By: Franyi Sarmiento, Ph.D., Inspenet, August 15, 2022
88 Energy Limited has reported an independently certified maiden prospective resource estimate of 1.03 billion barrels of oil, on a gross average and unrisked basis, for the development of the Icewine East Project in Alaska, in which the company has a 75 percent net operating interest.
According to the company, significant potential resources have been estimated in all of the newly mapped Shelf Margin Delta (SMD), Slope Fan System (SFS), Basin Floor Fan (BFF) and Kuparuk (KUP) play lanes in the Icewine East acreage.
The first independent prospective resource report was completed by Lee Keeling and Associates, Inc (LKA). The initial total prospective resource follows a period of review of an extensive data set that included seismic data, well logs from Icewine-1 and near surface adjacent wells on Icewine East acreage, analysis and recent petrophysical mapping, 88 Energy noted. LKA is a U.S.-based independent petroleum engineering and geoscience consulting firm with significant recent experience in providing resource estimates specifically in Alaska.
“This oil resource estimate of 1.03 billion independently certified barrels is a great result for 88E and its shareholders,” 88 Energy CEO Ashley Gilbert said in a company statement.
88 Energy’s Icewine project is one of several the company has on the Alaska North Slope. Others include the Peregrine, Umiat and Yukon projects, in which 88 Energy has a 100% interest.
This material from petrobanca.com was edited for clarity, style and length.
Source: https://petrobanca.com/88-energy-anuncia-1000-millones-de-barriles-de-petroleo/
Loading...
