Edison Report, page-3

Some timelines...... Also from Edison report. 
Winx-1: On trend with Horseshoe discoveryWinx-1 sits four miles to the east of Horseshoe and will target 400mmbbl of oil in the stacked Nanushuk, Torok, and the shallower Shrader and Tulevak formations. 88 Energy estimates that around 60% of the resources will be in the Nanushuk. Horseshoe encountered oil in Sequence 3 of the Nanushuk. Winx-1 is targeting Sequences 4 and 5 where there is a similar amplitude response to that seen in Horseshoe. The company assigns a geological chance of success to Winx-1 of 25% and sees the key risk as seal. The prospect relies on a pinch out on the clinoform shelf edge to form an effective seal.The well is currently scheduled to spud sometime in February 2019 and is expected to take around four weeks to drill to a TD in the region of 6,500ft and at a dry hole cost of $15m. In the event of success, the well would also have sidewall coring, logging and testing carried out. The operator believes that these activities can be completed within the winter season (when ice roads are solid), which normally ends between mid-April and mid-May.