Alaskan focused oil and gas group, 88 Energy Ltd (ASX:88E) provided a further update on Monday regarding the progress of the group’s Charlie-1 appraisal well on the North Slope of Alaska.
London-listed 88 Energy said today that it had shut in the second well on its Alaskan Icewine project to allow pressure to build.
London-listed 88 Energy said today that it completed the first phase of its "stimulation" operations on its Alaskan project on the weekend.
The managing director of 88 Energy today thanked those who had helped his company get on the "cusp of flow testing" for its IceWine#2 development.
Australian oil firm 88 Energy said today that a well had been spudded on its Icewine asset in Alaska.
This year's ONS created a record amount of headlines for Energy Voice. Shell and BP squared-off in renewables, the Norwegian Prime Minister had some stern words for the industry and Statoil achieved a North first, which prompted its CEO to put his hand over his heart and exclaim "My God".
Australian oil firm 88 Energy said today that it expected to pick a rig for the Icewine Project in Alaska in the coming weeks.
88 Energy has reached an agreement regarding a placement to raise proceeds of $11million to two US-based institutional investors.
88 Energy today said a recent two billion barrel find in Alaska will be the catalyst to reinvigorate the area's industry interest.
88 Energy has finalised its well design for its Project Icewine, located on the North Slope of Alaska.
Well and stimulation design for 88 Energy's Icewine project in Alaska is almost complete as the company continues along its path to developing what it believes will be one of the biggest plays in the region.
88 Energy has completed the 2D seismic acquisition at its Icewine project in Alaska.
88 Energy said it is close to completing the design of its second Icewine well in Alaska.
88 Energy today confirmed an independent resource estimate for its onshore Alaska find had increased to 1.4 billion barrels of oil equivalent.
88 Energy's Icewine project in Alaska continues to exceed expectations with the company revealing that core taken from the Icewine-1 exploration well has revealed two previously untested samples have "outstanding permeability" 20 times better than forecast.
Core and petrophysics data indicate 88 Energy's flagship Icewine development in Alaska is a "world class resource" the company said in statement.
88 Energy shares soared today after the company revealed its estimates for the Icewine-1 well in Alaska have been confirmed to be correct by the evaluation of the HRZ shale core.
88 Energy said it is "highly encouraged" by initial results from the HRZ shale testing at the Icewine #1 location in Alaska.
88 Energy said it has achieved its primary unconventional objectives as it completed its drilling campaign on the Icewine #1 well in Alaska.
88 Energy’s boss said results from its HRZ play in Alaska continued to remain supportive but there was still uncertainty until all analysis had been conducted. Dave Wall, the chief executive of the company, revealed the latest analysis of the critical HRZ shale interval of its Icewine play. Operations at the site are continuing following initial analysis, with plans moving forward to finalise its current operation before conducting a blowout preventer test.
88 Energy said it was encountering persistent oil shows in and above the critical HRZ shale interval of its Icewine play in Alaska.
88 Energy Limited said its Icewine #1 well in Alaska continues to remain within budget as it targets the HRZ shale formation and a huge unconventional resource prize.
88 Energy said initial hydrocarbon shows from drilling at its flagship Icewine #1 well in Alaska have been encouraging, both for conventional and unconventional plays being targeted.
Operations have restarted at 88 Energy's Icewine #1 prospect in Alaska after repairs to the drawworks were completed.
Cross-border visa issues for a engineer have added to delays for 88 Energy's plan to repair the drawworks on its Icewine #1 drilling project in Alaska.