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Vol. 6, No. 8 Week of August 28, 2001
Providing coverage of Alaska and northern Canada's oil and gas industry


Phillips files application to unitize lower Cook Inlet leases

Two three and a half mile extended reach wells being permitted for Cosmopolitan unit; production likely to qualify for 5 percent discovery royalty

Kay Cashman

PNA Publisher

In August, Phillips Alaska Inc. filed a final application with the state Division of Oil and Gas and the U.S. Minerals Management Service to unitize seven state lower Cook Inlet leases, totaling 24,600 acres, and two federal Outer Continental Shelf leases, totaling 9,765 acres. Working interest owne....

    [additional news subjects in this story]

Close to old Starichkof State No. 1 well

Hoping for higher gravity oil

Eligible for 5 percent discovery royalty


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