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

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