Articles On 88 Energy (ASX:88E)

2021 is set to be another big year for ASX capital raisings with solid volumes so far in 2021. In the first nine weeks of the new year, ASX companies have raised over $1.96 billion. Although this is lower than the $3 billion raised in the f...

“Success at Merlin-1 would be transformational," says managing director Dave Wall.

88 Energy Limited (ASX:88; AIM 88E) has advised that pre-spud operations are now entering the final phase as Rig 111 makes it way to the drilling location for Merlin-1, and that the spud date is now scheduled for next Monday, 8 March. The M...

The Merlin prospected was estimated a year ago to possibly host some 645mln barrels of oil and it will be testing in the coming weeks.

It was another eventful week in the junior oil and gas sector.

Drilling is slated to start in early March and will take up to four weeks

88 Energy (ASX:88E) is less than two weeks away from penetrating Project Peregrine's potentially prospective petroleum pocket.

ASX-listed oil and gas explorer, 88 Energy is set to spud the Merlin-1 oil well at its Project Peregrine on the North Slope of Alaska early next month. The company has recently rattled the tin for $12 million in a heavily oversubscribed cap...

88 Energy Ltd (ASX:88E) has provided a promising update in relation to its operations in the NPR-A region of the North Slope of Alaska. The company has confirmed mobilisation of Rig-111 to the Merlin-1 drilling location, and drilling is exp...

The Alaska explorer plans to bolster its funds ahead of new well drilling, and, it also announced that managing director Dave Wall will leave the company in May.

88 Energy (ASX: 88E) is a junior oil explorer that is determined to hit the next multi-billion barrel oil discovery on the North Slope of Alaska. Today, 88E announced that a group of US oil investors have agreed to pay for almost the entire...

Oil has rallied to 10 month highs. Momentum is clearly building in 88 Energy Ltd (ASX: 88E | AIM: 88E), and that looks set to continue given the company has a highly active 6-8 weeks ahead of its drilling.

It was another active week in the small-cap oil and gas sector

The permit to drill was approved on January 29, before an expected spud date of February 12.

The permit to drill was approved on January 29, before an expected spud date of February 12.

A week after new US President Joe Biden sent a shudder through the American petroleum sector with his decision to temporarily halt future oil & gas property leasing, Australia’s 88 Energy is preparing to commence a critical drilling cam...

Our Alaskan oil explorer 88 Energy (ASX:88E) went into a trading halt at that time to get to the bottom of what was going on and how it might have impacted its current projects... This morning 88E announced it has secured a permit to contin...

88 Energy Limited (ASX:88E: AIM:88E) has provided a promising update in relation to its operations in the NPR-A region of the North Slope of Alaska. Management confirmed that its Permit to Drill has been approved for the Merlin-1 well, loca...

It was another busy week in the small-cap oil and gas sector.

“We are fortunate to have strong local support in Alaska and, as a result, will soon be back on track for the drilling," managing director Dave Wall said

–The below is a company-sponsored announcement– 88 Energy ((88E)) : (AIM:88E) has provided an update relating to its operations on the North Slope of Alaska. Today’s update discusses 88E’s mobilisation of snow road construction equipment...

88 Energy (ASX:88E: AIM:88E) has begun its mobilisation of snow road construction equipment to its Merlin-1 drill site on the North Slope of Alaska. Merlin-1 is located at 88E’s Peregrine Project in the NPR-A region of the North Slope. So f...

The explorer advanced farm-out activities, planning for future programmes and expanded its footprint in the North Slope region of Alaska

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Summary 88 Energy Limited executed a Sale and Purchase Agreement concerning the acquisition of the Umiat Oil Field. Umiat was historically discovered in 1945 and lies immediately close to southern border of Project Peregrine. 88E look...

On Stockhead today, Morningstar picks a half-price bargain, gold’s losing the battle against Bitcoin, and how to back the return to office boom. But first…   The day ahead TRADING HALTS The following companies are in trading halts and are e...

