88 Energy released a corporate presentation outlining its Alaska North Slope portfolio, including the South Prudhoe Project and Project Phoenix. The presentation lists a 2U prospective resource of 507 MMbbl (gross, unrisked) for South Prudhoe and notes the company holds a 100% working interest across 52,480 acres. For Project Phoenix, it reports a 2C contingent resource of 378 MMboe gross (239 MMboe net) and a current working interest of 74%. It also states a production test is planned in the second half of 2026 and references a planned Franklin Bluffs-1H well.
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