We currently hold 18,000 acres (onshore) of highly prospective acres in the Cook Inlet basin of Alaska. The Leases are on trend with, and in proximity to, existing producing fields and infrastructure which will facilitate relatively quick revenue generation. The leases can be divided into four separate prospects; each of which have multiple conventional target sands for oil and gas. The leases also have unconventional resource potential. Natural gas prices in excess of $6/Mcf and State sponsored drilling incentives greatly enhance the economics of the project. Third party evaluations are available. Permitting, engineering and planning are well underway in anticipation of drilling 3Q and 4Q 2016.

Posted Jun 1, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.