Articles On 88 Energy (ASX:88E)

ASX 200 closes about 0.3% lower, down well over 2.2% for the week. Materials and Consumer discretionary weigh, Healthcare rises. Small caps led by Oliver’s Real Foods, which has leapt mightily despite having no fresh news.   The Aussie...

Stockhead’s Top 10 at shortly-before-11-ish, published the moment it becomes apparent that you’ve waited patiently enough and everyone’s being well-behaved at the start of each trading day. It highlights the best (and sometimes worst) perfo...

Stockhead’s Top 10 at shortly-before-11-ish, published once we’ve got numb3rs confirmed for how many people to expect at morning tea, and ordered sufficient donuts each trading day. It highlights the best (and worst) performing ASX stocks i...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

  ASX 200 closes -0.25% lower after RBA holds rates at 4.10% Only Consumer Staples, Healthcare and Industrial Sectors find some green Small caps dominated by Torque Metals   Aussie home owners have been given another month of grace time f...

88 Energy will flow test four reservoir zones in its Hickory-1 oil well in Alaska’s north during the coming winter operational season. The well is part of project Phoenix, previously known as Icewine East.

88 Energy will flow test four reservoir zones in its Hickory-1 oil well in Alaska’s north during the coming winter operational season. The well is part of project Phoenix, previously known as Icewine East.

Analysts predict ASX shares are poised to open lower this morning, given the lack of direction from Wall Street due to the US Labor Day holiday. However, with the RBA’s policy decision expected today and many anticipating a pause, the Au...

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...

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.

We have been following 88 Energy (ASX:88E) for many years and are delighted for them and long term holders this week with the company confirming the presence of light oil in the evaluation of their Merlin-1 well drilled earlier this year —...

News last week was that 88 Energy's (ASX:88E) drill rig has been contracted - another step in the journey towards the spudding of the Merlin-2 well. 88E’s Merlin-2 well is targeting 652 million barrels with a geological chance of success of...

ASX 200 closes about 0.5% higher after a half-decent lead in from Wall Street Material and Discretionary offset losses in Healthcare and IT  Small cap winners led by EML payments, GCX Metals   It was exciting stuff on Australian share ma...

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’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...

Perth-based 88 Energy has bolstered its 100 per cent-owned Peregrine oil project in Alaska, adding two new reservoir intervals to its Harrier prospect, with 180.1 million barrels of oil as a best estimate.

Oil explorer 88 Energy has further diversified its portfolio by buying into new oil-producing ground in West Texas. The company plans to drill again this year, with more increases to production rates expected.

Highlights 88E's new oil & gas production assets are situated in very close proximity to the existing Project Longhorn acreage All the proposed well locations, 88E confirms, are classified as low risk (accessing Proven reserves of...

Futures suggest the ASX will climb as the new financial year takes off, bolstered by hopes that the RBA will hit pause ahead of its next rates decision tomorrow. Here are some ASX-listed companies with news out today: Larvotto Resourc...

Highlights Project Leonis acreage was awarded to the company in April this year via its subsidiary (100% owned) Captivate Energy Alaska, Inc Reprocessing of the Storms 3D data has marked an improvement in seismic resolution and data qu...

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...

Oil explorer 88 Energy has confirmed it has multiple targets to test when the Alaskan winter kicks off in October. The company plans to immediately review reems of data in a bid to expand its oil resource.

Highlights 88E is developing flow test and well stimulation program with design experts by evaluating drilling and wireline logging data 2023 drilling and wireline program at Hickory-1 established the existence of numerous hydrocarbon-...

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...

Alaskan authorities have awarded 88 Energy the entire 10,291-square-kilometre Project Leonis lease area, south of the giant Prudhoe Bay oil field and north of its existing Phoenix operation and Hickory-1 well.

Highlights A wholly owned subsidiary of 88E has formally secured the award of the entire Project Leonis lease area. The project benefits from proximity to a historical well that indicated oil shows and calculated pay in the USB zone of...

Crude oil prices remain elevated – thanks in no small part to OPEC+ deciding that they really want oil prices above the US$80 per barrel mark and slicing their daily output by 1.16 million barrels in order to make this dream come true. The...

88 Energy will proceed to flow testing after confirming multiple hydrocarbon bearing pay zones at its Alaskan Hickory-1 oil well. Net pay was 137.1m and reservoir quality and size were better than expected.

