(MENAFN- ProactiveInvestors)
(ASX:88E LON:88E) has been granted a trading halt by the ASX pending details of a capital raising.
The company is now focussed on the Central North Slope of Alaska with dual conventional and unconventional liquids-rich objectives.
This includes a 87.5% Working Interest and Operator on 98182 gross contiguous acres onshore.
The halt will remain in place until the opening of trade on Wednesday 22nd July 2015 or earlier if an announcement is made to the market.
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