88 Energy Appoints New General Manager for Alaskan Operations

Junior oil and gas firm 88 Energy Limited announced Wednesday the appointment of Erik Opstad as the general manager of the company’s Alaskan operations.

The former Savant Alaska General Manager worked in the oil and gas industry for 35 years and will be responsible for the development of Project Icewine, which 88 Energy holds an 87.5 percent working interest in.

Project Icewine focuses on 99,360 acres onshore the North Slope of Alaska. Working with its joint venture partner Burgundy Xploration, 88 Energy has identified two prospective play types that are likely to exist on the acreage, according to 88 energy.

88 Energy Managing Director Dave Wall commented in a company statement:

"Erik's appointment is one of several key milestones expected to be announced over the coming weeks and is a crucial step forward for the company. Local experience cannot be underestimated, particularly when operating in a unique environment such as Alaska. Erik brings a wealth of knowledge and experience plus a deep local network, which has already resulted in the identification of cost savings in the order of several million dollars. 88 Energy and its shareholders are extremely fortunate to have secured the services of an individual of Erik's calibre."



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Petrofac Suspends Group Chief Operatin... (May 25)
 -  EnQuest On Track For Kraken First Oil ... (May 25)
 -  Energean Signs Lease Agreement for Exp... (May 25)
 -  Seadrill CEO Praises Workforce (May 24)
 -  Serinus Shuts-In Sabria Field Due to S... (May 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Director Downhole Tool Engineering
Expertise: Electrical Engineering|Engineering Manager|MWD / LWD
Location: Houston, TX
 
Sr. Benefits Specialist
Expertise: HR - General
Location: Dallas, TX
 
Engineering Intern Job
Expertise: Student / Recent Grad
Location: Burnsville, MN
 
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours