ELIXIR Petroleum has executed it agreements with Alaskan authorities for acceptance of the ten leases offered made up of 114,167 acres in the Nanushuk oil play fairway. The area is home to fellow Australians Oil Search and an Otto Energy-led joint venture, which spudded the Winx-1 well over the weekend.
Another ASX-listed junior moves to the North Slope neighbourhood
Elixir picked up the leases in the 2018 National Petroleum Reserve-Alaska lease sale and must now pay US$1.25 million for the areas by February 26. The money paid will be repaid by Entek Energy...
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