The OMEGA File: TESTIMONY OF CHARLES HAMEL BEFORE THE UNITED STATES HOUSE

The OMEGA File

TESTIMONY OF CHARLES HAMEL BEFORE THE UNITED STATES HOUSE OF REPRESENTATIVES OF THE UNITED STATES CONGRESS COMMITTEE ON INTERIOR AND INSULAR AFFAIRS

2226 Rayburn House Office Building Washington, D.C. November 4 & 5, 1991

(Note: The following is just one excerpt from the lengthy transcript of the hearing – Branton)

In 1988, ARCO, EXXON and British Petroleum failed to tell this Committee about the existence of the Pt. McIntyre billion barrel oil field directly under the West Dock, virtually within sight of the Alyeska Pipeline, while they were testifying that Prudhoe Bay was running dry. In fact, both ARCO and EXXON knew that they had discovered the Pt. McIntyre field years earlier.

In 1989, my General Partner, EXXON, told me that our Pt. McIntyre leases were dry. I sold my interest in the leases for what EXXON told me was a fair price. Several weeks after selling EXXON my interests, the major discovery was announced.

ONCE AGAIN, they LIED to you, they LIED to the Congress, they LIED to the public, and they DEFRAUDED us all.”

Chapter 32