Federal Govt awarding land to Alaska - court determination

Changing the nuance of discussion,

Any updates or thoughts on the decision (when likely to happen) of the Federal Court on awarding land leases to Alaska. Sounds of great financial benefit to 88E.


This decision when made could have a material effect on the Yukon Project.http://www.petroleumnews.com/pnads/848805406.shtml

"If the state is awarded the land, existing state leaseholders with undeveloped oil discoveries such as Jade Energy’s Sourdough prospect and 88 Energy’s Yukon Gold, thought to hold oil pools that cross under ANWR’s current border, would gain valuable real estate - real estate they won in state lease sales and were awarded with a caveat acknowledging the boundary dispute with the feds"

Bos