Apache just spud their first well this morning
Apache says that Cook Inlet could be "revolutionized" by reaching a total output of 50,000 - 100,000 barrels a day (wonder what to do with all that oil?)
Cook Inlet Energy planning to spud Olsen Creek mid-December
Olsen Creek may have oil as well
Potential 84 bcf of natural gas
Otter must be redone later with new mud pumps
Cook Inlet Energy's total production is 1400-1450 at this time
Sentiment: Strong Buy
If the Inlet gets to 100,000 barrels a day MILL is at least a $50 stock
they could snap up Miller in a heartbeat
Excelent! Thank you. Im not suscribed so I can´t share complete articles on Petrolewm news.
Great news! Does the article say where in relation to Miller's property the well was started?