RE: Now we can be a bit more lighthearted13 Nov 2020 14:05
Has anyone received an e mail response from DW at all? it would be interesting to know why Premier Oil walked away from Charlie1, given the latest RNS.
Managing Director of 88 Energy, Dave Wall, stated: "The net potential to 88E in the Lima Fan System was estimated internally by 88E at around 100 million barrels prior to the drilling of Charlie-1. With this large independent upgrade and the recent increase in working interest in the leases, this potential has now improved to almost 900 million barrels net to 88E - an outstanding result for our shareholders. Resources of this size are why we are operating in Alaska and we are on the cusp of drilling at another similarly sized opportunity at one of our other projects, Project Peregrine."