88 Energy Limited (88E)   announces that production drilling on it’s Charlie-1 appraisal well, will commence imminently. Due to weather, they have experienced some minor delays, but surface casing is now set and cemented. 

Following some mandatory tests, drilling will proceed in the 8.5” production hole. Results from the Logging While Drilling phase of the program are expected, once total depth has been reached and initial analyses have been completed, which is scheduled for early April. 

Graphics showing the Charlie-1: Seven Stacked Horizons can be viewed via image below: 

The Company can confirm that COVID-19 has had no impact on the program and appropriate measures have been put in place to ensure that any potential impacts are being proactively addressed.