Articles On 88 Energy (ASX:88E)

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.   WINNERS Scr...

With the oil price continuing to hit multi-year highs and the S&P/ASX 200 Energy Index (ASX:XEJ) hovering in the vicinity of 8200 points, up nearly 70% from its COVID crash low of about 5000 points last March, it may be time to look at...

88 Energy has confirmed the presence of hydrocarbons in core samples from depths that showed good oil flows during drilling of the Merlin-1 well at its Peregrine project in Alaska, where it is targeting a resource of 645 million barrels of...

The Alaska explorer said it is highly encouraged by the preliminary results received to date from the Merlin-1 testing programme.

ASX gas stocks Red Sky Energy (ASX:ROG), Talon Petroleum (ASX:TPD) and State Gas (ASX:GAS) were among a horde of gas stocks releasing updates this morning – and none got the enthusiasm that greeted their peers earlier in the year. The oil a...

"This is a transaction which accelerates the realisation of value of the Alaskan Oil and Gas Tax Credits and the early repayment of outstanding debt due to be repaid by the end of 2022,” said Ashley Gilbert.

ASX-listed 88 Energy is cutting more than US$1 million of annual finance costs and adding US$2.6 million to its treasury with the early receipt of funds from a US$18.7 million sale of oil and gas tax credits in Alaska.

88 Energy Limited (ASX:88E, AIM: 88E, OTC:EEENF) has entered into an agreement that will facilitate the sale of all the Alaskan Oil and Gas Tax Credits currently held by Accumulate Energy Alaska, Inc, a 100% owned subsidiary of 88 Energy. T...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

88 Energy has moved to 100 per cent ownership of the Peregrine oil project in Alaska, USA, by acquiring the half share of its partner, Alaska Peregrine Development Company. The pair have been targeting resources of more than one billion bar...

The parties agreed that the greatest value would be obtained via 88 Energy acquiring APDC's interest in the 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.

The 88 Energy Ltd (ASX: 88E) share price is falling hard in morning trade, down 9%. Below we take a look at the ASX energy share’s latest acquisition announcement. What acquisition announcement did 88 Energy make? 88 Energy’s share price i...

88 Energy Limited (ASX:88E; AIM:88E; OTC:EEENF) has entered into an agreement with Alaska Peregrine Development Company, LLC (APDC) that will facilitate continuation of the exploration program at Project Peregrine next winter. Project Pereg...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

–The below is a company-sponsored announcement– At the start of 2021, the first six ASX-listed companies began improving their Environmental, Social and Governance (ESG) credentials and reporting their progress against the World Economic...

At the start of 2021, the first six ASX-listed companies began improving their Environmental, Social and Governance (ESG) credentials and reporting their progress against the World Economic Forum’s 21 universal ESG metrics, using “ESG on-ra...

It is acquiring Alaska peer XCD to expand its exploration footprint.

"The presence of oil is highly encouraging particularly given that the two most prospective horizons were not able to be sampled due to operational issues," the company said.

"The presence of oil is highly encouraging particularly given that the two most prospective horizons were not able to be sampled due to operational issues," the company said

ASX-listed 88 Energy has returned evidence of oil from down hole sampling of the Merlin-1 well at its Peregrine project in Alaska. Observations of fluorescence on side-wall cores under UV light have also identified multiple horizons showing...

88 Energy (ASX:88E | OTC: EEENF) has today updated the market with regard to operations on the North Slope of Alaska. 88E has alerted the market to: Encouraging evidence of oil in downhole samples being investigated in laboratory. Addition...

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...

The management changes come as the company continues exploration efforts in Alaska.

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

"The oil shows and other encouragement seen in the Merlin-1 well bodes well for the potential at Project Peregrine," said Dave Wall.

"The oil shows and other encouragement seen in the Merlin-1 well bodes well for the potential at Project Peregrine," said Dave Wall.

After a horror 2020, the ASX oil and gas sector has bounced back with nearly a dozen microcaps more then doubling. Many industries reliant on oil and gas, such as air travel, ground to a halt when COVID-19 first broke out, leading to oil pr...

The company ended the quarter with a healthy cash balance.of A$20mln.

The company ended the quarter with a healthy cash balance.of A$20mln.

ASX small cap oil plays got back on the boil in March, so we asked an expert about the price outlook for the year ahead. Prices for Brent crude oil (the global benchmark) will push towards $US70 a barrel through the middle of this year befo...

Access to placements run by ASX listed companies have traditionally been exclusive to clients of the broker lucky enough to get hired but that’s been changing in recent years. Platforms such as Fresh Equities and 180 Markets have given a br...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Source: vintagetone,Shutterstock Summary Cleanaway Waste Management Ltd announced that it had entered into a deal to take over Suez Group’s Australian recycling and recovery business. The Australian waste management firm said that it...

ASX-listed 88 Energy has spied evidence of oil in multiple reservoir sandstone samples recovered downhole after logging multiple potential pay zones in its Merlin-1 test well drilled on Alaska’s oil-rich Arctic North Slope.

“Whilst these results are confirmatory of the cuttings data and were expected, it is reassuring to see," said Dave Wall.

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The S&P/ASX 200 (ASX: XJO) opened higher on Wednesday and followed a strong US lead on Tuesday, adding 0.8% with the industrials and IT sectors the key drivers. On Tuesday, the ‘risk-on’ mood boosted Afterpay Ltd (ASX: APT) by 10% and c...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

The ASX picked up where it left off before the Easter break with another day of gains. The ASX 200 rose 0.84 per cent to 6,886 points and the ASX Emerging Companies Index rose 1.17 per cent, closing at 2,036 points. Utilities and energy wer...

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...

In afternoon trade the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a strong gain. At the time of writing, the benchmark index is up 0.95% to 6,894.1 points. Four ASX shares that have failed to follow the market hig...

This morning has been a volatile one for the small cap oil and gas sector on the ASX with three stocks falling by over 60 per cent and four others making the top 10 in early trade.   88 Energy plunges One of the ASX’s losers in oil was 88 E...

The 88 Energy Ltd (ASX: 88E) share price was sliced in half on Tuesday morning after an update related to its Peregrine project in the National Petroleum Reserve in Alaska (NPR-A).  At the time of writing, the 88 Energy share price is down...

88 Energy Limited (ASX:88E, AIM: 88E, OTC: EEENF) has provided an update in relation to its operations in the NPR-A region of the North Slope of Alaska with initial petrophysical interpretation data indicating several potential pay zones in...