652 million barrel oil drilling event starts early March
Next Investors Feb 22, 2022
With the oil price now trading near five year highs at US$92/barrel, we think it's a pretty good time for 88E to be drilling for a potentially large oil discovery. 88E’s much anticipated Merlin-2 appraisal well is on track to be spudded early next month.
88E Drill Rig Contracted - The Merlin-2 drilling event awaits…
Next Investors Nov 04, 2021
News last week was that 88 Energy's (ASX:88E) drill rig has been contracted - another step in the journey towards the spudding of the Merlin-2 well. 88E’s Merlin-2 well is targeting 652 million barrels with a geological chance of success of 56%.
88E’s drilling ‘sequel’ to deliver a blockbuster result?
Next Investors Sep 23, 2021
After the success of the Merlin-1 well earlier this year, where light oil was detected across three horizons, 88E is preparing to drill a follow up well to get a better understanding of just how much oil it could be sitting on.
88 Energy to assume total control of Project Peregrine
Finfeed Archived Jun 07, 2021
88 Energy Limited (ASX:88E; AIM:88E; OTC:EEENF) has entered into an agreement with Alaska Peregrine Development Company, LLC (APDC) that will facilitate continuation of the exploration program at Project Peregrine next winter.
88E reports encouraging evidence of oil in downhole samples
Finfeed Archived May 25, 2021
88 Energy (ASX: 88E | OTC: EEENF) recently received and finalised its review of a report related to its downhole sampling program, undertaken during the logging of the Merlin-1 well. Encouraging evidence of oil in downhole samples are now being investigated in laboratory.
Merlin-1 presents its challenges but a wildcard emerges for 88 Energy
Finfeed Archived Apr 06, 2021
8 Energy Limited (ASX: 88E, AIM: 88E, OTC: EEENF) has provided an update in relation to its operations in the NPR-A region of the North Slope of Alaska with initial petrophysical interpretation data indicating several potential pay zones in Merlin-1.