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EXPLORATION

Linc in great Alaskan adventure

LINC Energy has moved to acquire a controlling interest in the "cornerstone" Umiat oil field in Alaska for $50 million.

James McGrath
Linc in great Alaskan adventure

The company will gain the controlling stake through the purchase of an 84.5% interest in Renaissance Umiat LLC, which has a 100% working interest and 80% net revenue interest in the field. The Umiat...

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