Articles On 88 Energy (ASX:88E)

88 Energy (ASX: 88E | AIM: 88E) is gearing up to drill one of the biggest oil wells in the world in 2020.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

A drone strike on a Saudi Arabian Aramco oil facility on Saturday cut the country’s oil production in half and removed about 5% of global supplies resulting in the biggest oil price surge on record. The supply disruption is the biggest to e...

88 Energy said it continues to receive third-party interest in the HRZ shale project for a farm out

Promising Australian oil and gas explorer, 88 Energy (ASX:88E), has banked $6.75 million from a successful capital raising. Together with existing cash reserves, proceeds of the placement will fund the company’s ongoing evaluation of its ex...

The new cash injection will be used to bankroll the additional costs of the Charlie-1 well over and above the expenditure being carried by its partner, Premier Oil

Coming after last month's farm-out to Premier the AIM-quoted explorer plans to raise AS$10mln with a placing.

The FTSE 250 group will pay the full costs of an appraisal well, dubbed “Charlie-1”, up to a total of US$23mln to test the reservoir deliverability of the Malguk-1 discovery

Premier Oil agreed to pay US$23mln of costs for the planned Charlie well.

Premier Oil will earn 60% in Area A of 88 Energy’s Project Icewine conventional oil rights in Alaska by drilling a USD$23m appraisal well.

Anticipation is building for Strike Energy (ASX:STX) and Warrego Energy (ASX:WGO) as they inch their way closer to the target formation at West Erregulla-2 in the Perth Basin. Operator strike told the market this morning that it had reached...

88 Energy (ASX:88E, AIM: 88E) has secured a farm-out for its conventional prospect portfolio at Project Icewine. The company has negotiated an agreement which will provide financial backing, exploration funding and technical expertise, whil...

88 Energy (ASX: 88E, AIM: 88E) has just attracted a farmout partner on its multi-billion barrel Project Icewine Conventional play.

A glance at some of the day's highlights from the Proactive Investors newswire

88 Energy will operate the Charlie-1 (i.e. Malguk-1) discovery well

Project Icewine is located on the Central North Slope, Alaska.

88 Energy has signed an exclusivity agreement with its preferred farmout partner for the Project Icewine conventional oil rights in Alaska.

The proposed farm-out is evidently moving forward, as the potential new partner has completed internal approvals.

88 Energy has all but completed the farm-out of the conventional oil rights at its Project Icewine in Alaska’s North Slope.

Currently capped at just A$100 million, 88 Energy (ASX:88E) is exploring for large scale, multi-billion barrel oil resources across the North Slope, onshore Alaska, and the company is gearing up for a significant amount of activity over the...

88 Energy (ASX:88E) is set to recommence production testing at Icewine#2 in just days.