Last week, 88 Energy provided an update on the Charlie-1 appraisal well in which the Company announced the execution of a rig contract with Nordic Callista Services, for Rig-3, the same rig 88 Energy used to drill the Winx-1 exploration well in March 2019. Permitting is proceeding as planned, with drilling scheduled to commence in February 2020. The Charlie-1 appraisal well will be fully funded (up to a cap of US$23m) by Premier Oil as part of the recent farmout agreement, and will target seven ....
05 Nov 2019
Cenkos: 88 Energy Ltd-- Charlie-1 Update and Quarterly Report
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Cenkos: 88 Energy Ltd-- Charlie-1 Update and Quarterly Report
88 Energy Limited (88E:LON) | 0.2 0 2.4% | Mkt Cap: 54.0m
- Published:
05 Nov 2019 -
Author:
James McCormack -
Pages:
6
Last week, 88 Energy provided an update on the Charlie-1 appraisal well in which the Company announced the execution of a rig contract with Nordic Callista Services, for Rig-3, the same rig 88 Energy used to drill the Winx-1 exploration well in March 2019. Permitting is proceeding as planned, with drilling scheduled to commence in February 2020. The Charlie-1 appraisal well will be fully funded (up to a cap of US$23m) by Premier Oil as part of the recent farmout agreement, and will target seven ....