Read this news CBS reports; "New discoveries in the Last Frontier!  

With Alaska's easy oil tapped long ago, the stage was set for wildcatters to take the baton from big oil. In the mid-2000s, surging oil prices and tax credits designed to stimulate new production provided the spark.
Colorado-based Armstrong Oil and Gas is exploring in the Colville River Delta, between the Kuparuk and Alpine field, the last major discovery in Alaska. A third-party assessment of the area determined they held about 500 million barrels of proven reserves, and 1.4 billion in probable reserves.

"I think it has the potential to be the single largest oilfield in North America," said Myers, though he cautioned he couldn't say so with certainty.

Despite stubbornly low oil prices, Armstrong president Bill Armstrong told Petroleum News in February that the company would accelerate development in its North Slope Pikka unit, along with minority partner Repsol of Spain."

Here is 40 years of free PFD money!