Articles On 88 Energy (ASX:88E)

88 Energy is gearing up for a key horizontal well and production test at its Project Phoenix oil project on Alaska’s North Slope, backed by a free carry farm-in agreement with partner Burgundy Xploration.

88 Energy has secured 34,560 acres of leases which target the proven Ivishak sandstone with excellent reservoir quality on Alaska’s North Slope, directly south of Prudhoe Bay, North America’s largest oilfield.

The ASX200 has traded fairly flat today, kicking off Week 34 on an ambivalent note. Telecommunication was by far the best performing sector, followed by Real Estate, Financials and IT. Energy was the worst performing sector, followed...

Highlights: Energy sector focus drives activity in ASX small-cap space Gold exploration remains in spotlight amid resource updates Tech solutions companies show contract and expansion developments The ASX small-cap lan...

88 Energy has secured a 12-month extension for the company’s onshore Owambo Basin petroleum exploration licence in Namibia that will extend its first renewal exploration period until October 2026.

Australia’s S&P/ASX 200 rallied 4.20% in May along with global markets as US-tariff tensions eased All of 11 sectors gained in May, led by tech up almost 20% followed by energy and communication services  Dateline Resources surged 978%...

Highlights Energy and uranium stocks supported market strength amid global trade discussions ASX 200 rose alongside the ASX Small Ords and ASX 200 Resources indices Standout moves from TMX, MDR, ZIP, KLS and multiple uranium...

US Secretary of the Treasury Scott Bessent is expected to meet with senior Chinese officials on Thursday Oil price hike lifts Energy sector more than 2pc Healthcare weighs on market under tariff shadow, down more than 1pc   The ASX has bu...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks off in earnes...

Highlights: ASX marks seventh consecutive day of growth, adding over 1% to its value. Uranium stocks like Boss Energy (ASX:BOE), 88 Energy (ASX:88E), and others see significant upward movement. Commonwealth Bank (ASX:CBA) re...

Highlights asx 200 lifted in early trade following gains on the Nasdaq, with support from sectors including Healthcare, Financials, and Energy Dateline Resources (ASX:DTR) saw early activity following US developments on its rare...

ASX falls almost 1pc on Monday after setting new 20-day high last week Sectors in the red right across the board Falling oil price weighs heavily on Energy sector, down more than 2.8pc   An eighth day of gains just wasn’t to be for the AS...

Highlights: XPON Technologies completes acquisition of Alpha Digital, supporting AI service expansion Anax Metals secures cornerstone backing for Whim Creek joint venture advancement ASX 200 dips in early trade amid declines...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks off in earnes...

ASX has gained to cinch seventh straight session in the green 10 of 11 sectors on the up Bank index lifts 1.6pc as CBA hits record new share price high The ASX is on trajectory to return to pre-trade war highs after lifting for a seventh...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks off in earnes...

ASX recovers from early dip to post 0.24pc gain Tech stocks surge with sector up 4pc Energy and Materials weigh on gains, down more than 1pc each An after-hours surge in US tech stocks has lit the Aussie tech sector on fire, rocketing up...

Highlights: Core inflation returns within the Reserve Bank’s preferred range, easing policy tension ASX 200 maintains modest gains as rate-sensitive sectors show resilience Small cap movers led by lithium and agriculture sto...

Highlights: DY6 Metals (ASX:DY6) posted strong gallium assay results from its Malawi project, lifting its stock significantly Connected Minerals (ASX:CML) reported uranium exploration results from its Namibian prospect Intel...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks off in earnes...

ASX uranium stocks have soared after the US administration flagged U3O8 would be included in tariff exemption list Energy sector up more than 2pc, with Small Ords index close behind Utilities, Info Tech, Resources, Real Estate sectors all...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the top 10 data is taken at 10.15am, once trading kicks off...

Trump sprays Powell again as markets wobble ASX holds steady; banks and miners dig in Gold hits record, Aussie dollar jumps   The ASX was mostly treading water on Tuesday, closing flattish despite a rough start to the day. The market wobb...

Healthcare sector lifts 1.34pc, propping up ASX gains ETFs and banks lift financials 0.48pc Consumer staples, info tech and real estate sectors undercut early gains   It was a fair-to-middling day on the ASX, with the Aussie market paring...

Highlights ASX Energy Stocks led the market higher in early trade, with strong movement from companies transitioning to full-time production. Gold-related activity remained elevated, as exploration updates and capital raisings in...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks-off in earnes...

ASX climbs 1.34pc with 10/11 sectors in the green Base metal prices recover as USD falls Gold continues strong performance, remaining near all-time highs   It’s certainly a calmer start to the week for the markets today. Strong numbers fr...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks-off in earnes...

Highlights: China imposes new tariffs on US goods, triggering broad market declines All sectors on the ASX 200 impacted, with mining, energy, and banking leading losses Small caps show mixed results amid broader market volat...

