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88 Energy awarded Project Leonis acreage in Alaska

88 Energy snares big Alaskan oil lease near Prudhoe Bay

Alaskan authorities have awarded 88 Energy the entire 10,291-square-kilometre Project Leonis lease area, south of the giant Prudhoe Bay oil field and north of its existing Phoenix operation and Hickory-1 well.

US: 88 Energy awarded Project Leonis acreage

88 Energy reports that the Alaskan Department of Natural Resources (DNR), Oil and Gas Division, has completed its adjudication process and formally issued award notices to Captivate Energy Alaska, Inc. (a wholly-owned subsidiary of the Company) covering the entire Project Leonis lease area.

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