Upcoming Drills - Schedule as of close of business 9 March 2022

Fully funded companies with forthcoming, potentially transformational oil drills

Drilling Now

88 Energy (88E) - Market capitalisation: £365 million.  Merlin-2 appraisal well, Alaska: 100% 88E interest.  Resource estimate: 1.6 BBO mean prospective.  Chance of success: 56%.

Longboat Energy (LBE) - Market capitalisation: £29 million.  Norwegian Continental Shelf exploration wells: 5-20% LBE interests (seven well programme) - Kveikje (10% interest) now drilling.  Total resource estimate: 844 MMBOE gross prospective (full programme).  Chances of success: 15-55%.

Fully Funded With Spud Date Guidance