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During the 2014-2015 winter exploration campaign in an oil-rich area
Repsol completes successful testing at two oil wells in Alaska
Press Release
02/06/2015 20:30
- The wells successfully drilled and tested during the latest exploratory campaign add to encouraging results from previous campaigns that indicate an area of significant potential.
- Production tests yielded good quality crude from wells which have encountered multiple pay areas.
- Alaska’s North Slope is an especially promising area for Repsol as it has already shown high oil potential.
- Repsol operates the discovering consortium with a 70% stake, in association with 70 & 48 LLC, a subsidiary of Armstrong Oil and Gas, (22.5%) and GMT Exploration Company (7.5%).