88E 0.00% 0.2¢ 88 energy limited

Oil shows at Icewine-1 December 4th, 2015 by finfeed, page-10

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    A full evaluation will be undertaken when the well reaches target depth.

    Dave Wall, managing director, said: “Results in the most recently drilled section provide encouragement for both the unconventional thermal maturity model as well as conventional potential at Project Icewine.”

    Oil shows with minor fluorescence and crush cut were also recorded.

    Drilling has just resumed again after a draw-works repair delay and the current section will be finalised shortly at around 10,490 feet.

    After that, 88 intends to run seven inch casing into its main HRZ shale target and start coring within the next week.
 
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