88 Energy - Ultra High Impact Drilling Q1 2020 Next Oil Rush – 24 Feb 20 88 Energy’s Drill Rig is Now on its Way to Drill One of the Biggest Wells of... The Nordic Calista Rig-3 has been mobilised and is now barrelling down Alaska’s Dalton Highway from Deadhorse to Mile 386 en route to its final destination at 88E’s Project Icewine. 88 Energy’s Drill Rig is Now on its Way to Drill One of the Biggest Wells of 2020 PUBLISHED: 24-02-2020 88 Energy Ltd (AIM| ASX:88E) is now just days away from the highly anticipated spudding of the Charlie-1 well on the North Slope of Alaska. The Nordic Calista Rig-3 has been mobilised and is now barrelling down Alaska’s Dalton Highway from…
88 Energy - Ultra High Impact Drilling Q1 2020 Very good new presentation for Feb 2020 clients3.weblink.com.au 02205507.pdf 7.37 MB .
88 Energy - Ultra High Impact Drilling Q1 2020 Just to confirm the rig move schedule on the highway, will be complete today. On Saturday, Feb. 22, at 4 a.m., Accumulate Energy Alaska, Inc., in partnership with Cruz Construction and Nordic, will begin moving a large drill rig on the Dalton Highway from Deadhorse to mile 386. The move is anticipated to last through Sunday, Feb. 23, at 9 a.m. Traffic will not be able to pass the drill rig during the move. The rig is large enough that it requires both lanes of the highway to travel and it will be traveling at low speeds. Drivers should anticipate lengthy delays. Road closures will be established during the move to control traffic. Over the two day move, the drill rig will pull into pullouts in three locations and waiting traffic will be permitted to travel through. These are the locations and anticipated times: Depart Deadhorse at 4 a.m., Saturday, Feb. 22 Pullout at mile 412.7, road open from 7 a.m. – 100 a.m., Saturday, Feb. 22 Pullout at mile 404.9, road open from 5 – 6:30 p.m., Saturday, Feb. 22 Pullout at mile 400.9, road open from 9:30 – 11 p.m., Saturday, Feb. 22 Open road at mile 386.7, 9 a.m., Sunday, Feb. 23 Moving the drill rig from the pullout at mile 400.9 to mile 386 will require a road closure lasting approximately 10 hours. This is the longest continuous closure. Mats will be utilized on the highway to protect infrastructure and emergency access is being coordinated with first responders. The drill rig will return to Deadhorse in mid-April, the return trip will also impact traffic. As soon as dates of the return trip are finalized they will be announced. The move schedule may be impacted by weather. For more information, please contact Tony Lamping, Cruz Construction at [email protected] or call 907-841-8006.
88 Energy - Ultra High Impact Drilling Q1 2020 Energy Voice – 12 Feb 20 88 Energy just weeks out from drilling 1.6B barrel Alaskan oil target - News for... Dual listed junior oil explorer 88 Energy Limited (AIM: 88E | ASX: 88E) is just weeks away from spudding its Charlie-1 appraisal well at Project Icewine on the North Slope of Alaska. ,
88 Energy - Ultra High Impact Drilling Q1 2020 Latest Cenkos update on 88E released today: Upload Files Upload files for free - Cenkos_88E_Feb_20.pdf - Uploadfiles.io Upload files, for free, securely, anonymously, without limits. @UploadFilesFree .
88 Energy - Ultra High Impact Drilling Q1 2020 Final permit to drill… Spud now just a couple of weeks away. [link] .
88 Energy - Ultra High Impact Drilling Q1 2020 Traffic events was updated yesterday (10th Feb 2020) and still showing the planned shutdown of the road for the rig move from 15th to 17th Feb). [link] So looks like all is still going as planned - should mean an RNS is coming Monday 17th Feb at the very latest to say Rig Move underway. Might get an RNS this week to say Ice Road complete and rig move over the weekend.
88 Energy - Ultra High Impact Drilling Q1 2020 Things about to liven up on the 88E Yukon Gold area ? [link] .
88 Energy - Ultra High Impact Drilling Q1 2020 Interesting read : Alaska Business Magazine – 21 Jan 20 Changing Players in Evolving Oil Fields Pinpointing the exact date new oil operations will come online and their subsequent production levels is an educated guess at best. .
