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88 Energy Provides Project Icewine Conventional Farmout Update

Source: www.gulfoilandgas.com 6/26/2019, Location: North America

88 Energy has provided an update related to the farmout process for its conventional prospect portfolio at Project Icewine, located on the Central North Slope, Alaska.

Highlights
• Farminee internal approvals complete, including Board sign-off
• Farm-out deal now subject to:
o execution of closing documents
o standard conditions precedent, mainly related to transfer of working interests
• Well planning and permitting required for 2020 drilling now ramping up

Additional details will be provided post signing.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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