It is an opportunistic deal that bolsters the portfolio of projects on Alaska's North Slope.

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88 Energy has added a historic oil project to its armoury of petroleum assets picking up the old Umiat oil discovery that sits immediately south of its Project Peregrine on the North Slope of Alaska.

Momentum is clearly building in 88 Energy Ltd (ASX: 88E | AIM: 88E) and that looks set to continue, given the company has a highly active 6-8 weeks ahead of it.

Just days after 88 Energy Limited (ASX:88E; AIM 88E) confirmed that it was on track for the scheduled February spud of the Merlin-1 well at Project Peregrine, North Slope of Alaska, management has announced further promising news in relatio...

"Tract 29 is considered highly prospective as there is evidence of existing discoveries to the west extending into this area,” said managing director Dave Wall

Summary 88 Energy Limited has been engaged in undertaking various key activities for the development of its project portfolio. The Company is progressing with a construction of a snow road for drilling of its Project Peregrine and the...

ASX-listed oil and gas explorer, 88 Energy says the planned spudding of the Merlin-1 well at its Project Peregrine on the North Slope of Alaska remains on track to go ahead next month.

88 Energy Limited (ASX:88E; AIM:88E) informed the market today that it remained on track for the scheduled February spud of the Merlin-1 well at Project Peregrine, North Slope of Alaska. Merlin-1 will target the Nanushuk topset play that ha...

The explorer is counting down to drilling, which is set to start in six to eight weeks' time

With the Dow having rallied approximately 200 points on the last day of the calendar year and the ASX 200 up by about 1.5% on the first day of trading for 2021, it seems that investors are whetting their appetite for some strong gains in eq...

Summary 88 Energy Limited has laid out its plan for its way ahead to explore multiple high-quality assets in the portfolio. 88E stock witnessed an uptick of 12.5% intraday after the Company announced this update on ASX. 88E remains op...

–The below is a company-sponsored announcement– 88 Energy Ltd ((88E)); AIM:88E) this week executed its drilling contract to drill the Merlin-1 and Harrier-1 wells for Project Peregrine on the North Slope of Alaska. In fact, the Alaska Nor...

Summary 88 Energy Limited has implemented farmout at the Project Peregrine through executing definitive documents with Alaska Peregrine Development Company LLC. APDC shall contribute US$11.3 million towards the cost of the Merlin-1 wel...

“Drilling at Project Peregrine is moving ahead as planned and we are only 3 months away from spud," said Dave Wall, chief executive.

“Drilling at Project Peregrine is moving ahead as planned and we are only 3 months away from spud," said Dave Wall, chief executive.

88 Energy Limited (ASX :88E; AIM 88E) has executed the drilling contract to drill the Merlin-1 and Harrier-1 wells for Project Peregrine on the North Slope of Alaska. Further highlighting the company’s imminent drilling campaign is manageme...

The junior oil and gas sector made a busy start to December.

The junior oil and gas sector made a busy start to December.

Managing director Dave Wall described the deal as a "major coup for shareholders"

Alaskan oil and gas explorer 88 Energy Ltd (ASX:88E) has negotiated an important farmout agreement in relation to its Project Peregrine asset located in the NPR-A region of the North Slope of Alaska. This is a significant milestone for the...

Small cap oil explorer 88 Energy (ASX: 88E) has confirmed funding details for the drilling of its Merlin-1 well at its Project Peregrine on the North Slope of Alaska.

Summary 88 Energy has finalised the bookbuild for a placement to raise around A$10.07 million before costs. Each of 88E’s Directors intends to participate in the placement by subscribing for a total of 11,666,667 new ordinary shares. T...

88 Energy Limited (ASX:88E; AIM 88E) has completed a bookbuild to domestic and international institutional and sophisticated investors to raise up to AU$10.07 million before costs through the issue of up to 1,678,333,334 fully paid ordinary...