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Forte Energy Secures 143,000 Acres in Alaska, Eyes Billion-Barrel Harrier Prospect

9:44am on Friday 13th of March, 2026 AEDT Energy
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Forte Energy Secures 143,000 Acres in Alaska, Eyes Billion-Barrel Harrier Prospect

9:44am on Friday 13th of March, 2026 AEDT
Key Points
  • Acquisition of 143,368 acres of oil leases in Alaska finalised
  • 2026 lease fees suspended by Bureau of Land Management, saving ~US$430,000
  • Technical studies commenced on Harrier Prospect with over 1 billion barrels potential
  • New evaluations planned for Umiat oil field to assess commercial viability
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