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...
88E Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
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