With regards to 2D seismic interpretation, the investor summary outlined the below:
•750km 2D seismic acquisition commenced March 2016
•Part funded via Bank of America Credit Facility (secured against 75% State of Alaska rebate)
•Completed in May 2016 – initial results expected in August 2016
Designed to:
•De-risk drilling of horizontal section at Icewine#2H
•Identify large conventional leads in areas high graded by regional play fairway mapping
Do we have an expectation around what defines as a "large conventional lead"?
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