Major oil company plans 7 wells in Alaska petroleum reserve

A major oil company will drill seven new exploratory wells in the National Petroleum Reserve-Alaska.

ConocoPhillips is planning the work for this winter, the Alaska Journal of Commerce reported.

The wells will be focused on the prospective Harpoon area southwest of the company's existing projects in the reserve, ConocoPhillips Alaska vice-president Scott Jepsen said during a presentation last week to the Alaska Support Industry Alliance.

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