to look forward to13 Mar 2019 09:18
(Icewine Conventional – 1Q19, HRZ - 1H19)
Icewine* : Large Conventional Prospect Portfolio – 2.21 Billion Barrels Oil Net to 88E#
• Multiple stacked prospects mapped on modern 3D seismic - farm-out targeted 1Q19
• Seismic inversion highlighting new potential and de-risking reservoir for proven oil
Western Blocks: 400 MMBO Prospect (144 MMBO Net to 88E) – Spud ~15th Feb ‘19
• Winx Prospect generated on 3D seismic, adjacent to Horseshoe#1 Oil Discovery (Nanushuk)
Yukon Leases: Existing Discovery – Processing of 3D Seismic Underway
• 100% owned by 88E, initial results from fast-track processing highly encouraging
• Initial volumetric evaluation ~90MMBO net mean prospective resource
Icewine* : HRZ Liquids Rich Resource Play – 0.8-2.0 Billion Barrels Liquids**
• De-risked by core/log analysis from Icewine#1 and successful stimulation of Icewine#2
• Integration of Icewine#2 results underway – farm-out targeted 1H19