Accumulate Energy spuds Icewine - April 30, 2017

Providing coverage of Alaska and northern Canada's oil and gas industryApril 2017

Vol. 22, No. 18

Week of April 30, 2017

Accumulate Energy spuds Icewine

Accumulate Energy Alaska Inc. has spud the Icewine No. 2 well.

The local subsidiary of the Australian independent 88 Energy Ltd. began drilling the North Slope exploration well on the evening of April 24, according to the company.

Accumulate Energy is drilling the onshore well using the Doyon Arctic Fox rig. The company expects drilling to last about one month, with testing in June and July.

Icewine No. 2 is situated along the trans-Alaska oil pipeline.

The company is using the Icewine program to target both conventional prospects in the region as well as unconventional opportunities, primarily in the HRZ shale.

The Icewine No. 2 project is the second exploration program on the North Slope this winter. Armstrong Energy Inc. recently completed the Horseshoe exploration program.

- ERIC LIDJI

Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
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