Hilcorp, one of the nation’s largest privately-held oil and natural gas exploration companies, continues to make significant investments in the Cook Inlet region. The company spud its Greystone well with the Saxon 169 rig in May on the southern Kenai Peninsula, making it the only on-shore exploration well to be drilled in the area this year.
The project is located on CIRI leases between the Deep Creek and Nikolaevsk units, both of which are producing fields operated by Hilcorp. CIRI recognizes Hilcorp as a safe and responsible operator here in Alaska and we wish them success in this latest endeavor.