88 Energy Ltd
635 posts
88 Energy Ltd (ASX | AIM: 88E) is an exploration company currently exploring onshore Alaska in a prolific liquids-rich area.
Joined May 2014
- We are pleased to report that the mobilisation of our Arctic Fox rig is now complete, and the final phase of Merlin-2 pre-spud operations are on track. Read more: bit.ly/3K4ri2D $EEENF #88E #Alaska
- #88Energy's Operations Update. "Despite the operational issues that prevented obtaining a hydrocarbon sample from the two most prospective zones, the results from the Merlin-1 well are very encouraging for the potential at Project Peregrine" - Dave Wall. asx.com.au/asxpdf/2021040…
- We now hold 100% working interest in Project Peregrine, located on the North Slope of Alaska. See our latest announcement for the new capital structure of the Company. lnkd.in/gB86uAM #energy #88E
- We’ve had some great highlights this June quarter including full repayment of debt through the sale of Alaskan Oil and Gas Tax Credits and the completion of Merlin-1 drilling program back in April 2021. View our Quarterly Activities Report: lnkd.in/gJG28Ad #energy #88E
- Merlin-1 continues to demonstrate the presence of hydrocarbons. Phase Two of the geochemical analysis is underway and is designed to confirm not only the presence of oil, but also the nature of the source rock. clients3.weblink.com.au/pdf/88E/023950… #energy #88E #resources
- Drilling at Merlin-1 in 2021 has indicated evidence of hydrocarbons in all three primary Merlin-2 targets. We now look forward to drilling at Merlin-2 appraisal well in the first quarter of 2022 which is expected to target 652 million barrels of oil! clients3.weblink.com.au/pdf/88E/024596… #88E
- Reaching this exciting point in the Merlin-2 operations has been the result of months of preparation and planning… it’s an exciting time for the Company and our shareholders! youtu.be/7yxepYmgxlg via @YouTube
- Rigging up and testing for the Merlin-2 wireline logging program has commenced! As we announced earlier, cuttings samples revealed oil shows (under both white and ultraviolet light) over all target intervals (N18, N19, N20). youtu.be/sqjVrtNGa6g
- The Artic Fox rig spudded the Merlin-2 well on 7 March 2022. Allister Caird, 88 Energy’s Exploration Manager, has arrived on site and provided this unique view of the Merlin-2 operations from his arrival flight. youtube.com/watch?v=f9DBFk… #EEENF #88E #alaska







