EXPLORATION

Two for two as 88E to plug another Alaska duster 

88 Energy's second Alaskan well Merlin-2 has come up dry, it said today. Its share price has halved, to 1.6c per share

The Merlin-1 well

The Merlin-1 well

It will now plug and abandon the well.    Near-completed wireline logging results suggested there is not enough oil to justify a production test despite earlier encouraging oil shows hit by logging...

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