88 Energy: Alaska North Slope Assets Positioning Strategy Pays Off

Alaska Central North Slope: Multiple High Quality Assets in Portfolio

  • 88E Operator/Manager on 4 active Exploration Projects across 355,000 net acres

  • Game changing near-term activity: drilling imminent (Winx -1Q19); two farm-outs pending (Icewine Conventional - 2H18, HRZ - 1H19) and 3D results (Cascade - 4Q18)

Icewine* : Large Conventional Prospect Portfolio – 1.75 Billion Barrels Oil Net to 88E#

  • Multiple stacked prospects mapped on modern 3D seismic - farm-out targeted 2H18

  • Seismic inversion highlighting new potential and de-risking reservoir for proven oil

Western Blocks: 400 MMBO Prospect (144 MMBO Net to 88E) to be Drilled in 1Q2019

  • Winx Prospect generated on 3D seismic, adjacent to Horseshoe#1 Oil Discovery (Nanushuk)

Yukon Leases: Existing Discovery – Processing of 3D Seismic Underway

  • 100% owned by 88E, initial results from fast-track processing highly encouraging

  • Initial volumetric evaluation on schedule for 4Q18

Icewine* : HRZ Liquids Rich Resource Play – 0.8-2.0 Billion Barrels Liquids**

  • De-risked by core/log analysis from Icewine#1 and successful stimulation of Icewine#2
  • Integration of Icewine#2 results underway – farm-out targeted 1H19

** Net Mean Prospective Resource based on 271,000 gross acres, #Net Mean Prospective Resource

New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

88 EnergyAlaskaAlaska North SlopeUnited StatesIcewineProject Icewineonshore

More items from oilvoice

Cyber Security Experts Unite to Protect Europe’s Critical Industries

CS4CA Summit Returns to London this October Staying abreast of fast-paced industry developments is crucial for cyber security professionals. And while one can learn a lot from publications and social media, it's hard to beat the value of insights gained first-hand from peers. This is why 150+ IT ...

OilVoice Press - OilVoice

Posted 1 year agoPress > cybereurope

Africa E&P Summit

The organisers of the Africa E&P Summit are bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending frontier's event that they are organising and hosting in London at the IET: Savoy Place, 22-23 May. Over 200 key senior exec ...

OilVoice Press - OilVoice

Posted 1 year agoPress > Africasummitoil summit +2

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice

Posted 1 year agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice

Posted 1 year agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice

Posted 1 year agoPress > CNOOCChina National Offshore Oil CorporationChevron +11
All posts from oilvoice