Ann: 1.6 Billion bbls Of Prospective Resource, page-173

Well check it out! Look at all the money flowing out of 88E into XCD and so it should.
XCD has over 700,000,000 shares, 88E has over 7,000,000,000 (seven BILLION) or ten times more with a paltry cash balance of over $10M or roughly just over a tenth of a cent! XCD has an unblemished record unlike 88E - 4 dud wells in a row!
XCD is looking to drill next year and repeat the success of OSH who scored 3 winning wells out of 3 on Alaskas north slope. Trust me, the oil is there (OSH proves it) but 88E were in the wrong spot.
If you want Alaskan oil exposure this is the place to be.