88E 20.0% 0.2¢ 88 energy limited

Ann: Merlin-1 Testing Program Update, page-37

  1. 2,176 Posts.
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    The longer this takes the less credibility 88e maintain
    Merlin reached target depth 29/03/21 and the petrophysical results, are still pending 17 weeks later.
    Oil explorers have no reason to delay good results and every reason to sit and spin on poor ones

    Compare to the much deeper Charlie 1 campaign timeline
    Charlie 1 reached target depth 29/03/20, and the all important petrophysical results were out by 20/04/20, only 3 weeks later. How was this possible when Merlin is still pending 17 weeks later.

    Below is a table of information investors received ex Charlie 1, useful, timely and independent data
    Detail Third party petrophysical interpretation of the logs in the recently drilled Charlie-1 well has confirmed hydrocarbon pay in the Torok, Seabee and Kuparuk formations. These are detailed in the table below:
    88e Charlie net pay.PNG
 
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