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 reaches TD at Merlin-2 88E reaches TD at Merlin-2 88E reaches TD at Merlin-2 88E reaches TD at Merlin-2 88E reaches TD at Merlin-2

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.