88 Energy has been named as the high bidder on Tract 29 in the 2021 Coastal Plain Lease Sale, onshore Alaska. Tract 29 lies immediately to the east and adjacent to 88E's existing Yukon Leases as well as the ExxonMobil operated Point Thomson gas condensate field. The tract is considered highly prospective, with evidence of the existing discoveries to the west extending into the area. 88 Energy has also announced the acquisition of the c124mmbbls Umiat oil field. Umiat was discovered in 1946 and i ....
12 Jan 2021
Cenkos: 88 Energy Ltd -- Tract 29 and Umiat Acquisition
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Cenkos: 88 Energy Ltd -- Tract 29 and Umiat Acquisition
88 Energy Limited (88E:LON) | 0.2 0 (-1.5%) | Mkt Cap: 42.1m
- Published:
12 Jan 2021 -
Author:
James McCormack -
Pages:
8
88 Energy has been named as the high bidder on Tract 29 in the 2021 Coastal Plain Lease Sale, onshore Alaska. Tract 29 lies immediately to the east and adjacent to 88E's existing Yukon Leases as well as the ExxonMobil operated Point Thomson gas condensate field. The tract is considered highly prospective, with evidence of the existing discoveries to the west extending into the area. 88 Energy has also announced the acquisition of the c124mmbbls Umiat oil field. Umiat was discovered in 1946 and i ....