Newcomer Iona has eye on AlaskaCanadian-Scottish company got one high bid in Chukchi Sea lease, plans to pick up additional offshore acreage around the world Eric Lidji Petroleum News
At the historic lease sale on Feb. 6 for drilling rights to the Chukchi Sea, one company managed to raise eyebrows not for spending big bucks, but for showing up at all.
The Iona Energy Company (US) Ltd. bid nearly $8 million on 38 leases, often competing against multimillion dollar offers from Cono....
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Hoping to start acquiring leases
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