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Operations

Project Icewine, Alaska

  • Operator on ~271,000 contiguous acres onshore Alaska in prolific oil-rich province with multiple objectives, with an additional 420,000 acres subject to award;
  • ~ 400,000 acres net to 88 Energy assuming all rights taken up;
  • 77.5% Working Interest, 10 year leasehold, 16.5% royalty and strategically located in the heart of the play and close to infrastructure;
  • Unconventional primary objective in shale complex that sourced the 13 BN barrel Prudhoe Bay Oil Field – opportunity identified by first mover in the Eagle Ford;
  • Shallow secondary conventional objective is the hottest play on the North Slope with 88 Energy acreage offset by two discoveries;
  • Excellent fiscal terms with cash rebates for exploration expenditure.

Investor Presentation

Project Icewine Latest Presentation February 2017

Project Icewine Overview Animation