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News Breaks | | | | September 24, 2012 | | 08:02 EDT |  | MILL | Miller Energy signs farmout agreements with Hilcorp Alaska
Miller Energy Resources announced that its wholly-owned Alaskan subsidiary, Cook Inlet Energy, LLC signed two agreements with Hilcorp Alaska, LLC to acquire Hilcorp’s 30% interest in two leases covering a pair of oil and gas prospects on the west side of Alaska’s Cook Inlet. CIE previously held a 70% working interest in both leases, and the acquisition will add 504 net acres to CIE’s holdings upon fulfillment of the requirements in the farmout agreements. | |
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News For MILL From The Last 14 Days Check below for free stories on MILL the last two weeks. |
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| May 20, 2013 | | 08:43 EDT | | MILL | Miller Energy to begin drilling Sword #1 well
Miller Energy announced that its wholly owned subsidiary, Cook Inlet Energy has entered a contract for the Patterson owned, Rig-191 to drill the Sword #1 well. The company will mobilize the rig from the nearby Tyonek Village area at the end of May and transport it to an existing pad near its West Mcarthur River production facility. The 1500 HP rig is constructed with a 750,000 lb. rated mast and is capable of drilling a maximum depth of 24,000 feet. | |
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