Well the Winx drilling is underway but hold onto your hats as it is frontier country in Alaska.
Winx-1 is located approximately 4 miles east of the Horseshoe-1/1A well that significantly extendedthe highly successful Nanushuk play fairway to the south. Winx-1 will target gross best estimateprospective resource of 400 million barrels of oil (75 million barrels Otto’s 18.75% net revenueinterest) across multiple stacked objectives, including the Nanushuk Formation, which is the primarytarget of the well.
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