88 Energy Provides Project Icewine Conventional Farmout Update

Source: www.gulfoilandgas.com 6/26/2019, Location: North America

88 Energy has provided an update related to the farmout process for its conventional prospect portfolio at Project Icewine, located on the Central North Slope, Alaska.

Highlights
Farminee internal approvals complete, including Board sign-off
Farm-out deal now subject to:
o execution of closing documents
o standard conditions precedent, mainly related to transfer of working interests
Well planning and permitting required for 2020 drilling now ramping up

Additional details will be provided post signing.


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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