Articles On 88 Energy (ASX:88E)

Title Source Codes Date
Nearology report enhances Alaskan acreage for 88 Energy

88 Energy’s hunch an adjacent oil discovery continues into its Icewine project in Alaska looks to have paid off with third-party mapping showing three target reservoirs extending into 88’s permit areas.

The West 88E 2 weeks ago
Mapping shows nearby reservoir extends onto 88 Energy’s (ASX:88E) project Icewine acreage

Third-party mapping shows Pantheon Resources’ nearby reservoir units extend onto 88 Energy’s (88E) project Icewine acreage in Alaska The results come from an evaluation completed by exploration consultants of the Shelf Margin Delta, Slope...

themarketherald.com.au 88E 2 weeks ago
Closing Bell: Another sparkling resources IPO as ASX microcaps hit cruise control

Local stocks hit cruise control heading into the Easter break, with steady gains across the ASX in a calm session. The microcap ASX Emerging Companies index rose by around 0.8%, slightly outperforming the big end of town. It followed a soli...

Stockhead 88E 1 month ago
88 Energy banks first Texan oil and gas cash

88 Energy’s move to Texas is putting some colour into the ASX-listed company’s bank account after it banked A$600,000 in March from its Project Longhorn 30.

The West 88E 1 month ago
‘Highly encouraged’: Why this ASX energy share is soaring 7% today

Most ASX-listed energy shares are having a rough trot today after oil prices slumped overnight. However, 88 Energy Ltd (ASX: 88E) is one energy company that is firmly in the green. The oil and gas exploration company is currently fetching...

Motley Fool 88E 1 month ago
88 Energy (ASX:88E) shares rise on Project Longhorn BOE production

88 Energy (88E) reports production of in excess of 400 barrels of oil equivalent per day from its recently acquired Project Longhorn in the Permian Basin, onshore Texas The company holds an average net working interest in Longhorn of about...

themarketherald.com.au 88E 1 month ago
Pantheon well tests auger well for 88 Energy

88 Energy says third party mapping of the area around AIM listed Pantheon Resources discovery of light sweet crude oil in Alaska shows the geological fairways likely extend to its Project Icewine ground.

The West 88E 1 month ago
Here’s why the 88 Energy share price is rocketing 14% today

The 88 Energy Ltd (ASX: 88E) share price is on fire today, up 14.3% at the time of writing. 88 Energy shares closed yesterday at 1.4 cents and are currently trading at 1.6 cents. That gives the ASX oil and gas company a market cap north of...

Motley Fool 88E 1 month ago
88 Energy (ASX:88E) sees promising signs in Project Icewine neighbour’s oil flows

88 Energy has noted its neighbour Pantheon Resources’ promising oil targets in Alaska extend into its Project Icewine acreage This interpretation comes from preliminary mapping of the shelf margin delta, Seabee lower basin floor fan and sl...

themarketherald.com.au 88E 1 month ago
Guess which 2 ASX shares were the best and worst All Ordinaries performers in March

As Richard Carlson once said, “Reflection is one of the most underused yet powerful tools for success.” Investors spend a lot of time looking ahead, but in this article, we take a moment to reflect upon the last month in ASX All Ordinaries...

Motley Fool 88E 1 month ago
Closing Bell: Small Caps rise, ASX touches ’22 high and this whole space thing is totally happening

ASX 200 has touched a new high-water mark for 2022 Aussie Government sets aside $1.2 billion for Phase One of the national space mission Major movers today: Culpeo Minerals, Tesoro Resources, Latin Resources   The ASX 200 has touched a ne...

Stockhead 88E 1 month ago
ASX Close: Budget winners shine as market rises for seventh session

The share market extended its longest winning run of the year with buyers encouraged by the resumption of Russia-Ukraine peace talks and a big-spending Federal Budget. The S&P/ASX 200 climbed 50 points or 0.67 per cent to a seventh s...

themarketherald.com.au 88E 1 month ago
Why 88 Energy, Gold Road, Sigma, and Star shares are dropping

The S&P/ASX 200 Index (ASX: XJO) is on form again on Wednesday. In afternoon trade, the benchmark index is up 0.75% to 7,520.5 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they...

Motley Fool 88E 1 month ago
This ASX energy share just plunged 52%. Here’s why

The 88 Energy Ltd (ASX: 88E) is having a tough day on the market in response to a company update. The company’s shares are currently swapping hands at 16 cents apiece, a 51.5% fall. In comparison, the S&P/ASX 200 Index (ASX: XJO) is u...

