Press

88 Energy - Rig Contract Executed for Drilling of Icewine#2

Posted by OilVoice Press - OilVoice

16-Feb-2017


88 Energy Limited ("88 Energy", "the Company", "Operator") (ASX, AIM: 88E) is pleased to provide an update on Project Icewine, located onshore North Slope of Alaska.

Highlights

  • Rig contract executed for drilling of Icewine#2 appraisal well
    • Doyon Drilling Inc's ("Doyon") Arctic Fox rig expected to mobilise to Icewine#2 location between 30thMarch - 30th April post completion of drilling on nearby acreage
  • Spud date revised from late Q1 2017 to early Q2 2017

Managing Director of 88 Energy Limited, Dave Wall commented: "We are delighted to be working with Doyon for the upcoming drilling of Icewine#2. The Arctic Fox is one of the premier rigs on the North Slope and will be coming to us 'warm' off its current job, which has several significant benefits.

As soon as the Arctic Fox finishes work associated with its current job, we will be ready to start mobilisation and rig up for Icewine#2. Spud is now scheduled for a few short weeks post our initial plan of late Q1 2017.

Additional details in relation to the Icewine#2 well will be released to the market in due course." 

Icewine#2 Progress Update 

On 16th February 2017, Accumulate Energy Alaska, Inc entered into a contract with Doyon Drilling Inc to utilise the drilling rig, Arctic Fox, for drilling of the Icewine#2 appraisal well.  The Arctic Fox is currently completing drilling operations on nearby acreage on the North Slope and is expected to mobilise to the Icewine#2 wellsite between 30th March and 30th April 2017, with spud to follow shortly thereafter.

88 EnergyProject Icewine

More items from oilvoice


Europa Oil & Gas (Holdings) plc Update on Holmwood Well, PEDL 143, Weald Basin

Europa Oil & Gas (Holdings) plc, the AIM traded Ireland and UK focused oil and gas exploration, development and production company, is pleased to provide a planning update regarding the Holmwood oil exploration prospect (‘Holmwood') on licence PEDL 143 at Bury Hill Wood, Coldharbour Lane, Surrey ...

OilVoice Press - OilVoice


Posted 22 hours agoPress > Europa Oil & GasHolmwood WellWeald Basin +4

Minor Gas Discovery and Dry Well Northwest of 7220/11-1 (Alta) in the Barents Sea – 7219/12-2 S and 7219/12-2 A

Lundin Norway AS, operator of production licence 533, is in the process of completing the drilling of wildcat wells 7219/12-2 S and 7219/12-2 A. The wells were drilled about 20 kilometres west of the discovery well 7220/11-1 (Alta) and about 50 kilometres southwest of the discovery well 7220/8-1 ...

OilVoice Press - OilVoice


Posted 22 hours agoPress > Lundin NorwayGas DiscoveryBarents Sea +2

Royal Dutch Shell plc Third Quarter 2017 Scrip Dividend Programme Reference Share Price

The Board of Royal Dutch Shell plc (“RDS”) today announced the Reference Share Price in respect of the third quarter interim dividend of 2017, which was announced on November 2, 2017 at $0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”) and $0.94 per American Depository Share ( ...

OilVoice Press - OilVoice


Posted 1 day agoPress > ShellDividendThird Quarter

Statoil: Dudgeon Offshore Wind Farm Officially Opened

Today, operator Statoil and partners Masdar and Statkraft officially opened the Dudgeon offshore wind farm in Great Yarmouth, UK. Since the investment decision was made in 2014, construction costs have been reduced by more than 15%, from GBP 1.5 billion to approximately GBP 1.25 billion. ...

OilVoice Press - OilVoice


Posted 1 day agoPress > Dudgeon Offshore Wind FarmUnited KingdomStatoil +3

ONGC Videsh Acquires 15% Interest in Eco Atlantic’s PEL 0030 “Cooper Block”, Offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V:EOG), is delighted to announce that ONGC Videsh, through its wholly owned subsidiary ONGC Videsh Vankorneft Pte. Ltd. (“OVVL”), has entered into agreement with Tullow Namibia Limited (“Tullow”) whereby OVVL will acquire a 15% working interest in the ...

OilVoice Press - OilVoice


Posted 1 day agoPress > ONGC VideshAcquisitionEco Atlantic +6
All posts from oilvoice