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News Breaks | | | | January 9, 2013 | | 08:16 EDT |  | MILL | Miller Energy provides operational update for Alaska and Tennessee
Miller Energy released an update on its operations both in Alaska and in Tennessee. In Alaska, the workover on RU-3 went as planned. Once completed, we expect to be able to bring gas production online from RU-3. New additional perforations have been identified in the RU-7 crude oil well, and with the additional perforations, the company anticipates an increase to the previously producing flow rate. The company anticipates being able to restore RU-2 to over 600 bbls/day. In Tennessee, drilling on the company's first Mississippian Lime horizontal well at Skull Creek was completed on December 23, 2012. The next step is completion, which is expected to begin on January 11, and the well will be put in production in 4 to 7 days. The results to date are very encouraging. | |
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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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