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Re: powerbattles post# 10507

Saturday, 04/03/2021 2:25:27 PM

Saturday, April 03, 2021 2:25:27 PM

Post# of 43221
Project Icewine coming in 2022 makes this an easy longterm hold.

The company said its farm-out process for 2022 drilling at Project Icewine commenced during the period. The "Area A" leases at Project Icewine were also formally re-assigned to 88 Energy while the rationalisation of non-commercial leases also occurred in the quarter.

The dual listed oil junior drilled seven stacked targets with a total gross mean prospective resource of 1.6 billion barrels (480 million barrels net to 88E) in the Charlie-1 well at its Project Icewine.