88 ENERGY has come across compelling indications of oil updip at its Charlie-1 appraisal well, on the North Slope of Alaska, with an average American Petroleum Institute gravity of liquid hydrocarbon in the Torok formation confirmed around 50 degrees.
The exploration well was touted by 88E as having seven stacked targets across the Brookian play, four of which were expected to be oil bearing. But drilling results last month found the Charlie...
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