88 Energy Limited updates on drilling of the Charlie-1 appraisal well- November 27, 2019

  • Nov 27, 2019 GMT
  • Team Kalkine
  • 88 Energy Limited (LON: 88E) has released an update related to the upcoming drilling of the Charlie-1 appraisal well at Project Icewine.
  • The company has reported that all conditions precedent to the farm-out agreement between it and Premier and Burgundy Xploration, signed in August 2019, were satisfied, following which the execution of the final agreements took place on 26th November 2019.
  • It also reported that the Plan of Operations for the Charlie-1 appraisal well was approved on 22nd November by the Alaska Department of Natural Resources.

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