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IN BRIEF: 88 Energy data shows hydrocarbon potential at Merlin-1

29th Mar 2021 21:37

88 Energy Ltd - Alaska-focused oil producer - Says data from drilling at the Merlin-1 well in northern Alaska has highlighted the potential of hydrocarbon-bearing zones at the site. Wireline logging will commence shortly to confirm whether mobile hydrocarbons are present.

Current stock price: 2.2 pence, up 29%

Year-to-date change: almost double

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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