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Flow Testing on Icewine#2 to Re-Commence Next Week

Source: www.gulfoilandgas.com 8/24/2017, Location: North America

88 Energy Limited (88 Energy, Operator) is pleased to provide an update on Project Icewine, located onshore North Slope of Alaska.

Highlights

Flow testing on Icewine#2 to re-commence week beginning 28st August post six week shut-in
o One week delay due to fine-tuning of testing procedure

Icewine#2 Operations Update

The Icewine#2 well was shut-in on 10th July for a six week period to allow for imbibition and pressure build up to occur within the HRZ shale. Flow testing is scheduled to re-commence week beginning 28th August. The one week delay to the scheduled program has resulted from minor fine-tuning of the testing procedure.

Additional technical analyses are ongoing and will be communicated once complete.

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