Rig moving to Winx site

THE Winx-1 joint venture’s Aussie partners – Otto Energy (18.75%), Red Emperor Resources (31.25%) and 88 Energy (40% and drilling operator) – have announced rig mobilisation has begun to the planned well on Alaska’s North Slope after the ice road and ice pad were completed.

Alaskan JV on track to spud in nine days after ice road completion

06 February 2019
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The deal also includes local Great Bear Petroleum, which farmed down its 90% share last year to 10%.

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