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Drilling Reports

88 Energy granted permit to drill Icewine#2

07 April 2017 09:17

88 Energy has confirmed that a permit for the drilling of Icewine#2 has been granted by the Alaska Oil and Gas Conservation Commission.

88 Energy said all permits required to spud the Icewine#2 production test well were now complete.

Managing director Dave Wall said: "The Accumulate Energy Alaska team has done a great job, in conjunction with the regulatory agencies in Alaska, in ensuring that all components will be in place for spud of Icewine#2 prior to the end of April.

"We look forward to bringing together the team of employees, vendors and consultants to successfully execute the well over the coming weeks."

At 9:17am: (LON:88E) 88 Energy Ltd share price was +0.08p at 2.73p

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