Another company that is in the same area (100 miles to the west) linc energy's UMIAT site.
One can hope that the quality found there is synonymous to what lays beneath icewine.
Peter (Bond ,CEO) said, “The success of flowing oil from Umiat is a great milestone for Linc Energy and its team.” “We have now proved that the oil flows easily from the Umiat reservoir with very good permeability and that the drilling process of utilising Horizontal wells with slotted liners with ESP down well pumps as per our commercial design has been a success. And with this success and the knowledge gained from last year’s drilling program, Linc Energy now has clear a path for the commercial development of the billion barrel OOIP Umiat field.” “I was fortunate enough to be on site at Umiat during the oil flow and was very impressed with how easy the well came in (flowed) and the quality of the oil, which is light sweet crude. I’d read stories of how the U.S. Navy was known to put the Umiat crude oil straight from the well head into their trucks and drill rigs. And after seeing and experiencing the oil for myself I can see why they would do this, as the Umiat oil looks like and has the consistency of diesel fuel, just fantastic quality oil that did not change throughout the flow test.”
ref: http://www.lincenergy.com/data/investor_linc/investor-linc-issue-25.pdf
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