亮点
· 纳米比亚奥万博盆地石油勘探许可证 93（PEL 93 或许可证）的 2D 地震采集项目按时、在预算之内完成，没有发生可记录的安全事故。·
该项目使用 Polaris 的可控震源机组成功采集了 203 线公里的 2D 地震数据。
· 数据处理正在进行中，包括现场和卡尔加里的地球信号处理中心，最终解释预计在 2024 年第四季度完成。
· 新的 2D 地震数据将用作从航空重力和磁力数据中识别出的十 (10) 个独立结构闭合中的多个结构闭合的验证过程的一部分。
· 预期的项目成果包括对首次勘探资源的评估和对未来潜在钻井位置的确定。

88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF)（88 Energy 或公司）欣然宣布，纳米比亚 Owambo 盆地 PEL 93 的 2D 地震数据采集项目已按时完成，且在预算之内，没有发生可记录的安全事故。

该项目利用 Polaris 的振动震源团队采集了 203 线公里的 2D 地震数据。该项目在有利的天气条件下进行，使用可靠且经过良好校准的地震源和接收器，以及实时质量控制和监控。因此，捕获的数据质量很高，并且比之前采集的加速重量下降试验线[1] 显示出更好的地震信号强度、频率内容和完整性。选择振动震源技术是因为其具有可重复性、可控能量和带宽的声誉。

这一结果验证了 PEL 93 采集方法的选择，并有望提供出色的图像，以准确解释达玛拉油田的地下地质结构。数据处理工作正在进行中，现场继续制作质量控制堆栈，卡尔加里的地球信号处理中心负责完成数据集的成像，陆上高分辨率二维地震数据处理专家负责处理数据集。目前预计新线路的解释将在 2024 年第四季度完成。

新的二维地震数据结果将与现有的历史勘探数据相结合，以改进当前的前景解释。确定预计在 PEL 93 中存在的达玛拉褶皱结构的数量和质量是该计划的主要目的；这项工作将成为独立认证预期资源评估的基础。这将允许更准确地识别钻井位置并为未来潜在的钻井活动进行规划。

Damara Play 勘探钻探更新
2024 年 7 月 7 日，我们的近邻 Reconnaissance Energy Africa Ltd (Recon Africa) 在 Owambo 盆地的石油勘探许可证 73 (PEL 73) 上钻探了他们的第一口井 Naingopo-1。这被认为是 PEL 93 解释机会的延续。随后，专注于增长的石油和天然气收购、开发和生产公司 BW Energy Limited (BW Energy) 进入了 Recon Africa 的纳米比亚土地。BW Energy 以 1600 万美元的股权投资收购了 PEL 73 20% 的工作权益，参与两个 Damara Fold Belt 勘探井和一个 3D 地震项目，并可选择在两年内参与两个 Rift Basin 勘探井。这项新投资表明行业和资本市场对 Owambo 盆地，特别是 Damara Play 的潜力提供了强有力的支持。

PEL 93，奥万博盆地，纳米比亚陆上
PEL 93 覆盖纳米比亚奥万博盆地内 18,500 平方公里的未勘探地下。88 Energy 通过其全资拥有的纳米比亚子公司持有 PEL 93 20% 的经营权益，并可选择通过额外的分阶段农场活动获得高达 45% 的非经营权益。完成超过 200 线公里的二维地震数据，履行了第一次更新勘探期所需的许可承诺。

本公告已获得董事会批准。

Highlights
· The 2D seismic acquisition program for Petroleum Exploration Licence 93 (PEL 93 or the Licence) over the Owambo Basin, Namibia, completed on time and within budget with no recordable safety incidents.
· Program successfully acquired 203-line km of 2D seismic data using Polaris' vibroseis crew.
· Data processing is ongoing, both in the field and at Earth Signal Processing in Calgary, with final interpretation expected by Q4 2024.
· New 2D seismic data will be used as part of the validation process for a number of the ten (10) independent structural closures identified from airborne gravity and magnetic data.
· Expected program outcomes include estimation of a maiden Prospective Resource and identification of future potential drilling locations.

88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) (88 Energy or the Company) is pleased to announce that the 2D seismic data acquisition program for PEL 93 over the Owambo Basin, Namibia, has been completed on time and within budget with no recordable safety incidents.

The program acquired 203 line-km of 2D seismic data utilising Polaris' vibroseis crew. The program was carried out in favourable weather conditions, with reliable and well-calibrated seismic sources and receivers, and real-time quality control and monitoring. As a result, the captured data is of high quality and demonstrates considerably better seismic signal strength, frequency content, and integrity than the previously acquired Accelerated Weight Drop trial lines[1]. Vibroseis technology was selected due to its reputation for repeatability, controllable energy and bandwidth.

This outcome validates the selection of acquisition method for PEL 93 and is expected to deliver an excellent image for the accurate interpretation of the subsurface geological structures of the Damara play. Processing of the data is ongoing both in the field, where quality control stacks continue to be produced, and at Earth Signal Processing in Calgary, the onshore, high-resolution 2D seismic data processing specialists responsible for finalising the imaging of the dataset. Interpretation of the new lines is currently expected in Q4 2024.

Results from the new 2D seismic data will be integrated with existing historical exploration data to refine current prospect interpretation. Determination of the size and quality of a number of the Damara fold structures that are expected to be present in PEL 93 is the key purpose of the program; this work will form the basis for an independent Certified Prospective Resource assessment. This will allow for more accurate drilling location identification and enable planning for potential future drilling events.

Damara Play Exploration Drilling Update
On 7 July 2024, our near neighbour Reconnaissance Energy Africa Ltd (Recon Africa) spudded their first well Naingopo-1 on Petroleum Exploration Licence 73 (PEL 73) in the Owambo Basin. This is modelled to be a continuation of the interpreted opportunity at PEL 93. Subsequently, growth-focused oil and gas acquisition, development, and production company BW Energy Limited (BW Energy) farmed into Recon Africa's Namibian acreage. BW Energy acquired a 20% working interest in PEL 73, with a US$16 million equity investment, to participate in two Damara Fold Belt exploration wells and a 3D seismic program, with an option to participate in two Rift Basin exploration wells over a 2-year period. This new investment demonstrates strong industry and capital market support for the potential of the Owambo Basin, and in particular, the Damara Play.

PEL 93, Owambo Basin, Onshore Namibia
PEL 93 covers 18,500km2 of underexplored sub-surface within the Owambo Basin in Namibia. 88 Energy, through its wholly-owned Namibian subsidiary, holds a 20% working interest in PEL 93, with an option to earn up to a 45% non-operated interest via additional staged farm-in activities. Completion of more than 200 line-km of 2D seismic data fulfils the required licence commitment for the First Renewal Exploration period.

This announcement has been authorised by the Board.