it is 1 well...of which many will be needed to prove reserves...
the location is too remote and will require billions to develop or a farm in partner that would dilute 88e to bugger all
far better plays in ALaska ..this is expensive market cap here....if there is no flow this will be sub 1c...and based on 2D seismic and COS of 37% the market is way ahead of itself....great trading stock...not a sound investment
Ann: Operations Update, page-224
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