NEW DRILL RIG

88E Drill Rig Contracted - The Merlin-2 drilling event awaits…

News last week was that 88 Energy's (ASX:88E) drill rig has been contracted - another step in the journey towards the spudding of the Merlin-2 well. 88E’s Merlin-2 well is targeting 652 million barrels with a geological chance of success of 56%.

Pantera (PFE) set to unleash the heli-rig - first drilling starts next week.

Yesterday, our junior exploration investment Pantera Minerals (ASX:PFE) announced its maiden drill event in the north of WA will start next week.

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