88 Energy has quickly escalated its chase for a lucrative 647 million barrels of oil by tapping into the giant Alaska North Slope basin with drills intersecting three primary reservoirs at its Hickory-1 well.
Then presidential candidate Joe Biden pledged repeatedly to “end fossil fuel.” And he ran as the most anti-energy candidate in our history.
Then once he was in office, he canceled the Keystone XL pipeline on his first day in office. He also canceled oil leases on millions of acres of land designated for energy exploration.
Biden even threatened energy companies with a windfall profits tax and compared them to war profiteers
The Alaska Oil and Gas Conservation Commission will issue a report on the leak that could include enforcement measures, but the chair of the commission said there’s no timeline for the report’s release.
Pantheon Resources, the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 153,000 acres on the Alaska North Slope, confirms that following the Company s AGM, a shareholder presentation/webinar will be held. The presentation includes certain information not previously disclosed.