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US: 88 Energy provides operations update
19 Feb 2021
Highlights
Drilling scheduled to commence 1st week of March 2021
Nearby Talitha-A well early results encouraging - potential for extension into 88E leases
Details
88 Energy is pleased to confirm that mobilisation of Rig-111 to the Merlin-1 drilling location has commenced. Spud is now scheduled for the 1st week of March 2021 with drilling expected to take ~3-4 weeks, including logging. Dependent on the results from the logging, the well will then be flow tested.
Managing Director, Dave Wall, commented: Commencement of drilling at Merlin-1 is now just around the corner, targeting the extension of the highly successful Nanushuk play. Success would underpin a company making development project for our shareholders, with the proven resource at the recently acquired at Umiat Oil Field adding substantial value.