88 Energy Limited (AU:88E) has released an update.
88 Energy Limited has announced the successful recovery of light oil from two reservoirs at their Hickory-1 well in Project Phoenix, Alaska. The company is now proceeding with post-flow test studies and evaluating commercialisation options, including partnerships and early-stage production systems. This development marks a significant step forward for 88 Energy as they work towards appraising and advancing their oil discovery.
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