Upcoming Drills - Schedule as of close of business 9 March 2022
Fully funded companies with forthcoming, potentially transformational oil drills
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