1.6 Bln Barrels est. @ $EEENF 88 Energy's Peregrine Oil Project Has Estimated Prospective Resource of 1.6 Bln Barrels. They said its project Peregrine in Alaska has been estimated to contain a mean prospective resource of 1.64 billion barrels in an independent report.
The Australia- and London-listed energy company said the estimate assumes all three Peregrine wells are successful.
Drilling will start in the first week of March with the Merlin-1 well.
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