88 Energy has published its Q1/22 report. During the period, 88 Energy drilled the Merlin-2 appraisal well. All three Nanushuk targets were penetrated while drilling, with elevated mud gas readings and oil shows noted in cuttings; however, wireline logging of the Merlin-2 well indicated that the reservoir quality was insufficient to warrant a production test and the MDT tool was unable to obtain fluid samples due to the tightness of the formation at this location. The results were largely consis ....
