I think these comments from Dave Wall say it all..
“The Western Block transaction represents a significant opportunity for 88E shareholders to gain exposure to one of the most prospective oil plays available globally, complementing our existing conventional portfolio on the North Slope,” said David Wall, managing director of 88 Energy, referring to the block of four leases.
Ann: Otto to Drill 400 MMbbl Nanushuk Oil Prospect in Alaska, page-106
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