First time I've seen a number for Alkaid-1
Great Bear has amassed a +500,000 acreage position to the immediate north of Icewine,
targeting conventional plays in these Brookian Turbidite fans and in the Ivishak and kuparuk sands.
To date, Great Bear has spent in excess of $150m on technical and field work including seismic acquisition, the drilling of the Alcor and Merak stratigraphic wells in 2012 and in 2015 commenced a 3-well campaign,making a discovery at Alkaid#1 in the Brookian sands. While testing is currently underway, the discovery is thought to be in the order of ~180mmbbls.
Great Bear, page-65
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