88 Energy - Ultra High Impact Drilling Q1 2020 Rig move to drilling site confirmed to commence on 15th Feb. [link] Info for Haul Rd Group – Dalton Drill Rig Move *** Early Notice – Permits Still in Process *** Starting Saturday, Feb. 15, at 12 a.m., Accumulate Energy Alaska, Inc., in partnership with Cruz Construction and Nordic, will begin moving a large drill rig on the Dalton Highway from Deadhorse to mile 386. The move is anticipated to last through Monday, Feb. 17, at 12 p.m. Traffic will not be able to pass the drill rig during the move. The rig is large enough that it requires both lanes of the highway to travel and it will be traveling at low speeds. Drivers should anticipate lengthy delays. Road closures will be established during the move to control traffic. Over the three day move, the drill rig will pull into pullouts in three locations and waiting traffic will be permitted to travel through. These are the locations and anticipated times:
88 Energy - Ultra High Impact Drilling Q1 2020 Spud of Charlie-1 on or before the 1st of March 2020. [link] .
Aberdeenman 88e … XXXXX This came to my attention after seeing today’s placing .( Over in Australia so not sure of price ) Oddly enough had been discussing DrM with share Maiden a few moments ago. Looks to have nearly doubled since the last placing in September 2109 and it dipped below that a few days after. … 88 Energy Raising Over GBP2.5 Million To Fund Alaska Projects from Alliance News | 24th January 2020 08:53 (Alliance News) - 88 Energy Ltd is raising AUD5 million to fund work in Alaska, the Australian firm said on Friday. The oil & gas firm had said on Wednesday it was planning a capital raise. 88 is placing 238.1 million new shares in the company at a price of AUD0.021 each, raising the AUD5.0 million, or about GBP2.6 million. 88 shares were 3.6% higher on Friday morning at 1.30 pence, but did slip on Wednesday. In Sydney, they closed 7.7% lower at AUD0.024, having been suspended there between Wednesday and when the placing announcement was made in Sydney. The money will be used to fund ongoing work on assets in Alaska. 88 has a 60% stake in the Icewine project on the North Slope, as well as interests on Alaska’s Western Blocks and Yukon Gold. Work currently ongoing includes the upcoming Charlie-1 appraisal well. 88 will also use the funding to pay lease rental payments, pay off interest on debt, and fund new ventures. Managing Director Dave Wall said: "The decision by the board to raise additional funds at this time was for several reasons, namely: unsolicited demand for investment at a premium to the most recent placement in September 2019; and a subsequent incremental increase in the well cost due to high grading of the quality of the evaluation program. “We would like to thank our advisers and shareholders for their continued support as we enter into this critical phase.†The firm raised GBP3.8 million last September, placing shares at the same price as the current placing. By George Collard; [email protected] Copyright 2020 Alliance News Limited. All Rights Reserved. corporate actionssignificantAIMcompaniesstock & bond transactions get more news and expert articles direct to your inbox Sign up for a free research account and get the latest news and discussion, and create your own Virtual Portfolio free sign up
88 Energy - Ultra High Impact Drilling Q1 2020 When you see the news from OSH (Oil Search Limited) - this is another big positive for 88E. The discovery news today from ASX:OSH may be driving some of the 88E buying. Consider…The Torok is viewed as analogous to the Nanushuk discoveries to the northwest (including the Horseshoe discovery), with the Torok and the Nanushuk part of the same depositional system. As such, the Nanushuk and the Torok have the same sediment source and environmental conditions, with the Nanushuk on the shallower shelf edge and the Torok in the deeper channels and fans. The Torok at Charlie-1 is likely to have the same rock properties as the Nanushuk, with a similar porosity, but with lighter oil due to its proximity to the HRZ source rock… Now the news today from OSH is, hit oil pay in the Nanushuk : asx.com.au 44dfwdfy9q4v36.pdf 339.66 KB ,
88 Energy - Ultra High Impact Drilling Q1 2020 Update from Cenkos on 88E. PDF file in the link below. Risked 4.8p NAV valuation pre-drill (meaning 88E is currently about 250% undervalued). Interesting that the potential lateral sidetrack on success is now being looked at being done in Q4 2020. Upload Files Upload files for free - 88E_JAN_2020.pdf - Uploadfiles.io Upload files, for free, securely, anonymously, without limits. @UploadFilesFree .
88 Energy - Ultra High Impact Drilling Q1 2020 Comments from BB32 Just to give my thoughts re comment Additional Details Premier has an option to earn 50% working interest in Area B or C by spending US$15m, if the Charlie-1 (Malguk-1 appraisal) well in Area A is successful It is not for both areas … Dave has played a blinder here, as when we prove oil in A , value of B and C will go up, so PMO can take up cheap option in one or other, will have to renegotiate for both or we can farm out to someone else for hopefully more for either B or C The comments around Yukon and discussions continue with nearby resource owners, I believe is all to do with Jade Energy who have the leases just to the North of Yukon. Alaska Journal – 17 Apr 19 Indy to drill for oil at Point Thomson A small Alaska explorer has plans to drill for oil inside ExxonMobil’s Point Thomson Unit. 50% owner of Jade = Erik Opsted So all good as far as I can see BB32