US: 88 Energy provides operations update
06 Jan 2021
Highlights
Rig 111 commission underway
Drilling on neighbouring acreage January 2021
Commercialisation options being explored for gas discovered at Project Icewine
Project Peregrine
Merlin-1 well at 88 Energy s
Project Peregrine. Merlin-1 will target the Nanushuk topset play that has been recently successful in offset acreage as well as elsewhere on the North Slope of Alaska. Schedule permitting, the
Harrier-1 well will be drilled directly after Merlin-1 has been completed and, potentially, flow tested.
Snow road construction to the Merlin-1 and Harrier-1 locations commenced in the second half of December 2020, with work currently focused on the first 30 miles of snow road within NPR-A.
Share price
6 January 2021 | 09:39am
StockMarketWire.com - 88 Energy said it was on track to spud the Merlin-1 well at its peregrine project on the North Slope of Alaska.
Snow road construction to the Merlin-1 and Harrier-1 locations commenced in the second half of December 2020, with work currently focused on the first 30 miles of snow road within NPR-A, the company said.
All American Oilfield s rig 111 was currently being re-assembled post deconstruction as part of the commissioning process prior to handover and mobilisation to the site, it added.
The company also said it was mulling commercialisation options for gas discovered at project Icewine, with the Talitha-A well scheduled to spud in the first half of January 2021.