88 Energy (88E) has announced that it has successfully contracted a rig to drill its fully funded Icewine #1 well in Alaska. The well is scheduled to spud in October 2015 and targets the potentially liquids-rich, unconventional shale play, HRZ. The three shale layers present at HRZ have been independently assessed by DeGoyler and MacNaughton (D&M) as containing 446mmbbls of prospective resource potential. Due to state rebates in place in Alaska, the group can obtain a rebate for 85% of th
11 Sep 2015
Rig contract executed for Icewine #1 well
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Rig contract executed for Icewine #1 well
88 Energy (88E) has announced that it has successfully contracted a rig to drill its fully funded Icewine #1 well in Alaska. The well is scheduled to spud in October 2015 and targets the potentially liquids-rich, unconventional shale play, HRZ. The three shale layers present at HRZ have been independently assessed by DeGoyler and MacNaughton (D&M) as containing 446mmbbls of prospective resource potential. Due to state rebates in place in Alaska, the group can obtain a rebate for 85% of th