The Board of 88 Energy Limited provide the following update regarding the appointment of Mr Erik Opstad as General Manager of Alaskan Operations.

In House Drilling Capability Attained

88 Energy is delighted to announce the appointment of Mr Erik Opstad as General Manager of Alaskan Operations. Mr Opstad has managed successful drilling campaigns on the North Slope in recent times, similar to that planned by the Project Icewine Joint Venture. This is a key step for the Company, with Mr Opstad's skillset complementing the significant geological, geophysical, reservoir engineering and commercial expertise already in house.

Mr Opstad is a 35 year veteran of the oil and gas industry with a broad range of experience throughout the value chain, making him an ideal candidate for a small company where many hats must be worn. Mr Opstad brings drilling engineering experience combined with a geological background and has a demonstrated focus on project execution and cost control.

Tags: 88 Energy Ltd