NEWS BULLETIN

April 25, 2003 --- Vol. 9, No. 43April 2003

TotalFinaElf meets with agencies about 2004 NPR-A drilling




ogram. The well will be drilled in either the Caribou East or Caribou West prospects from an ice exploration pad. (Caribou East is in the vicinity of Township 9N-Range 5W, Umiat Meridian; T10N-R5W, UM; and T11N-R6W, UM and Caribou West is in the vicinity of T9N-R7W, UM and T10N-R7W, UM.) The company said a “rolligon transportable Arctic class land drilling rig” will be used, although a specific rig has not yet been chosen. Drilling operations will be supported by both rolligon and aircraft, possibly using the 5,000 foot gravel airstrip at Inigok, which is located between TotalFinaElf’s Caribou East and Fox prospects. Under the company’s present plan, fuel will be flown in from Deadhorse “either to a purpose built ice strip close to the drilling location or to a fuel depot which would be installed at Inigok.” Editor’s note: See full story in the May 4 edition of Petroleum News.

Agrium plans to lay off 65 employees over next several months


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