Articles – News

As Trump signs GOP tax bill into law, ANWR and nearby oil discoveries on Alaska state lands come into focus

As Trump signs GOP tax bill into law, ANWR and nearby oil discoveries on Alaska state lands come into focus

“Six Sisters” oil wells mark the way to oil riches of ANWR, according to Donkel and Cade Bidding Group

When President Donald Trump signed the $1.5 trillion tax overhaul into law Dec. 22, a provision calling for oil and gas lease sales in the Arctic National Wildlife Refuge raised the profile of ANWR as well as adjacent oil discoveries that may extend from Alaska state lands into the refuge.
Independent Alaska oil and gas lease investors Daniel K. Donkel and Samuel H. Cade – owners of Donkel Oil and Gas LLC – hold one such block of Alaska state oil leases which surround the 1990 ARCO Stinson #1 well oil discovery along the northern margin of the ANWR 1002 Area.
The timing of the tax bill signing coincides with the release of a Donkel and Cade commissioned report on six arctic exploration wells that shed some light on what oil and gas explorers may expect to find below the surface of ANWR.
The “Six Sisters” well trend was reported by Geologist Dr. Robert B. Blodgett in a comparative core sample study of the Stinson #1 well, versus five other wells to the west situated along the Beaufort Sea coastline leading to ANWR.
“The Six Sisters well trend is the gateway into a better understanding of the petroleum resources of northwest ANWR,” Blodgett said. “The Six Sisters wells indicate the presence of two play horizons, consisting of a basal Tertiary play; and a lower Cambrian play.”
In the Tertiary play alone of the Stinson well, a 2010 third party engineering report suggested oil reserves of between 80 and 420 million barrels…. Read More at: http://www.prweb.com/releases/2017/12/prweb15042544.htm

Donkel and Cade Bidding Group Traces Giant Alaska Oil Discovery into ANWR

Donkel and Cade Bidding Group Traces Giant Alaska Oil Discovery into ANWR

Independent Alaska oil and gas lease investors Daniel K. Donkel and Samuel H. Cade won the rights to key leases of an oil discovery that may extend far into the Arctic National Wildlife Refuge.

Donkel and Cade – owners of Donkel Oil and Gas LLC – won seven of the 16 leases that received bids in the Alaska Beaufort Sea Areawide competitive oil and gas lease sale held Dec. 6 in Anchorage.  Read More at: http://www.prweb.com/releases/2017/12/prweb14992471.htm

Donkel evaluating North Slope acreage according to the Petroleum News

Donkel evaluating North Slope acreage according to the Petroleum News

Donkel evaluating North Slope acreage

Fresh from sale of Cook Inlet holdings, Dan Donkel has high bids of almost $1 million in Beaufort Sea, North Slope lease sales

Kay Cashman & Kristen Nelson

Petroleum News

In July Samuel H. Cade and Daniel K. Donkel (in partnership with others on some leases), sold 196,524 acres of Alaska state…Read More at: http://www.petroleumnews.com/pntruncate/219251472.shtml

 

PLEASE NOTE:

ALL OIL AND GAS LEASES OWNED BY DANIEL DONKEL AND SAMUEL CADE ARE UNDER CONTRACT AND EXPECTED TO CLOSE APRIL 1, 2019.  IF CLOSING DOES NOT OCCUR AS OF MAY 1, 2019, ALL NORTH SLOPE LEASES MAY BE AVAILABLE.

DANIEL DONKEL AND SAMUEL CADE HAVE APPROXIMATELY 18,000 ACRES AVAILABLE IN THE HOUSTON/WILLOW  STATE OF ALASKA EXPLORATION LICENSE LOCATED IN THE COOK INLET BASIN.

Contact Form