88 Energy and partners have signed definitive agreements to acquire most of Great Bearâs working interest in the Western Blocks (ADLs 391718, 391719, 319720 + 391721) on the Alaska North Slope, which hold 400 MMbbl gross prospective recoverable resources analogue to the Horseshoe-1/1A discovery, in exchange for drilling a commitment well by 31 May 19. 88 Energy (op), partners Otto + Red Emperor, Great Bear 10% carried. In other North Slope news, a data room related to farm-out of both the conventional and unconventional prospectivity at Project Icewine has now been formally opened.
88 Energy and partners have signed definitive agreements to acquire most of Great Bearâs working interest in the Western Blocks (ADLs 391718, 391719, 319720 + 391721) on the Alaska North Slope, which hold 400 MMbbl gross prospective recoverable resources analogue to the Horseshoe-1/1A discovery,