Yesterday 88E announced a preferred bidder for their Peregrine Project Farmout, targeting mean 1.6 billion brls across 3 prospects.
Will be interesting to see what terms they get.
Managing Director of 88 Energy, Dave Wall, stated: "The strong interest shown in the imminent drilling program at Project Peregrine is both a testament to the quality of the opportunity and the hard work done by the 88E team over the last few months. We look forward to working with the preferred bidder to close the transaction and get going on the drill program.”
LINK
Talitha-Alaska, page-195
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