Cook Inlet Region, Inc. (CIRI) has joined Doyon, Limited in its exploration for fossil fuels in the Nenana Basin. Officials from both Alaska Native corporations expressed excitement for the partnership.
Doyon began drilling its third exploratory well June 1 about 50 miles southwest of Fairbanks, just west of the Nenana community. CIRI will take part in drilling the well, called Toghotthele No. 1.
The Fairbanks-based Doyon has been exploring the Nenana Basin for fossil fuels for more than a decade, and Ostbloom said engineers conducted more 2-D and 3-D testing over the winter. Data collected from Doyon’s second well has also been revealing.
Read more on the Newsminer: The Voice of Interior Alaska.