CIRI and Apache Corp. signed an agreement to explore for oil and natural gas on CIRI lands in the Cook Inlet basin.
“CIRI is on board with moving resource development forward in Southcentral Alaska,” said Margie Brown, CIRI president and CEO.
“Responsible use of resource-rich lands will benefit Alaskans and CIRI shareholders for years to come.”
Apache is using state-of-the-art 3-D seismic technology and plans to drill its first well in the Cook Inlet basin later this year.
Apache’s seismic acquisition program employs the industry’s first true cable-free wireless seismic technology in order to limit disturbance on communities, wildlife and the environment.
Apache is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom North Sea, Australia and Argentina. To learn more visit www.apachecorp.com.
The mission of CIRI is to promote the economic and social well-being and Alaska Native heritage of our Shareholders, now and into the future, through prudent stewardship of the company’s resources, while furthering self-sufficiency among CIRI Shareholders and their families.
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Cook Inlet Region, Inc. (CIRI) is one of 12 regional corporations established in Alaska by the Alaska Native Claims Settlement Act of 1971. CIRI is owned by over 9,200 Shareholders, primarily of Athabascan, Southeast Indian, Inupiat, Yup’ik, Alutiiq/Sugpiaq and Aleut/Unangax descent.