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http://88energy.com/wp-content/uploads/2016/04/Investor-Pres… Project Highlights 272,422 gross acres (174,000 acres subject to formal award ~mid 2016) • First acres leased by Burgundy Xploration in 2012, expanded to ~98,182 acres in 2015 in Joint Venture with 88 Energy • Acreage straddles the Dalton Highway and TAPS (Trans Alaska Pipeline System) • Majority south of Gravel Consideration Boundary • 88 Energy – Operator with 77.5% Working Interest*, Burgundy 22.5% Working Interest • Commenced permitting Icewine#1 1Q 2015; Spudded 3Q 2015; Reached Total Depth 4Q 2015 • Primary target –HRZ interval: a low contrast, low resistivity reservoir (LCLR) • On Budget – gross cost US$17m (net cost <US$5m due to Alaska rebate / BOA funding) • 97% core recovery achieved across gross HRZ interval • Initiated Core Evaluation 1Q 2016 • Phase 1 Sub-Surface Assessment Completed March 2016 Volatile Oil Sweet Spot Confirmed • Key resource risks successfully mitigated • Maturity, matrix permeability, and resource concentration suggest significant upside potential • Planning commenced in February 2016 for follow up well Icewine#2H –spud scheduled 1Q2017 • 750km 2D seismic acquisition commenced March 2016 • Gross mean prospective recoverable resource 1.4-3.6 billion barrels of oil equivalent (refer ASX announcement on 6/4/16) |
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| aus der Diskussion: | 88 Energy Einer der interessantesten Aktien übehaupt! |
| Autor (Datum des Eintrages): | Di2 (02.05.16 17:11:48) |
| Beitrag: | 2 von 1,844 (ID:52327288) |
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