Accumulate (88 Energy sub) has agreed to acquire a 69.1% interest in 23 Great Bear Petroleum leases on the North Slope adjacent to its Icewine project for USD 206,388 cash. The company also obtained an oil & gas lease with the Arctic Slope Regional Corporation (ASRC) on 5 blocks west of the Icewine project on the Central North Slope.
Accumulate (88 Energy sub) has agreed to acquire a 69.1% interest in 23 Great Bear Petroleum leases on the North Slope adjacent to its Icewine project for USD 206,388 cash. The company also obtained an oil & gas lease with the Arctic Slope Regional Corporation (ASRC) on 5 blocks west of the Icewine project on the Central North Slope.