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Alaskan Mukluk oil prospect labeled likely a dry hole
Diamond Shamrock reports a promising Beaufort Sea well appears dry, jeopardizing Mukluk as North America's top oil prospect. The firm estimates a major write off if data confirm the assessment, while other partners like Sohio Mobil and Shell call for more testing and caution.
MENTIONED IN THIS ARTICLE
Robert Burns
New York
U.S
Diamond Shamrock Corp
Alaskan
Beaufort Sea
Mukluk
North America
U.S. Arctic
Prudhoe Bay
Ment
Paul R. Leibman
Paine Webber
Diamond Shamrock
Standard Oil Co
Ohio
Sohio
Mobil Corp