Motley Fool 88E 1 month ago
ASX Update: 7500 falls as budget, peace talks encourage buyers

Australian shares rose for a seventh session, supported by progress in Russia-Ukraine ceasefire negotiations, positive US leads and a government cash splash. The S&P/ASX 200 rallied 61 points or 0.82 per cent by mid-session. The rall...

themarketherald.com.au 88E 1 month ago
88 Energy (ASX:88E) to abandon Merlin-2 after disappointing reservoir quality

88 Energy (88E) decides to abandon the Merlin-2 well after reservoir quality was deemed insufficient from the wireline logging program The program was designed to assess the reservoir potential, after oil shows and elevated gas readings we...

themarketherald.com.au 88E 1 month ago
Top 10 at 10: These ASX copper, lithium and gold stocks are running their own race today

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Stockhead 88E 1 month ago
88 Energy strikes oil at depth ahead of logging

88 Energy has struck oil after reaching total depth in the Merlin-2 appraisal well and is now waiting on wireline logging results to see whether oil will actually flow to surface from the Nanushuk Formation.

The West 88E 2 months ago
88 Energy (ASX:88E) gets oil and gas sniffs from Merlin-2 well in Alaska

88 Energy (88E) reaches total depth at its Merlin-2 appraisal well, located within its Project Peregrine on the North Slope of Alaska With drilling complete, the company is undertaking wireline logging to confirm reservoir quality and esta...

themarketherald.com.au 88E 2 months ago
Here are the top 5 best performing O&G players so far for 2022

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

Stockhead 88E 2 months ago
88 Energy set to intersect reservoir targets

Oil explorer 88 Energy is making steady progress as it drills towards the 8000-foot target depth of its potential 652-million-barrel Merlin-2 well in Alaska, following up on its 2021 Merlin-1 discovery.

The West 88E 2 months ago
88 Energy drills ahead in Alaska

Oil explorer 88 Energy is making steady progress as it drills towards the 8000-foot target depth of its potential 652-million-barrel Merlin-2 well in Alaska, following up on its 2021 Merlin-1 discovery.

The West 88E 2 months ago
88 Energy (ASX:88E) expects to drill reservoir targets imminently

88 Energy (88E) has drilled the Merlin-2 surface hole to a depth of 2,005 feet and intends to explore target regions with hydrocarbon potential The company installed and cemented surface casing as well as tested the Blow Out Preventer (BOP...

themarketherald.com.au 88E 2 months ago
88 Energy tipped as a ‘buy’ as high impact drilling gets underway in Alaska

Stockbroker Cenkos sees a valuation of 13.6p for the exploration company as it drills "one of the biggest wells of 2022".

Proactive Investors 88E 2 months ago
88 Energy spuds potential company maker in Alaska

North America-focused oil producer 88 Energy has spudded its Merlin 2 well in Alaska, chasing what could be a potential company-making 652 million barrels of oil following up last year’s Merlin 1 discovery.

The West 88E 2 months ago
88 Energy (ASX:88E) kicks off drilling of Merlin-2 oil well

88 Energy (88E) begins drilling the Merlin-2 oil well within its Project Peregrine in Alaska Drilling is planned to reach a total depth of 8,000 feet and is following up the company’s initial well, Merlin-1 The company is targeting a net e...

themarketherald.com.au 88E 2 months ago
88 Energy kicks off Merlin-2 appraisal well drilling

The appraisal well will test targets estimated at some 652mln barrels of oil.

Proactive Investors 88E 2 months ago
88 Energy eyes resource update at Icewine amidst neighbour's success

88 Energy said the prospective resource report for Project Icewine is expected in the first half of 2022.

Proactive Investors 88E 2 months ago
88 Energy gains confidence from success of neighbours

88 Energy’s Project Icewine in Alaska has received a major boost after light oil was recovered across a brace of separate production tests at a neighbouring well about 4.5 kilometres away.

The West 88E 2 months ago
88 Energy (ASX:88E) notes nearby oil discovery to Icewine

Pantheon Resources’ has recovered light oil during two separate production tests at the Talitha-A well, 4.5 kilometres north of 88 Energy’s (88E) Project Icewine 88 Energy believes targets from Pantheon extend into its Project Icewine acre...

themarketherald.com.au 88E 2 months ago
Why the 88 Energy (ASX:88E) share price has jumped 29% in a week

The 88 Energy Ltd (ASX: 88E) share price has jumped significantly this week. The price movement coincides with updates on two of the oil and gas explorer’s Alaskan projects — including a rig mobilisation and an oil interception. At the t...

Motley Fool 88E 2 months ago
88 Energy targets massive oil reservoir in Alaska

88 Energy Limited is poised to spud the Merlin-2 well at its wholly owned Peregrine oil project in Alaska. Merlin-2 is targeting a massive 652 million barrels of oil and success could transform the company.

The West 88E 2 months ago
88 Energy (ASX:88E) gears up to spud Merlin-2 oil well in Alaska

88 Energy (88E) prepares to spud the Merlin-2 appraisal well within its Project Peregrine in Alaska With pre-spud operations nearing completion and the drilling rig mobilised to the appraisal well, spudding is scheduled for next week The w...

themarketherald.com.au 88E 2 months ago
88 Energy to acquire producing assets in Texas

"The acquisition of Project Longhorn provides 88 Energy with immediate cash flow and direct exposure to any further strengthening in energy prices,” said chief executive Ashley Gilbert. 

