OEL 0.00% 1.3¢ otto energy limited

Alaska, page-360

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    GB/OEL is in the hotspot with blocks a few K’s from the billion barrel Horseshoe discovery...could be a farm out coming on to the benefit of GB and OEL..?
    From peroleumnews...


    Looking at it again


    Nanushuk/Torok discoveries push a rethink of North Slope oil potential

    Alan Bailey

    Petroleum News


    New major oil discoveries in the Nanushuk and Torok formations on Alaska’s North Slope are causing some significant rethinking of the oil potential of the region, as companies move towards development of these exciting finds and people assess further exploration opportunities. Petroleum geologist Paul Decker from Alaska’s Division of Oil and Gas recently talked to Petroleum News about the nature and significance of the new finds. Decker sees the new Nanushuk/Torok oil play as opening the possibility of further significant oil discoveries to the west of the central North Slope. The play may also prove valuable as a geologic paradigm for oil prospects in the newly opened 1002 area of the Arctic National Wildlife Refuge, Decker thinks.

    The three recent finds consist of the Pikka/Horseshoe trend in the Nanushuk in the Colville River delta region, the Willow discovery in the Nanushuk of the northeast)ern National Petroleum Reserve-Alaska and a major oil pool in the Torok under Smith Bay,

    Oil Search in partnership with Repsol and Armstrong Energy is pursuing a development in Nanushuk sands in the Pikka unit - Armstrong also drilled the successful Horseshoe Nos. 1 and 1A wells in equivalent sands some 20 miles to the south of Pikka. During the last winter ConocoPhillips encountered oil in the Putu Nos. 2 and 2A wells, and in the Stony Hill No.1 well, all in that Pikka/Horseshoe trend. And ConocoPhillips is planning the development of its Willow discovery. Caelus Energy made its huge Smith Bay discovery in 2015 but thus far has not been able to further delineate the find or conduct any flow tests for the oil pool.



    Brookian oil plays
    Last edited by hombre cara: 23/06/18
 
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