23rd Oct 2015 06:52
LONDON (Alliance News) - 88 Energy Ltd on Friday said it has started drilling at the Icewine 1 exploration well in Alaska.
88 said the well is set to be drilled to a total depth of 11,600 feet and its scheduled to take 30 days to complete.
"Spud at Icewine 1 is a momentous occasion for 88 Energy and its shareholders, without whose support the well would not have been funded. Our thanks go to all the financial backers of the company as well as the team on the ground in Alaska, who have hit the top end of the curve in relation to timing of permit submissions," said Managing Director Dave Wall.
By Sam Unsted; [email protected]; @SamUAtAlliance
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