Monday, July 2, 2012

Good Luck Great Bear

There's no news to discuss on the Alaska Gas Pipeline front but I did take note of Great Bear Petroleum's efforts on a shale oil well (LINK):

Alaska-based independent Great Bear Petroleum is now drilling its first North Slope test well to assess the potential for production of oil from shale formations in the region, similar to the way oil is being produced in the Bakken and Eagle Ford shale formations of the Lower 48 states, the president of Great Bear said Friday.
More production from a new resource will help refill TAPS and may contribute to a new source of gas production.  Without risk takers and innovators like these we would all be sunk.  

I wish them the best of luck and a safe and productive project.  

1 comment:

Everett Estes Ford said...

Thank you for this interesting information.