- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Miller Energy Resources, Inc. (NYSE:MILL) announced updates regarding operations and acquisitions of Alaskan assets
Miller Energy Resources, Inc. (NYSE:MILL) announced updates regarding operations and acquisitions of Alaskan assets.
As quoted in the press release:
CIE has reached an agreement with Mental Health Land Office, increasing asset acreage over the Olson Creek prospect by 1,660 acres bringing the total to 13,421 acres. In addition, CIE has increased its Alaska oil & gas leaseholds by 40,478 acres. The new leases are located on both the West and East sides of the Cook Inlet. The leases were issued as a result of CIE’s success at the State of Alaska’s Cook Inlet Areawide Lease Sale in May of 2012 where CIE was the high bidder on approximately 54,084 acres. Issuance of the remaining acreage is still pending.
CIE’s CEO, David Hall, said:
We expect this additional acreage to substantially increase the possible gas reserves for CIE in the Olsen Creek prospect. The company’s success in increasing the size of our leaseholds here is also a welcomed addition to our core asset area.
To view the whole press release, click here.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.