**** $EEENF 88E’s Project Peregrine has an independently assessed 1.6 billion barrels of oil equivalent (gross mean prospective resource), with three prospects that are located on-trend to recent discoveries.
Project Icewine is another highly prospective asset, with a recent independent resource estimate outlining a total resource of 1.77 billion barrels of oil equivalent with a net mean unrisked prospective resource of 1.11 billion boe attributable to 88E. 88E is also in negotiations to farm-out its Yukon leases (approximately 90 million barrels mean prospective oil resource).