88 Energy has announced the spudding of the Charlie-1 appraisal well, onshore Alaska. The well is targeting seven conventional stacked targets with combined gross prospective resources of c1.6bnbbls (480mmbbls net). 88 Energy is fully carried by partner Premier Oil, up to a cap of US$23m, with the well expected to take c30 days to drill and log. If successful, 88 Energy will conduct up to two production tests, with each test estimated to take c14 days.
Last week, 88 Energy published its 2019 an ....

04 Mar 2020
Cenkos: 88 Energy Ltd -- Drilling Commences

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Cenkos: 88 Energy Ltd -- Drilling Commences
88 Energy Limited (88E:LON) | 1.0 0 0.0% | Mkt Cap: 12.2m
- Published:
04 Mar 2020 -
Author:
James McCormack -
Pages:
8 -
88 Energy has announced the spudding of the Charlie-1 appraisal well, onshore Alaska. The well is targeting seven conventional stacked targets with combined gross prospective resources of c1.6bnbbls (480mmbbls net). 88 Energy is fully carried by partner Premier Oil, up to a cap of US$23m, with the well expected to take c30 days to drill and log. If successful, 88 Energy will conduct up to two production tests, with each test estimated to take c14 days.
Last week, 88 Energy published its 2019 an ....