ExxonMobil has pledged to have a concluded and operational two well drilling programme by the end of winter in 2010.
ExxonMobil is in the process of meeting the commitment it made to Commissioner Tom Irwin to drill two wells on two leases,” Alaska Governor, Sarah Palin said. “This is great progress. It confirms that the decision we made to adhere to commitments and the state constitution is correct.
ExxonMobil’s drilling rights were canceled many years ago when the state decided that the company failed to make valuable progress in the region.
The company presently sees the development of the state’s natural gas pipeline as reason for spending in the drilling effort.
