88 Energy Ltd (EEENF)

[FACT-MASTER]

AG and company have made a good case for continuing exploration of Peregrine (Merlin - 2) in their video, imo.

However, (imho), problems going forward are likely, with advancing the Peregrine project:

https://www.eenews.net/articles/huge-arctic-oil-find-makes-waves/

"Now environmental groups are pressuring the Biden administration to block more exploratory drilling for Peregrine, at least until the Interior Department has reviewed the NPR-A’s Trump-era management plan.

Layla Hughes, an attorney for Earthjustice, said the former administration “rushed” the Peregrine exploration project through approvals before leaving office and that, if developed, it could have a greenhouse gas emissions footprint three times as great as Willow.

She said Peregrine represents a threat to the already pressured Alaska Native village of Nuiqsut, as it is “the last remaining undeveloped land used by residents for subsistence hunting.”

“We hope the administration will use this opportunity to squarely address how this project can be managed in a way that is compatible with the administration’s climate, just transition and environmental justice commitments before it decides whether to allow the project to move forward,” she said."