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The eastern North Slope Sourdough development is still on hold, with operator Jade Energy unwilling to spend more than the $20 million its already invested in the project until it can convince Alaska Department of Natural Resources officials to reverse their decision that put the acreage in default.. ....
Glacier Oil & Gas recently sold Rig 37, which was based in Cook In-let, to Nordic Calista, formerly Nordic Calista Services. When Petroleum News asked why the company sold the rig, Glacier President Stephen Ratcliff said in a June 15 email: We sold Rig 37 because we aren ....
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