Forest thinks Corsair could hold more oil than Redoubt

Company has begun permitting for prospect, but since there are no jack-up rigs in Alaska prospect may not be drilled until next year

Petroleum News Alaska Staff

Houston Office

Forest Oil has provided reserve estimates for five oil and gas prospects in the Cook Inlet, including one the company believes could hold more crude than its Redoubt Shoal field, the most significant inlet discovery in years. But Forest said it must have partners to help pay exploration expenses fo....