Miller Energy Resources, Inc. (MILL) Updates Alaska Drilling Program
Miller Energy Resources, Inc. issued an update to shareholders and the investment community regarding the company’s oil and gas exploration and development program in the United States. Miller Energy Resources is involved with a two well offshore workover program at the Redoubt Shoals Field in the Cook Inlet of Alaska. The company is attempting to stimulate additional production at these wells through the replacement of pumping equipment and well bore optimization techniques. Miller Energy Resources said that the workover of the RU-7 well was recently completed and the well was producing at an initial rate of 250 barrels of oil…