ALASKA'S COOK INLET BASIN SLATED FOR REBOUND IN DRILLING

Almost 36 years after the Cook Inlet basin gave Alaska its first significant oil discovery, the basin is bounding back with a burst of exploration and development. Players in the renaissance are Arco Alaska Inc., Phillips Petroleum Co., Unocal Corp., Shell Western E&P Inc., and Anchorage independent Stewart Petroleum Co. Arco, as operator for itself and Phillips, is preparing to kick off a two or three well drilling program to delineate a deeper pay discovery that holds the potential of being

May 24th, 1993
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