GeoPetro Spuds New Well

GeoPetro Resources has successfully began drilling operations at the Lea 1 exploration well in the Cook Inlet of Alaska.

The prospect was identified by GeoPetro after the firm reprocessed 2-D seismic data acquired from AMOCO on the Point MacKenzie block.

The well is situated near the Enstar 20in natural gas pipeline, which has spare capacity.

With the proximity to the pipeline GeoPetro will be able to access the lucrative Anchorage gas market.