Exploration drilling is typically done in the winter on the North Slope so that companies can move heavy equipment overland over ice and snow roads.
The equipment is already onsite. building the ice road and pad took RMP three weeks, they may have time to do another before removing their equipment offsite, there is confirmed oil in that area and they have newly acquired data. Fingers crossed. we may have another announcement soon.
RMP Price at posting:
2.1¢ Sentiment: None Disclosure: Held
