re four leases19 Mar 2019 08:38
Below is reference to RMP's involvement in four leases in the Alaska play taken from the RNS of February 14. So I dispute that it is game over and there is nothing else to play for.
If I am incorrect, please provide information that after Winx1, we have no further involvement in Alaska.
(ix) In respect to the prospective resources referred to in this announcement, Red Emperor's working interest in the four leases (ADL#s 391718, 391719, 319720 and 391721), totalling 22,711 acres all of which are located on the North Slope, Alaska, USA will be 31.5% upon completion of the transaction. (x) The prospective resources have been estimated on the following basis: the best estimate prospective recoverable resource calculation was based on a consideration of offset well information and seismic expression; a combination of volumetric assessment and field analogues have been used to estimate the prospective resources; exploration drilling will be required to assess these resources.