Near Term Development | Central North Slope
Beechey Point Unit | Follow-On Exploration
- Over 250 Million Barrels of Resource Potential
- 53,000 Acre Unitized Leasehold Position
- 130 sq. mi. of New 3D Seismic Data
- 10+ Untested Mapped Triassic Fault Blocks
- 2 Cretaceous Strat Trap Prospects
- Multi-Year Drilling Program
East Bank Project
- 3 Proven Accumulations Provide the Nucleus for Development
- 4.5 Million Barrels of Reserves
- Portable Facilities; Adjacent to Common Carrier Pipeline
- 2,300 BOPD Average Production Over Five-Year Life; 4,400 Peak
- Under Two Years Until Payout
- Gravel Pad Permitting and Road Construction in 2011/2012
- Development Drilling in 2011/2012
- Facility Installation in 2012/2013
