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Perth-based 88 Energy has bolstered its 100 per cent-owned Peregrine oil project in Alaska, adding two new reservoir intervals to its Harrier prospect, with 180.1 million barrels of oil as a best estimate.
88 Energy has provided an update for the quarter ended 30 September 2022 related to its operations in the NPR-A region of the North Slope of Alaska.
The Merlin prospect was estimated a year ago to possibly host some 645mln barrels of oil and it will be tested in the coming weeks