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.
88 Energy has been declared the highest bidder for select acreage offered as part of the North Slope Areawide 2022W Oil and Gas lease sale. The Company s new acreage will be known as Project Leonis and comprises 10 leases covering approx. 25,600 contiguous acres.
Willow construction on - October 30, 2022 petroleumnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from petroleumnews.com Daily Mail and Mail on Sunday newspapers.
SMALL CAP IDEA: Pantheon Resources dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
Shares in Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) and 88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) advanced this week as the former announced the start.