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Project Peregrine

  • Project Peregrine acreage was acquired by 88 Energy via an off market takeover of XCD Energy Ltd in August 2020
  • Project area encompasses 195,973 acres of which a number of untested topset play opportunities exist
  • Multiple, independent, drilling locations exist, the first of which (Merlin-1) was completed in Q1 2021
  • The Project Peregrine Nanushuk sequences continue North where they are the target of Conoco Phillip’s Harpoon and Willow drilling programs, the latter of which contains 750-800mmbo recoverable**.
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* Please refer to the ASX release dated 23 February 2021 for full details with respect to the Prospective Resource estimate, associated risking and applicable Cautionary Statement.
** Conoco 2018