Yes there is conventional oil in play, but the primary target is the shale HRZ.
a quote from Icewine evaluation update (FEBRUARY 29, 2016)
Conventional play potential can be found at Project Icewine within the same Brookian petroleum system and shallow to the HRZ shale and includes high porosity channel and deep water turbiditic sands. The Brookian conventional play is proven on the North Slope; the USGS (2013) estimate the remaining oil potential to be 2.1 billion barrels just within the Brookian sequence. Additional conventional potential exists in the deeper Kuparuk sands and the Ivashuk Formation.
Yes there is conventional oil in play, but the primary target is...
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