Hey Fri,
Doubt there will be any drilling this coming summer, they would need to raise more than the MC of the company to get it done and overcome any environmental and governmental concerns.
Highly unlikely.
I understand they are looking at a seismic acquisition and possibly entertaining a Farm-out around that, my guess would be a couple of years minimum before the leases will see any action.
Cheers
Ann: Initial Nanushuk Lead Mapped, page-42
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