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88E named high bidder for Alaskan acreage

ALASKA-focussed 88 Energy has been named a high bidder in the 2021 Coastal Plain Lease Sale for Tract 29, adjacent to its existing Yukon leases and the Point Thomson gas condensate field currently in production.

88E named high bidder for Alaskan acreage

The company said this morning the acquisition of the 23,446-acre leases was a logical step in the company's aggregation strategy for oil resources in its part of the North Slope, where existing infrastructure...

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