PHILLIPS EVALUATING OIL FIND IN UPPER COOK INLET

Phillips Petroleum Co. has an active drilling program in northern Cook Inlet 35 miles west of Anchorage, including delineation of an oil field of undetermined size. The company has spudded 2 Sunfish to evaluate oil possibilities in the Tyonek, Hemlock, and West Foreland formations at 13,000-19,000 ft measured depth, Petroleum Information reported. Phillips is drilling the well from its Tyonek platform, built in 1968 to develop North Cook Inlet gas field. Phillips said it might drill another

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