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88 Energy formally awarded Leonis acreage

AUSTRALIAN based 88 Energy has been successful in acquiring further acreage in the North Slope oil province of Alaska, beating other bidders in the state's land auction for 25,430 acres across 10 leases at what it now calls the Leonis project.

88 Energy formally awarded Leonis acreage

The company told shareholders this week the Alaskan Department of Natural Resources had formally granted the Leonis project acreage based on an extensive work program plan.  The area is close to infrastructure...

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