The Alaska-focused explorer said on Monday that after completing its first Icewine well “on budget” at $16.61 million and “achieving all its primary objectives”, it is now drafting plans to mitigate the risks of drilling a second well.
“As a consequence of these continued good results, we have tailored our seismic acquisition to focus on mitigating drilling risk for the next well, Icewine#2H, for which planning has commenced,” managing director Dave Wall said.
“The
