Aug 23 (Reuters) - 88 Energy Ltd 88E.AX :
* SIGNED AGREEMENT WITH PREMIER OIL PLC WHEREBY PREMIER WILL FARM-IN FOR 60 % INTEREST IN AREA OF PROJECT ICEWINE ACREAGE
* UNDER TERMS OF AGREEMENT PREMIER WILL PAY FULL COSTS OF AN APPRAISAL WELL UP TO A TOTAL OF US$23 MILLION