88 Energy has announced positive operational updates in relation to the Hickory-1 well and Project Leonis. Preliminary analysis of the petrophysical data at the Hickory-1 well indicates that the prospective zones to be tested as part of a 2023/24 flow testing programme are all expected to flow hydrocarbons based on reservoir characteristics. This analysis also indicates that the reservoirs are likely to be in the oil maturity window. At Project Leonis, seismic reprocessing of the existing 3D sei ....

27 Jun 2023
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Cenkos: 88 Energy Ltd -- Active Across the Portfolio
88 Energy Limited (88E:LON) | 0.1 0 0.0% | Mkt Cap: 0.67m
- Published:
27 Jun 2023 -
Author:
James McCormack -
Pages:
4 -
88 Energy has announced positive operational updates in relation to the Hickory-1 well and Project Leonis. Preliminary analysis of the petrophysical data at the Hickory-1 well indicates that the prospective zones to be tested as part of a 2023/24 flow testing programme are all expected to flow hydrocarbons based on reservoir characteristics. This analysis also indicates that the reservoirs are likely to be in the oil maturity window. At Project Leonis, seismic reprocessing of the existing 3D sei ....