Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/by_province/americans_offshore/alaska/88-energy-updates-evaluation-for-icewine-1-well.shtml

88 Energy updates evaluation for Icewine #1 well

88 Energy Limited updates the evaluation and integration of the core with log data over the HRZ interval from the recently drilled Icewine#1 exploration well.

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88 Energy Ltd

88 Energy Limited updates the evaluation and integration of the core with log data over the HRZ interval from the recently drilled Icewine#1 exploration well.

Highlights

Integrated Core and Petrophysical Analyses Indicate Tier 1 Liquids-Rich Hydrocarbon Concentration with World Class Resource Prize Potential - Consistent with Pre-Drill Forecast Gross Pay of 196' with Net Pay of 180.5' - Exceptional Net to Gross Ratio of 92% as Prognosed Reservoir Quality In Line With or Above Expectation:

Outstanding Effective Porosity of 11%

Shale Plays Typically in 4 - 7% Porosity Range

Tags: 88 Energy Ltd