Spinefx,
What caused you to believe there is no Farm Out?
26th June 2019 88E published announcement clearly and unambiguously indicated the Farm out Agreement was in the final formalities stage.
88 Energy LimitedProject Icewine Conventional Farmout Update88 Energy Limited (ASX: 88E) (“88 Energy” or the “Company”) provides the following update relatedto the farmout process for its conventional prospect portfolio at Project Icewine, located on the CentralNorth Slope, Alaska.
Highlights• Farminee internal approvals complete, including Board sign-off•
Farm-out deal now subject to:
- execution of closing documents
- standard conditions precedent, mainly related to transfer of working interests•
Well planning and permitting required for 2020 drilling now ramping upAdditional details will be provided post signing.
Yours faithfully
Dave WallManaging Director88 Energy Ltd
The most recent announcement Q2 is constrained to activities that occurred in Q2.
Farm out announcement imminent.
Bos
LSE tonight, page-11139
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