Oil explorer 88 Energy is making progress as it drills towards the 8000-foot reservoir targets at its potentially company making Merlin-2 well in Alaska. The company is chasing a possible 652 million barrel of oil resource as the it follows up on its 2021 Merlin-1 discovery. Merlin-2 spudded on the 7th of March and has been drilled to 2,005 feet. The surface casing has been installed and cemented in addition to the blow out preventer being tested.
17/03/2022 - 15:12
88 Energy set to intersect reservoir targets at Merlin-2
By Matt Birney
17/03/2022 - 15:12
Related Data & Insights
-
-
Rank Company Revenue 575th 88 Energy -$50k 599 listed resources wa companies ranked by revenue.
Powered by Morningstar ®
Data & Insights
Mentioned Organisations
Related Articles
Subscribe today for award-winning, unbiased and trusted journalism
Subscription OptionsX