Miller Energy Resources Signs Farmout Agreements with Hilcorp Alaska

Miller Energy Resources (“Miller”)

announced today that its wholly-owned Alaskan subsidiary, Cook Inlet Energy, LLC (CIE) signed two agreements with Hilcorp Alaska, LLC to acquire Hilcorp's 30% interest in two leases covering a pair of oil and gas prospects on the west side of Alaska's Cook Inlet. CIE previously held a 70% working interest in both leases, and the acquisition will add 504 net acres to CIE's holdings upon fulfillment of the requirements in the farmout agreements.