Carone Petroleum wants to double down on drilling
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By Stephen Nellis Friday, January 20th, 2012
An independent operator in the oil-rich Santa Barbara channel is looking to potentially double its producing wells by drilling from a platform in federal waters into a state oil lease. Carpinteria-based Carone Petroleum operates platforms Houchin and Hogan though its operating arm, Pacific Operators Offshore. It wants to drill as many as 25 new wells…
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