$11BN giant Oil Search (ASX: OSH) made a significant play this week when it moved to acquire world class oil assets in the prolific Alaskan North Slope – just the region 88 Energy (LON | ASX: 88E) has been exploring recently.
Oil Drilling in Weeks: Multi-Hundred Million Barrel Potential
88 Energy (AIM:88E | ASX:88E) is to start drilling a well in a potential new play which could host hundreds of millions of recoverable oil.