PPT Slide

• 70% working interest and Operator

• 10 state leases covering 14,000 acres

• Drilled 3 wells on NW Kuparuk prospect

• Encountered 2 oil-bearing sand sections

• Thick Jurassic-aged sands tested at sustained rate of 1,300 barrels per day

• Evaluating commerciality

Alaska – North Slope

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