Geologists reevaluate Bristol Bay areaField investigations,modern analytical techniques point to significant gas potential and possibility of oil in Southwest Alaska Alan Bailey Petroleum News Staff Writer
The existence of several significant oil and gas seeps along the Alaska Peninsula provides tantalizing evidence of a petroleum system in the area. Alaska’s earliest “oil rush” occurred on the peninsula in the 1920s, but a lack of drilling success coupled with oil discoveries elsewhere moved explorat....
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Could there be a resurgence of exploration in the region? Started in 2004 Evidence for oil The Tertiary
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