- 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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