At the time, the find was hailed as the largest conventional onshore US discovery in more than 30 years.
Respol isn’t the only company uncovering massive gas fields in the North Slope in recent years, with Conoco Phillips discovering a 300-million-barrel of oil find in the Nanushuk.
“It is also worth noting that the first exploration/appraisal well of the season, Pikka-B, has been reported as encountering high porosity, hydrocarbon bearing sand in the Nanushuk formation, on trend and 15 miles to the north of Winx,” he added.
The trio executed formal agreements to farm into the acreage last July, with 88 Energy taking over as operator.
The news of the permit green light was announced by the trio in separate statements to the ASX, with the approval making the last major regulatory step required for drilling operations to begin.
It comes only a few weeks after the partners submitted the drilling permit.
The primary objective of the Harvey appraisal well is to confirm gas volumes which management estimate at 85/129/199 BCF Prospective Resources in the Low/Best/High case, with a 63% Geological Chance of Success and secondly to demonstrate reservoir deliverability.
IOG also said on Wednesday it had signed a sales and purchase agreement (SPA) with Perenco, Tullow Oil, and Spirit Energy for the acquisition of the Thames Reception Facilities (TRF) at the Bacton Gas Terminal.
It contains certain gas and liquids reception equipment which is planned to be refurbished and recommissioned during the development phase of IOG’s Core Project, which comprises 410 BCF, of 2P 2C reserves and resources across six discovered Southern North Sea (SNS) gas fields.
Independent Oil and Gas (IOG) expects to start drilling its Harvey appraisal well in the UK North Sea at the beginning of August 2019.
The company has also closed the deal for the acquisition of the Thames Reception Facilities at the Bacton Gas Terminal.
Stacey Wintergrin is the love interest of Spud from American Dragon: Jake Long. She is the second blonde love interest in the series after Rose.
She is one of the three co-captains of the cheerleading squad alongside Tracey and Lacey.