Ann: Icewine 2 - Drilling Remains on Schedule, page-3

88 Energy Limited Icewine#2 Drilling Remains on Schedule 88 Energy Limited (“88 Energy”, “the Company”, “Operator”) (ASX, AIM: 88E) is pleased to provide an update on Project Icewine, located onshore North Slope of Alaska.
Highlights • Icewine#2 drilling operations remain on schedule and without incident •
Intermediate hole complete – setting of intermediate casing underway Icewine#2 Drilling on Schedule Following the spud of the Icewine#2 Production Test well on 24th April, the Arctic Fox drilling rig has completed drilling the intermediate hole, reaching a depth of 10,715 feet at 08:51 8th May (AK time).

Intermediate casing is now being cemented prior to planned drilling of the production interval, down to ~11,400 feet, over the weekend. Production testing remains on schedule for late June / early July. Further updates will be made as and when appropriate throughout the drilling / testing program.

Laters...