Proactive Investors 88E 3 months ago
88 Energy increases US footprint with Texas deal

Alaskan explorer 88 Energy has increased its US presence with the purchase of a 75 per cent stake of Texas oil player Big Horn Energy who is currently producing around 300 barrels of Permian Basin oil per day.

The West 88E 3 months ago
88 Energy (ASX:88E) acquires working interest in Project Longhorn, Texas

88 Energy (88E) acquires a roughly 73 per cent average net working interest in established conventional oil and gas production assets in Texas The oil and gas production assets, known collectively as Project Longhorn, are located in the Pe...

themarketherald.com.au 88E 3 months ago
88 Energy says placing was oversubscribed, reveals move for Permian basin assets

"Completion of this placement ensures 88 Energy is funded to undertake the full suite of targeted appraisal activities at the Merlin-2 well.”

Proactive Investors 88E 3 months ago
88 Energy (ASX:88E) in ‘oversubscribed’ $32m capital raise for Merlin-2 oil well in Alaska

88 Energy (88E) share placement raises $32 million in an “oversubscribed” bookbuild to institutional and sophisticated investors The placement comprises the issue of 914.28 million company shares at a price of 3.5 cents each, representing...

themarketherald.com.au 88E 3 months ago
88 Energy launches equity raise as investors look forward to March well

It follows news that 88 Energy got the green light for its planned Merlin-2 well, to spud next month.

Proactive Investors 88E 3 months ago
88 Energy gets green light for Alaska well

“We look forward with excitement to the drilling of the highly anticipated Merlin-2 appraisal well," said managing director Ashley Gilbert.

Proactive Investors 88E 3 months ago
88 Energy (ASX:88E) in trading halt pending cap raise

88 Energy (88E) has entered a trading halt regarding an upcoming capital raise Prior to entering the halt, the company announced receiving a permit to drill the Merlin-2 well in Alaska A rig has been commissioned and is mobilising to the s...

themarketherald.com.au 88E 3 months ago
88 Energy locks in March date for Alaskan well

Alaska-focused oil explorer 88 Energy will drill the highly anticipated Merlin 2 well in March following the completion of the access road to site and the commissioning of the contracted drilling rig.

The West 88E 3 months ago
Listed oil explorer 88 Energy raising $20m

Listed Alaska-focused oil explorer 88 Energy was rattling the tin for $20 million this morning.

AFR 88E 3 months ago
88 Energy (ASX:88E) gets the green light to drill Merlin-2 well

88 Energy (88E) gets the green light to drill its Merlin-2 appraisal well The Bureau of Land Management approved the company’s permit to drill the Merlin-2 appraisal well, located within Project Peregrine in Alaska Commissioning of the Ar...

themarketherald.com.au 88E 3 months ago
Closing Bell: When Doves laugh, interest rates stay Lowe

The S&P/ASX200 climbed into the close on Tuesday. Most of the 35 or so point gain (0.5%)  comes off the back of some good, steady central banking, delivered – nay, telegraphed – at 2.30pm when the Reserve Bank (RBA) left the cash rate a...

Stockhead 88E 3 months ago
January Winners: These ASX microcaps got going when the going got tough

It was a rough month for equities, but the ASX microcaps January winners list still made for positive viewing. For context, a quick rewind to 2021 is in order (what a year). In just 12 months, there were more than 180 IPOs on the ASX (quick...

Stockhead 88E 3 months ago
Promising Results so Far… But there is Some More Work to Do…

Today 88 Energy (ASX: 88E) announced the interpretation of its ‘logging while drilling’ data. The progress results to date indicate multiple potentially hydrocarbon bearing zones have been encountered whilst drilling.

nextinvestors.com 88E 4 months ago
88 Energy ASX - What Just Happened?

In the last few weeks 88 Energy (ASX: 88E) ran up over 1,000% on speculation of a huge, gushing oil result… Today the 88E share price has taken a healthy reality check (in other words it got smashed from its highs) on what was actually quit...

nextinvestors.com 88E 4 months ago
Oil Discovery? 88E’s Lab Results Reveal More...

Today 88 Energy (ASX: 88E | OTC: EEENF) released an announcement on additional lab results from its most recent drilling campaign. This was definitely 88E’s best ever drilling outcome to date, despite the operational issues that occurred du...

nextinvestors.com 88E 4 months ago
88E back to 100% ownership of 1.6 billion barrel project

Alaskan oil explorer 88 Energy (ASX: 88E | OTC: EEENF) has cut a deal to buy back its 1.6 billion barrel Project Peregrine, and now holds 100% of it once again.

nextinvestors.com 88E 4 months ago