Farmin closer for 88E and Icewine

IT’S been a long wait but 88 Energy and joint venture partner Burgundy Exploration have executed an exclusivity agreement with their preferred bidder to farm-in to the conventional section of Project Icewine in Alaska.

Unnamed party to pay $500K upfront for well costs as part of Icewine farmin deal

06 August 2019
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The bidder has agreed to pay US$500,000 to facilitate near-term operations, while the final terms on the planned farm out are agreed.

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