continues producing the affordable energy our country depends on. Throughout this transition, Alaskans have my commitment that I will continue doing everything in my power not only to strengthen our energy development sector, but to support the current BP employees working on the North Slope and across our great state.”

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