88 Energy Ltd (EEENF)

[Ailan]

With the Merlin-1 drilled and logged with Gamma Ray - Resistivity - Bulk Density (RA) Logs and they may have added MRI - which everyone knows what MRI is...they will revise the Seismic significantly more than likely, they did on the Charlie-1 Well and it paid off....

On this well "Merlin-1" they missed the formation tops by 600 ft (Found reservoir 600ft deeper than anticipated)...so the no doubt in my mind they will review and revise the seismic and it will become even more accurate for the future wells...

600ft is significant in oilfield terms...actually almost erroneous...I'm drilling right now and Geology is off by about 5 ft TVD (True Vertical Depth) and that is normal...30 ft is significant...50 ft will throw up Red Flags...600 ft? shoot the seismic folks and geological interpreters...they suck...