Articles On 88 Energy (ASX:88E)

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...

ASX slides to a 1.0% dip as Hump Day fails to live up to its name. Unemployment has to rise to ease inflation, according to very-employed RBA chief. Omnia Metals (ASX:OM1) leads the winners worth watching among Small Caps today.   The ASX...

88 Energy is set to get the drill bit spinning at its Hickory-1 well target on Alaska’s North Slope after the state’s Oil and Gas Conservation Commission handed the company an all-important Permit to Drill.

88 Energy (88E) raises $17.5 million through an oversubscribed share placement to support drilling and exploration work in Alaska The company will issue over 1.8 billion new shares at just under a cent a share to raise the funds — a 20.8...

Highlights 88 Energy has completed a placement to raise AU$17.5 million (before costs) at an issue price of AU$0.0095 per share. The company has secured the Permit to Drill for the Hickory-1 exploration well. 88E plans to imminently c...

King Charles III loses coveted job of lurking on Australia’s $5 notes Adani down in the dumps after binning its multi-billion dollar cake sale Spacetalk heads for the moon on news the company’s found itself a new CEO   The ASX has had yet...

Stockhead’s Top 10 at 10, published shortly after 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 bigg...

The ASX 200 rose again, up 0.53% on lower than normal volume ASX XEC also up 0.79% 10 out of 11 sectors were in the green   The ASX 200 gained 0.53% today and so did the ASX XEC, which was up 0.79%, and a total of 10 out of 11 sectors wer...

88 Energy has sealed a rig contract agreement with Nordic-Calista to use one of the company’s rigs to launch drilling operations at its Hickory-1 oil exploration well on Alaska’s North Slope by March next year.

88 Energy (88E) executes a rig contract with Nordic-Calista to drill the Hickory-1 well on the Alaskan North SlopeThe Hickory-1 well will appraise six reservoir targets and 647 million barrels of oil within the Icewine East area, which has...

Highlights 88 Energy (ASX:88E) has executed a Rig contract for Hickory-1 exploration well drilling operations 88E will be using Nordic-Calista LLC’s (Nordic) Rig-2 for the drilling operations As per the company, Hickory-1’s planning a...

Captivate Energy Alaska, a wholly owned subsidiary of ASX-listed oil and gas explorer 88 Energy could soon pick up ten leases spanning over 25,000 acres in Alaska’s North Slope after a successful tender process

88 Energy’s (88E) subsidiary Captivate Energy Alaska is awarded 10 leases on the North Slope of AlaskaThe subsidiary was declared the highest bidder for the new acreage which covers 25,600 acres and will be collectively known as “Project Le...

Stockhead’s Top 10 at 10 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 in percentage terms. The market opens at...

Highlights 88 Energy (ASX:88E) has finalised the drilling location for the planned 1H 2023 exploration well at Project Icewine East leases. The recently completed interpretation of the available 3D seismic data set, along with Icewine-...

88 Energy is locking onto a new exploitation target at its Icewine East oil project on Alaska’s North Slope after examining a batch of newly acquired seismic data. The well could be drilled next year.

88 Energy (88E) selects the location for its planned Hickory-1 exploration well in Alaska after reviewing some key 3D seismic data from its Icewine East lease areaThe company says its interpretation of key Franklin Bluff 3D seismic survey d...

The ASX200 is down 0.24% dragged down by the tech sector Eight out of eleven sectors were lower, with Tech leading the losers CBA says the unemployment rate is at its lowest in 48 years   Despite creeping up earlier in the week the ASX 20...

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...

88 Energy (88E) taps private investors for $14.9 million through a share placement to support its planned Icewine East 2023 oil exploration program in Alaska The company will issue approximately 1.65 billion shares at 0.9 cents to raise th...