OPERATIONS

88E all geared up for Merlin-1 spud

ALASKAN-operator 88E is mobilising Rig-111 to the Merlin-1 drillsite, confirming to the market that it will spud the exploration well in the first week of March.

Drill rig mobilising for March spud

Drill rig mobilising for March spud

The ASX-listed company is carried for the first US$10 million of an estimated US$12.6 million total cost, in exchange for a 50% working interest in the project as part of a farmout agreement with Alaska...

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