We are a stand-alone project that is committed to exploring Umiat and working with the surrounding communities to provide job opportunities and to assist in protection of their subsistence way of life.
Linc Energy acquired the Umiat leases from Renaissance Alaska in July 2011. We began our permitting process in October 2011 with an ambitious plan to drill 5 wells over the 2011-12 winter season. However, due to the unavailability of the preferred drilling rig and a delayed program start caused by a lack of snow needed to construct a snow road, Linc chose to defer this program to the 2012-13 seasons. Linc Energy has contracted to use Kuukpik drilling rig No. 5 for the 2012-2013 season. Our activities will include building a snow road to Umiat, drilling up to 5 wells, collecting core samples for reservoir analysis, and flow testing. Linc will utilize the data collected in our ongoing evaluation of the viability of a commercial development project at Umiat.