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17/01/2019
http://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=6916568
Highlights
• Permit to Drill Approved for Winx-1 exploration well
• Ice road construction progressing well o Rig mobilisation planned for early February
• Spud remains on schedule for mid-late February 2019
06/01/2019
http://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=6915751
Highlights
· Ice road construction commenced for Winx-1 exploration well
· Winx-1 Permit to Drill submitted
· Spud schedule for mid-late February 2019
20/12/2018
http://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=6914619
Highlights
• Multiple high-quality parties active in conventional dataroom Deadline for bids extended due to request o Deal now targeted for 1Q 2019
• Initial HRZ review by Baker Hughes encouraging o Additional value add analysis now underway ahead of finalising farm-out package
• Yukon Leases - 3D seismic processing continues with inversion now underway
• Western Leases – Winx-1 exploration well on schedule for February 2019 spud
17/12/2018
http://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=6914117 WINX Permits
07/11/2018
http://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=6908378
Highlights
Yukon Leases Maiden Resource: Net Mean Prospective Oil Resource - 90 MMBO
Cascade lead upgraded to prospect - Brookian Turbidite Fan Play
Additional prospectivity mapped within Staines Tongue Topset Play
Project Icewine Net Mean Prospective Oil Resource - 2,211 MMBO
Farm-out process continues as planned, with deal targeted prior to year-end 2018
Western Blocks Net Mean Prospective Oil Resource - 144 MMBO
Stacked Brookian objectives including Nanushuk Topset Play
The Winx-1 well is on schedule to commence drilling in February 2019
88 Energy Total Conventional Net Mean Prospective Oil Resource - 2,445 MMBO
