88 Energy Limited is dual listed company (ASX and AIM) exploration company, 88E have a 272,422 gross contiguous acre position with 212,489 acres net to the Company. onshore Alaska, in a world class exploration asset targeting liquids rich conventional and unconventional plays. The primary unconventional play, the HRZ interval, was recently evaluated successfully post the drilling of the maiden well at the project in late 2015, Icewine#1. The Gorss mean attirubted to the HRZ is estimated to be 2.6billion barrels of Oil.
Phase II is now underway, with appraisal drilling planned via the Icewine#2H well, which will be a horizontal well with a multi stage fracture stimulation and production test.
VOX Market Podcast -16 Feb 2016