...currently drilling the fourth exploration well, out of the five permitted," said Gary Carlson, senior vice president for Alaska operations. The first exploratory well, drilled to a depth of 15,323 feet, struck a pool of oil 450 feet deep...

...will not know how big the reservoir is until it drills exploratory wells next summer, said Gary Carlson, vice president for Alaska operations. "We're trying to maintain our optimism and hoping it's over 50 million barrels," he said recently...

...help lift oil could increase the flow to 2,500 barrels per day, said Gary Carlson, Forest Oil senior vice president for Alaska operations. "The first well shows us that reserves in the area we drilled are good," he said. However, that...