3rd March 2020 88 Energy Limited Operations Update 88 Energy...

3rd March 2020
88 Energy Limited Operations Update 88 Energy Limited ("88 Energy" or the “Company", ASX:88E, AIM 88E) is pleased to provide the following update related to operations for the currently drilling Charlie-1 appraisal well, on the North Slope of Alaska.
Highlights
• Charlie-1 appraisal well drilling commenced Detail 88 Energy confirms that the Charlie-1 appraisal well commenced drilling at 0600 on the 2nd March 2020, Alaska time. For further details please see the latest corporate presentation available on the Company website.

Managing Director of 88 Energy, Dave Wall, stated: "The Charlie-1 well has been four years in the making for 88 Energy, beginning in 2016 when we first acquired 2D seismic over our Project Icewine acreage. Since that time, the Company has reprocessed legacy 2D seismic (2017), undertaken a targeted acreage expansion and then shot modern 3D seismic (2018) before farming down (2019). A prospect of this calibre in a frontier region requires significant time and effort to come to fruition and we are optimistic that success is just around the corner.”