Brooks Range JV to Drill Third Exploration Well in Alaska's North Slope
1 report, 1 independent
Updated Aug 16
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What happened
A joint venture has been formed between Brooks Range Petroleum, TG World Energy, and Ramshorn Investment. The partners operate in leases within Alaska's North Slope. The JV plans to drill a third exploration well during the 2006-07 winter season in the Gwydyr Bay area, north of the Prudhoe Bay unit.
From petroleumnews.com
Why it matters
The exploration program involves identifying prospects using mapping of 3D seismic data. The JV is currently negotiating for the purchase of additional 2D and 3D seismic data sets and plans to conduct a proprietary 3D seismic program on its own lands.
The joint venture partners have contracted Nabors Drilling to carry out the planned exploration activities.
From petroleumnews.com