Preparations are on-track for the spud of the Merlin-2 appraisal well in February 2022. The Merlin-2 appraisal well is targeting 652mmbbls of unrisked prospective resources, making it one of the largest onshore prospects to be drilled anywhere globally in 2022. Situated downdip of the successful Merlin-1 well, the Merlin-2 well is expected to encounter thicker reservoir sections and high permeability/porosity sands, with a 56% geological chance of success. A key objective of the Merlin-2 well is ....
07 Dec 2021
Cenkos: 88 Energy Ltd -- One of the Biggest Targets of 2022
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Cenkos: 88 Energy Ltd -- One of the Biggest Targets of 2022
88 Energy Limited (88E:LON) | 0.2 0 4.7% | Mkt Cap: 56.5m
- Published:
07 Dec 2021 -
Author:
James McCormack -
Pages:
7
Preparations are on-track for the spud of the Merlin-2 appraisal well in February 2022. The Merlin-2 appraisal well is targeting 652mmbbls of unrisked prospective resources, making it one of the largest onshore prospects to be drilled anywhere globally in 2022. Situated downdip of the successful Merlin-1 well, the Merlin-2 well is expected to encounter thicker reservoir sections and high permeability/porosity sands, with a 56% geological chance of success. A key objective of the Merlin-2 well is ....