The western portion of the company’s Yukon leases of 14,194 acres was the target of a vintage oil discovery made in 1993/1994, identifying good quality sand saturated with oil.
“We now also have 3D seismic at the Yukon leases and have identified over 80 million barrels of oil potential. Recently commissioned nearby infrastructure also means that the economics for a field this size now look very robust.
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