Armstrong permits sidetracks - March 05, 2017

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

Vol. 22, No. 10

Week of March 05, 2017

Armstrong permits sidetracks

Armstrong Energy LLC has permitted two sidetracks at its Horseshoe prospect.

The Alaska Oil and Gas Conservation Commission issued a permit on Feb. 13 for the company to drill the Horseshoe No. 1A well and on Feb. 24 for the Horseshoe 1B well.

Armstrong is using the Arctic Fox rig to drill the Horseshoe No. 1 exploration well southwest of the Kuparuk River unit, south of Nuiqsut. After finishing at the Horseshoe prospect, the rig is scheduled to drill at the Icewine prospect for Accumulate Energy Inc.

Armstrong is operating the exploration program on behalf of a joint venture with Repsol E&P USA Inc., which operated earlier wells in the exploration program. When asked about the Horseshoe well during quarterly earnings call with analysts on Feb. 23, Repsol CEO Josu Jon Imaz said that the company would have more news “in coming days or in coming weeks, after finishing the drilling process.”

- ERIC LIDJI

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