So far, DW has booked $40 million for drilling programs during 2019/20/21 on 88E leases in Alaska.
i would say, this is very effective and productive work.
The land area we are working is vast.
Even with high tech assistance it is a monumental task to find exactly correct drill locations.
Practice makes perfect. In the end we will crack it.
Peregrin will be 5th and 6th drills by 88E.
Yes, there is significant risk alongside potential significant gain.
If this is what you want, put your money on the table.
If the nature of 88E exploration is not your style, then move on.
Phrontist
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