"Pikka is a high-quality, low-cost oil development with strong economics and long reserves life benefitting not only Santos and its joint venture partner Repsol but also key stakeholders including the State of Alaska and Alaska Native Corporations. The project is set to generate robust cash flows and support strong shareholder returns over the coming years." Australian energy company Santos has begun continuous production operations at the Pikka phase one oil project on Alaska's North Slope, with the initia ...