Energy for Alaska

The key exploration schedule is being implemented as planned. Work recently began on the drill-ing of what is now the fifth exploratory well in the Kitchen Lights Unit natural gas and crude oil production region in Southern Alaska.

After drilling three wells in the Corsair Block and another in the Northern Block, Furie Operating Alaska, ECI's U.S. partner, is now turning its attention to the Central Block. The target depth for this year is about 3,600 metres.

The fifth well was drilled in accordance with the relevant exploration schedule, which is coordinat-ed with the Department of Natural Resources (DNR) on an ongoing basis. This schedule speci-fies the special exploration and development measures that must be complied with annually in each of the four exploration blocks (North Block, Corsair Block, South-West Block and Central Block). So far, all the measures have been implemented as planned by Furie Operating Alaska.

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