XCD Energy holds a 100% Working Interest in 149,590 acres in the highly prospective Alaskan North Slope nearby to existing exploration and appraisal activities. The Company is pursuing the Nanushuk and Torok oil plays in what is one of the world’s most exciting yet already proven, new oil exploration hot spots.

Why Alaskan North Slope?

  • One of the worlds Super Basins
  • Basin has produced >16 billion of barrels to date
  • Estimates of 28 billion barrels of remaining resources
  • Recent discoveries of >1 billion barrels of conventional oil
  • Excellent fiscal regime and stable political climate supportive of oil and gas exploration
  • Oil and gas majors have established presence in the North Slope