EXPLORATION

88E reaches TD at Merlin-2

88 Energy has hit total depth at its Merlin-2 appraisal well in Alaska’s North Slope with wireline logging underway to confirm the presence of oil.

88E's Merlin-1 well

88E's Merlin-1 well

It hit all three Nanushuk targets while drilling to total depth of 7334 feet but despite logging while drilling and samples collected, the company has no oil to report. 88E said initial observations...

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