ASX tanks 4pc, worst drop since may 2020 Gold, copper, Bitcoin hammered in global rout Abacus Storage King bursts up after receiving buyout proposal    The ASX has taken a big hit on Monday, dropping by 4% as it marked the worst one-day l...

ASX drops heavily as Trump’s tariffs spark chaos Energy stocks hit hard Breville and Ansell scramble to neutralise tariffs   The ASX copped another big drop on Friday, tumbling 2.44% as global markets went into freefall. For the week, the...

Trump’s tariffs shake markets, billions wiped off ASX Gold shines as trade war fears spark safe haven rush China, EU prep retaliation as global recession fears rise   Trump’s tariffs have hit markets hard, wiping almost $30 billion off th...

Despite a late upturn, the ASX 200 closed 0.38% in the red on Thursday Blame factor 1: Trump and his 25% US auto import tariffs, set to come into play early April Blame factor 2: A Wall Street tech rout, which Trump had a hand in, too   ...

In the arvo session the ASX 200 gave back much of its early strong gains ANZ’s hefty dip had a lot to do with that, although the staples, materials and utilities sectors also let the side down But… big gold producer Gold Road, along with I...

The ASX 200 pushed into the green on a choppy Monday Fears around Trump’s tariffs trade war somewhat quelled The index was propped up by discretionary and financials sectors, as well as a couple of big miners   After a slow start, the ASX...

ASX rebounds 1pc with tech and real estate leading the way Nanosonics jumps  after FDA gives approval Aussie job numbers dip, fuelling rate cut hopes   The ASX had a cracker of a session on Thursday, up by 1.2% as it registered the best o...

ASX rises on global optimism and China boost Energy and miners shine, Mineral Resources jumps after upgrade Copper hits five-month high, gold edges up   The ASX kicked off the week with a 0.75% bump as global sentiment surged. Today’s reb...

ASX bounces back with miners leading the charge US shutdown fears ease, giving markets a lift Myer and Liontown shine as big movers on the ASX   The ASX bounced back on Friday, shaking off a three-day losing streak and finishing 0.52% hig...

ASX takes another hit, Trump’s tariffs to blame Albanese ignored by Trump ahead of tariff bombshell Retailers, miners, banks slump   Things got a bit ugly on the ASX on Wednesday with the benchmark ASX 200 index taking another big hit, th...

ASX recovers from morning loss but tech sector hammered Tesla drops 15pc, Bitcoin struggles Star entertainment looks for $940m lifeline   The ASX had a (very) bumpy day on Tuesday, with$20 billion wiped out at one point, before it recover...

ASX bounces back but still under 8k mark Big moves in ASX 200 rebalance Cyclone Alfred eases, insurers up, Johns Lyng drops   The ASX managed to eke out a small gain on Monday, edging higher  by 0.18% after taking a dive to a six-month lo...

ASX dips as traders weigh China’s stimulus against Trump’s tariffs Miners soften blow but insurance stocks still taking hits Trump gives speech to Congress, here’s what he said…   The ASX had a bit of a ride on Wednesday, with a sharp dip...

ASX drops as Trump tariffs fuel market jitters Canada and China hit back with tariffs of their own Suncorp, Insignia and HCW down after bad news   The ASX had a bad Tuesday after Donald Trump confirmed he was going ahead with those tariff...

ASX rebounds as real estate, miners rise NRW Holdings slumps over Whyalla collapse mess Insurers hit hard as Cyclone Alfred looms   The ASX bounced back by 0.90% on Monday, shaking off the losses from last week even as the threat of loomi...

ASX slides again, seven losses in eight days Copper tariff talk spooks miners, Rio and BHP down Woolies, Platinum, and Flight Centre also take a hit   It was another rocky ride for local stocks today, with the ASX 200 benchmark down by 0....

ASX down, hits six losses in seven days Johns Lyng, Domino’s and Viva Energy hit hard Zip shines bright, while gold flirts with record highs   The ASX200 closed 0.7% lower on Tuesday, bringing its record to six losses in seven days. Today...

Banks lead ASX200 comeback  Tech sinks after Wisetech crashes on boardroom drama Reece, Iress slump, NIB and NextDC rise   The ASX had a rollercoaster Monday, with some wild swings, but by session close the benchmark ASX200 index was pre...

ASX hovers near one-month low, dragged by GYG and banks Domain soars on takeover bid RBA’s bullock admits slow rate hikes, while Alibaba rebounds   The ASX had a rough afternoon on Friday, with the market closing near its one-month low. D...

88 Energy has signed a farmout deal with US partner Burgundy Xploration. Burgundy will invest up to US$39m (A$61.3m) to fully fund future work programs at 88’s Phoenix oil and gas project in Alaska.

ASX closes in green after reaching new record high in morning trade Staples and tech stocks felt the love on Valentine’s Day Energy stocks and healthcare, however, got cold feet. Or the cold shoulder. Maybe both   The ASX leapt out of bed...