Company says well tests exceed expectations

The chief executive of Cook Inlet Energy says initial tests from its Sword No. 1 well have exceeded the company's expectations.

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by Associated Press

KENAI- The chief executive of Cook Inlet Energy says initial tests from its Sword No. 1 well have exceeded the company's expectations.

David Hall said in a release that his company expects the well, on the west side of Cook Inlet, will surpass the previous production estimate of 750 barrels of oil equivalent per day.
The well averaged 883 barrels of oil equivalent per day during a 96-hour period.
Sword No. 1 is the first of two wells planned near the West McArthur River Field.
The Alaska Oil and Gas Conservation Commission has tentatively scheduled a public hearing in January for the company's application to combine production from two reservoirs in the Sword No. 1 well.