As of 5 March 2019, Accumulate Energy announced hydrocarbon shows were encountered in the primary objective on the Winx 1 new-field wildcat in oil & gas lease ADL 391720, drilling continues toward the proposed total depth of 6,500 ft (1,980 m). The leases are located to the west of the Repsol operated Horseshoe Nanushuk oil discover announce in 2017. According to company release no traces of hydrocarbons were encountered in the shallower Seabee turbidites and non-commercial oil shows were observed in an upper Nanushuk interval 4,459 â 4,530 ft (1,359 - 1,381 m), deeper horizons have yielded more encouraging results. Elevated mud gas readings and oil shows were found between 4,669 ft and 4,901 ft (1,423 m and 1,494 m) within the Nanushuk Formation, as well as in the Torok Formation at 6,053 ft (1,845 m) depth.  Accumulate spud the Winx 1 on 15 February 2019 using the Nordic-Calista Services rig 3. Surface casing will be set at approximately 2,500 ft (762 m). The primary objective of the well is the relatively shallow Cretaceous age Nanushuk Formation at around 4,800 ft (1,463 m) however the well will drill to the deeper Torok Formation as a secondary objective at approximately 6,000 ft (1,829 m).  The Winx prospect is on a block of four Great Bear Petroleum Leases in which 88 Energy Ltd., Otto Energy Ltd. and Red Emperor Ltd. acquired a collective 90 percent working interest earlier in the year. The lease terms were set to expire 30 April 2019 but were extended by the Alaska Division of Oil and Gas to 30 April 2021, contingent on the drilling of an exploration well by 30 May 2019.  The company indicated the prospect is âcomprising multiple stacked objectives with a gross mean unrisked prospective resourceâ of 400 million barrels.
United States (Fish Creek Platform (North Slope B.)) Horseshoe