$EEENF In a nut shell: Operational issues have prevented 88 Energy (88E) from sampling hydrocarbons in the two most prospective zones of the Merlin-1 well The first run of the wireline program identified several potential pay zones, one of which is considered to be a prospective horizon within the Nanushuk Formation Following the failure to sample the most promising zones, samples were taken from less prospective areas which have been sent for analysis 88 Energy will now plug the wildcard well, which it may re-enter down later on to drill a sidetrack and conduct flow testing