Polar Petroleum picks up leasesThe independent is buying 17 North Slope leases from Donkel, Cade and must drill a well within two years; company new to oil Eric Lidji For Petroleum News
A pair of longtime players in the Alaska oil industry has sold a selection of its North Slope oil prospects to a newly formed independent called Polar Petroleum Corp.
The Alaska-based company recently purchased 17 leases totaling some 46,399 acres in the Franklin Bluffs and Hemi Springs regions of t....
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New to oil industry
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