Charlie-1 Confirms Large Condensate Discovery in Torok Formation88 Energy Limited ("88 Energy" or the “Company", ASX:88E, AIM 88E) provides the following update related to operations for the Charlie-1 appraisal well, on the North Slope of Alaska.Highlights• Condensate discovery confirmed in Torok Formation • Economic review underway to assess commercialityDetail88 Energy confirms that the Charlie-1 appraisal well has proved the presence of mobile hydrocarbons, in the form of condensate gas, in the Torok Formation in both the Middle Stellar and Lower Stellar targets. Hydrocarbons were successfully recovered to surface from both targets using a state-of-the- art downhole sampling tool (Ora). Further analysis to confirm the composition and gas to liquid ratio will now be undertaken. Upper Stellar was not tested due to the sub optimal location that it was intersected by the wel
Ann: Charlie-1 Confirms Large Condensate Discovery, page-3
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