26/10/2021 - 17:02

88 Energy to drill 652m barrel oil target in Alaska

26/10/2021 - 17:02

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88 Energy looks set to tap its Merlin-2 well that it says is prospective for some 652 million barrels of oil, after inking a deal with Doyon Drilling to use the company’s Arctic Fox rig to test the well at its Project Peregrine in the North Slope of Alaska. The company says the appraisal well has been independently assessed to have a geological success rate of 56 per cent.

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