Red Emperor Resources says rig mobilisaiton underway for Alaska oil well

Writer, Stock Market Wire
Tuesday, February 5, 2019 - 07:38

Red Emperor Resources said the mobilisation of a rig was underway for the drilling of a new exploration well in Alaska.

The rig was currently traveling around 90 miles to the Winx-1 well site.

Additional equipment required for the commencement of drilling was also being mobilised to the site, in order to meet the scheduled drilling start date of 15 February.

Drilling and testing of Winx-1, in a success case scenario, was scheduled to take around 50 days.

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