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88 Energy updates on Icewine#2

04 July 2017 09:44

88 Energy said stimulation fluid continued to flowback naturally at Icewine#2 onshore North Slope of Alaska with ~15.3% of total stimulation fluid recovered to date.

It said a recent increase in salinity of the recovered fluid possibly indicated that some in-situ reservoir fluid was starting to flowback.

88 Energy said the forward plan remained unchanged and might include shut in for pressure build-up and soak and/or artificial lift to increase the rate of stimulation fluid recovery.

At 9:44am: (LON:88E) 88 Energy Ltd share price was -0.35p at 2.93p

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