Brooks Range Petroleum applies to form Beechey Point unitUnit would cover 25 leases in the Gwydyr Bay region north of Prudhoe Bay, site of previous oil discoveries hampered by economics; first oil from 52,877-acre area could be as early as 2013 Eric Lidji Petroleum News
A joint venture of independents is proposing to form a unit north of Prudhoe Bay.
Brooks Range Petroleum Corp., the local affiliate of Kansas-based Alaska Venture Capital Group, filed an application with the state Department of Natural Resources on April 27 to form the Beechey Point unit from 25 lea....
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Oil long known in region
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