Highlights 88 Energy has completed the wireline programme on the Hickory-1 well. As per the initial petrophysical interpretation, presence of several hydrocarbon bearing pay zones has been confirmed across all pre-drill targets. The c...

88 Energy has hit the pay zone after successfully drilling at its Alaskan Hickory-1 oil well. After reaching a total depth of 3,246 metres and through all levels, the explorer discovered a new oil reservoir.

ASX 200 benchmark closes 0.5% higher, thanks to Energy surge.  XTX All Technology index has the batteries back in, up 1.26% for the day. Liontown farm-in huge news for E-I-E-I-Olympia Metals.   Local markets opened higher this morning (+0...

The Brent crude oil benchmark has climbed more than 5% to US$84.17 per barrel after everyone’s favourite cartel OPEC and its allies unleashed a surprise output cut of about 1.16 million barrels per day. It was accompanied by Russia extendin...

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...

Highlights The total depth of 10,650 feet, with drilling by Nordic Calista Rig-2, at Hickory-1 well has been successfully achieved 88 Energy says a new reservoir is identified and operations at the site (part of Project Phoenix) are pr...

88 Energy has quickly escalated its chase for a lucrative 647 million barrels of oil by tapping into the giant Alaska North Slope basin with drills intersecting three primary reservoirs at its Hickory-1 well.

Highlights 88 Energy is an oil and gas explorer and the company is listed on Australia’s ASX as well as on other exchanges Hickory-1 exploration well has shown signs of potential hydrocarbon pay, indicated by interpretation of logging-...

88 Energy (88E) successfully drills its Hickory-1 surface hole at its Phoenix project in Alaska to a depth of 3570 feet The company says surface casing has been installed and cemented and the blow-out preventer (BOP) system tested succes...

The ASX clawed back some of its early losses in afternoon trade after the US Federal Reserve’s ninth consecutive rates hike set a bleak tone for the day. The ASX 200 retreated as much as 0.9 per cent this morning but fought off the worst...

ShareCafeMaterials sector weighs on shares as ASX falls by 0.67% by Peter Milios   At the closing bell, the S&P/ASX 200 was 0.67 per cent lower at 6,968.60, with 9 out of 11 sectors in the red. The materials sector was the worst perform...

North American explorer 88 Energy has revealed deep-diving plans to chase up to 647 million barrels of Alaskan oil in six target zones after successfully drilling its Hickory-1 surface hole to a depth of 1088m.

23 Mar 2023 - A snapshot of the stocks on the move featuring 88 Energy (ASX:88E), Kuniko (ASX:KNI) and Argonaut Resources (ASX:ARE).

ShareCafeAll sectors trading lower: ASX down 0.76% at noon by Peter Milios   At noon, the S&P/ASX 200 is 0.76 per cent lower at 6,962.60, with all 11 sectors experiencing losses. Materials performed the worst, dropping by 1.6 per cent....

ShareCafeStocks of the Hour: 88E, KNI, ARE                    88 Energy Limited (ASX:88E) announced that the Hickory-1 surface hole was successfully drilled. The Company anticipates the primary and secondary target zones to be interse...

Highlights 88 Energy is listed on multiple stock exchanges, including the listing on Australia’s ASX under the ticker 88E Hickory-1 surface hole has now been successfully drilled and Nordic Calista’s Rig-2 is prepping for further drill...

88 Energy has spudded its Hickory-1 well in Alaska, testing a sweet spot of seismic anomalies, with a 647m barrel oil target in a region that has been throwing up some success.

88 Energy has reached a key milestone in a major Alaskan oil basin with approval for leases on its Project Phoenix tenure. The company can now pursue further exploration and assess pathways to development.

Highlights 88 Energy is moving ahead with the formation of a unit over its Project Phoenix acreage. The development follows approval from the Alaskan Department of Natural Resources (DNR), Oil and Gas Division. The unit approval has e...

Alaskan oil explorer 88 Energy is one step closer to tapping into the massive Alaska North Slope oil basin. The company says with permits now in place it’s on track for the Hickory-1 well to spud in early March

Highlights Preparations are on track for the spudding of the Hickory-1 well during early March 2023. The Hickory-1 ice pad construction is nearing completion. Nordic Calista’s Rig-2 is expected to be soon mobilised to the Hickory-1 w...

88 Energy (88E) wraps up ice pad construction ahead of spudding its Hickory-1 well on the central North Slope of Alaska The company is preparing to spud the well early next month and says so far, operations are on schedule Nordic Cali...