Great bear oil drilling alaska vbvlezd

Great bear oil drilling alaska

11.03.2021

Fulham72089

The state Division of Oil and Gas approved Great Bear Petroleum’s plan to drill the Winx-1 exploration well Dec. 14. Anchorage-based independent Great Bear is partnered with Australian explorers 88 Energy, Red Emperor Resources and Otto Energy to drill the well estimated to cost roughly $15 million, according to company filings with the state. Early on, Great Bear touted its potential to revolutionize the Alaska oil industry with source rock development. The program would require significantly more wells than a conventional development and could theoretically add hundreds of thousands of barrels of oil production each day to the waning throughput on the trans-Alaska oil pipeline. Through its agreements with Great Bear Petroleum Operating ("Great Bear") in 2015, Otto has between an 8% and 10.8% working interest in 73 leases (covering 263,156 gross acres) held by Pantheon Resources plc (AIM:PANR) on the Alaskan North Slope (“Central Blocks”). Privately held Alaskan exploration company Great Bear Petroleum are set to drill to the north of TANGIERS in the coming months. These drilling events will be ones to watch for TANGIERS’ investors – any success by Great Bear may materially impact the value of TANGIERS’ ground. The Alaska Department of Natural Resources, Division of Oil and Gas (Division), received a lease plan of operations permit application (LONS 18-002) from Great Bear Petroleum Operating LLC (GBP) to drill an exploration well within the GBP Western Lease Block during the winter 2018/2019 season. Great Bear began drilling the Alkaid No. 1 well in mid-February, which was later than the company had intended to start the program. As such, the company said it would likely drill only two wells this season, rather than three. Through March, the company had yet to receive an Alaska Oil and Gas Conservation Commission permit for the second well. Great Bear created something of a stir in Alaska in October 2010, when it took more than 500,000 acres in a state North Slope lease sale, saying that it was embarking on a program of shale-oil

As if the impacts of climate change weren't enough, big fossil fuel companies have now In a review of Shell's plans to drill in the Alaskan Arctic Ocean, the U.S.

Privately held Alaskan exploration company Great Bear Petroleum are set to drill to the north of TANGIERS in the coming months. These drilling events will be ones to watch for TANGIERS’ investors – any success by Great Bear may materially impact the value of TANGIERS’ ground. The Alaska Department of Natural Resources, Division of Oil and Gas (Division), received a lease plan of operations permit application (LONS 18-002) from Great Bear Petroleum Operating LLC (GBP) to drill an exploration well within the GBP Western Lease Block during the winter 2018/2019 season. Great Bear began drilling the Alkaid No. 1 well in mid-February, which was later than the company had intended to start the program. As such, the company said it would likely drill only two wells this season, rather than three. Through March, the company had yet to receive an Alaska Oil and Gas Conservation Commission permit for the second well.

18 Jan 2019 88E Energy Otto Red Emperor Resources ASX OEL RMP oil gas Winx 1 Winx- 1 exploration well after receiving drilling approval from the Alaska Oil of private company Great Bear Petroleum's working interest (88 Energy

3 Aug 2019 Why is there so much oil beneath the Arctic — and do we really need it? migratory herds of caribou, hundreds of bird species and polar bears. "It's been called America's last great wilderness; it's one of the ecologically recent (but failed) attempt to open the Arctic off Alaska's coast to offshore drilling, too.

30 Mar 2019 A federal judge in Alaska has reinstated a ban on oil-and-gas drilling in “This is a great victory for the Arctic, its polar bears, other wildlife and

LNG Project in the Great Bear Rainforest threatens whales and marine life on Crude oil from the tanker Exxon Valdez, top, swirls on the surface of Alaska's 22 Oct 2019 LIVE STREAM: Alaska's indigenous tribes are fiercely proud of their land piece of protected wilderness for oil exploration, is it under threat? Great Bear Petroleum is a private oil exploration company. Headquartered in Anchorage, Alaska, we have established a dominant acreage position on the prolific North Slope, home to the largest oil fields in North America. Operator of 285,000 acres immediately south of Prudhoe Bay and Kuparuk oil fields.

Participation in the Great Bear acreage provides Otto with a clear focus post the sale of our Galoc production field and the drilling of the Hawkeye-‐1 exploration

14 Feb 2019 The vendor, Great Bear Petroleum, was forced to deal on their jewel in the crown due to burdening debt, a cash commitment to the Alaskan drilling in the Arctic Ocean off Alaska's northern coast. This paper argues that drilling and bears and is designated as critical habitat for this threatened species. 24 Dec 2018 Pantheon Resources plc (AIM:PANR), the AIM-traded oil and gas Ventures I LLC and Great Bear Petroleum Ventures II LLC (together have over 250,000 leased acres onshore North Slope of Alaska, are well located to. 7 May 2017 Hydraulic fracturing's horizontal drilling technique has enabled industry to BP, Great Bear Petroleum, and the Alaska Oil and Gas Association 12 Sep 2019 House Debate on Oil and Gas Drilling in Alaska IT'S GREAT TO BE DOWN HERE WITH MY FRIENDS, BOTH -- ON BOTH SIDES OF THE 27 Oct 2016 But the independent companies — Accumulate Energy Alaska and Great Bear Petroleum — are also hoping to tap into easier-to-flow,