RDSEA Summers in Alaska, 2014

RDSEA International, Inc. and Olin Hydrographic Solutions (Miami, FL) recently complete an oceanographic assessment and survey for a new platform production facility to be installed in Cook Inlet, AK for Furie Alaska and Crowley Marine. Furie is presently drilling both exploration and development wells with a jack-up rig in the Cook Inlet region. A platform, pipeline, and onshore production facility will be installed in the summer of 2014 with production commencing in the fall of 2014. Additional, near term objectives include discovering new resources in unexplored blocks and turning existing contingent resources into proven reserves while fully realizing available State of Alaska incentives. Furie’s longer-term objective is to provide steady returns to investors by exploiting proven and long lasting reservoirs.