NEWS BULLETIN

June 08, 2018 --- Vol. 24, No.15June 2018

Glacier hits success with Starfish well at Badami

Glacier Oil and Gas Corp. successfully found oil with its Starfish exploration well at Badami on the North Slope, Carl Giesler, Glacier CEO, told Petroleum News yesterday. The well, referred to as the B1-07 well, has gone into production through the processing facilities at the Badami field. Well testing demonstrated production rates above 2,500 barrels of oil per day, Giesler said.

The Swordfish well targeted the Killian sand, a reservoir interval below the Badami sands that form the reservoir for the Badami field. Glacier sees proof of the viability of this new reservoir unit as a route to opening up further oil prospects in the Badami area. The B1-07 is the first well brought into production in the Badami unit since 2010 and the first to produce from the Killian sand, Giesler said.

Giesler commented on the achievement of drilling the new well in parallel with production operations at Badami, with more than 100,000 manhours of work involved and a threefold increase in the number of personnel at the field site.

- ALAN BAILEY

See story in June 17 issue, available online Friday, June 15 at www.PetroleumNews.com

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