Articles On 88 Energy (ASX:88E)

"The Charlie-1 well has been four years in the making for 88 Energy, beginning in 2016 when we first acquired 2D seismic over our project Icewine acreage"

"The Charlie-1 well has been four years in the making for 88 Energy, beginning in 2016 when we first acquired 2D seismic over our project Icewine acreage"

Shares in 88 Energy Ltd (ASX:88E) opened 16% higher on Tuesday morning as the company announced that it had commenced drilling the much anticipated Charlie-1 appraisal well in Alaska. The company’s share price has held up very well despite...

–The below is a company sponsored announcement– Alaskan focused oil and gas group, 88 Energy Ltd provided a further update on Monday regarding the progress of the group’s Charlie-1 appraisal well on the North Slope of Alaska. With the rig...

Following the team-up deal with Premier Oil the AIM and ASX quoted explorer is looking forward to the start of drilling, in late February.

The Nordic Calista Rig-3 has been mobilised and is now barrelling down Alaska’s Dalton Highway from Deadhorse to Mile 386 en route to its final destination at 88E’s Project Icewine.

The spudding of 88 Energy’s high impact Charlie-1 oil appraisal well in Alaska is fast approaching with ice road construction now 80% complete.

Dual listed junior oil explorer 88 Energy Limited (AIM:88E | ASX:88E) is now just weeks away from spudding its Charlie-1 appraisal well at Project Icewine on the North Slope of Alaska. The drilling event at Charlie-1, which is on track for...

A permit to drill has now been awarded, the ice road is more than 80% complete and rig mobilisation is slated to start in around ten days.

With the benchmark West Texas Intermediate (WTI) trading briefly below the $US50-per-barrel floor at the beginning of this month, questions are being raised again about whether US shale oil producers can ride out the continued uncertainty i...

Unsolicited demand for shares was amongst the catalysts for the pre-drill placing, 88 Energy revealed

88 Energy (ASX:88E) has announced it will raise $5 million for its Alaskan project, through a placement It will issue 238 million shares at a price of 21 cents per share Funds will be used to identify new opportunities at the North slope o...

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...

The group said it is currently intended that any such capital raising will utilise the company's existing authorities and will not be subject to shareholder approval

Oil and gas explorer 88 Energy has gone cap in hand in front of investors on Wednesday morning as it hunts for fresh equity to strengthen its balance sheet.

Junior explorer XCD Energy (ASX: XCD) has unveiled a maiden prospective oil resource of 1.6 billion barrels (net of Government and other royalties) for its wholly-owned Project Peregrine on Alaska’s North Slope. The company emerged from a t...

Charlie-1 will intersect seven stacked prospects, four of which are considered appraisal targets.

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 Malguk-1 discovery

It was another reasonably busy week in the oil and gas sector.

With the new year upon us, Alaska’s North Slope is a hub of activity with numerous explorers big and small alike gearing up for drilling programs with the hope of making another big oil discovery on the prolific North Slope. ConocoPhillips...

"The New Year is off to a busy start for the Alaska operations team with all activity progressing as planned,” said managing director Dave Wall

Financial market news was fairly light on last week as many people remained on holiday and headlines were dominated by harrowing tales out of Australia’s bushfire ravaged regions along with escalating US-Iran tensions. While trading volumes...

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...

Oil prices are poised to enter 2020 at a higher level than they did a year ago with the benchmark Brent Crude trading up nearly 24 per cent $US66.67 ($95.24) per barrel, while the West Texas Intermediate gained 35.8 per cent to $US61.66 per...

Drilling is scheduled to commence in February 2020 with flow testing anticipated to conclude in April 2020

Oil and gas explorer Red Emperor Resources (ASX: RMP) has inked a deal to acquire up to a 70% stake and the right to operate a large offshore oil and gas block in the shallow waters of Western Australia’s North Perth Basin. The junior today...

88 Energy and its partners may be sitting on a plus-billion oil barrel bonanza at its Project Icewine JV in Alaska, where drilling is set to start.

Investors in AIM-quoted 88 Energy are looking forward to February's Alaska well in partnership with Premier Oil.

88 Energy Limited (ASX:88E) has provided an update ahead of the upcoming drilling of the Charlie-1 appraisal well at Project Icewine, located on the Central North Slope, Alaska. Management confirmed that all conditions precedent to the farm...

Diversified Explorer, 88 Energy Limited (ASX, AME: 88E) is a dual listed firm that operates/manages four active exploration projects, spread across ~250,000 net acres, in the Alaskan North Slope, named as: Project Icewine Unconventional, Pr...

88 Energy is on the cusp of drilling the biggest well of its now 5-year long journey in Alaska. The well, Charlie-1, is a step-out to a well drilled by BP in ...

–The below is a company sponsored announcement– An exploration renaissance is underway at Alaska’s North Slope basin — a region boasting a long history of successful oil discoveries. The renewed industry interest can largely be attributed...

The countdown is on for the spudding of 88 Energy’s (ASX:88E | AIM:88E) fully funded appraisal well on the Alaskan North Slope. At the Company’s Project Icewine, the Charlie-1 appraisal well is on track for February 2020 drilling and it’s s...

Alaska-focused XCD Energy (ASX: XCD) has engaged a local oil and gas expert as an advisor to its board to help drive Project Peregrine’s exploration initiatives on the North Slope. The onshore oil explorer today announced the appointment of...

“Charlie-1 will intersect seven stacked prospects, four of which are interpreted as oil bearing in Malguk‑1 and are therefore considered appraisal targets”

88 Energy has provided an update on the upcoming drilling of the Charlie-1 appraisal well at Project Icewine on the proven Alaska North Slope basin. The company has executed a rig contract with Nordic-Callista Services via its subsidiary Ac...

A partnership deal with Premier Oil this summer put the explorer's Charlie project under the spotlight.

West Perth, Australia-based 88 Energy Limited (ASX: 88E) is engaged in the exploration and development of its oil and gas acreage. The company’s key ongoing operations include Project Icewine, Yukon Gold and Western Blocks, all located on t...

Next month the Premier Oil farm-out will complete, giving the new partner some 60% of the project.

88 Energy Limited (ASX:88E | AIM: 88E) has provided an update on the upcoming drilling of the Charlie-1 appraisal well at Project Icewine, located on the proven Alaska North Slope basin. Via its 100% owned subsidiary, Accumulate Energy Alas...

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.