88 Energy Executes Rig Contract for Icewine-2 Appraisal Well
Thursday 16 February 2017
88 Energy has provided an update on Project Icewine, located onshore North Slope of Alaska.
Highlights:
- Rig contract executed for drilling of Icewine-2 appraisal well
- Doyon Drilling Inc's Arctic Fox rig expected to mobilise to Icewine-2 location between 30th March - 30th April post completion of drilling on nearby acreage
- Spud date revised from late Q1 2017 to early Q2 2017
Managing Director of 88 Energy Limited, Dave Wall commented:
'We are delighted to be working with Doyon for the upcoming drilling of Icewine-2. The Arctic Fox is one of the premier rigs on the North Slope and will be coming to us 'warm' off its current job, which has several significant benefits.
As soon as the Arctic Fox finishes work associated with its current job, we will be ready to start mobilisation and rig up for Icewine-2. Spud is now scheduled for a few short weeks post our initial plan of late Q1 2017.
Additional details in relation to the Icewine-2 well will be released to the market in due course.'