Articles On 88 Energy (ASX:88E)

Stockhead’s Top 10 at 10, published 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 in percenta...

88 Energy is poised to launch into the critical flow-testing phase for the Hickory-1 well at its Phoenix project in Alaska after commissioning its rig and finishing off the construction of its ice pad.

88 Energy is poised to launch into the critical flow-testing phase for the Hickory-1 well at its Phoenix project in Alaska after commissioning its rig and finishing off the construction of its ice pad.

Highlights Rig commissioning and construction of Hickory-1 ice pad have been concluded. Final preparations for Hickory-1 well are progressing well with the completion of Rig-111 mobilisation and related services expected to occur in 7-...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

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The ASX releases top 20 stocks by volume on a daily basis Why is volume data important for investors? And how do chartists interpret trading volumes?   The ASX releases a top 20 trading volume list on a daily basis. Here’s one for the 6th...

Highlights Hickory-1 well flow test permitting has been concluded with recently received approval of the AOGCC frac sundry permit. Ice pad construction and rig commissioning is underway. All American Rig-111 and operations equipment m...

Highlights In mid-February 2024, Hickory-1 well flow testing program is expected to start. The two primary targets under the campaign are Slope Fan System (SFS) and Shelf Margin Deltaic (SMD). Separate testing of each zone will be con...

Highlights 88E has successfully completed a bookbuild to raise AU$9.9 million. The company had cash reserves of AU$9.4 million, as of 31 October 2023. Focus is on delivering successful flow testing of multiple reservoirs at the Hickor...

The ASX benchmark has ended Tuesday higher 8 of 11 sectors in the green Small caps led by Plenti Group (ASX:PLT), InteliCare (ASX:ICR) The local market has trimmed some of its early gains (wussed out) after jumping out of the blocks in...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by...

Highlights 88 Energy has executed a farm-in agreement to earn a 45% working interest in PEL 93 in Namibia The agreement will provide 88E access to a lead portfolio, including ten independent structural closures detected after multiple...

88 Energy has revealed it will earn a 45 per cent interest in 18,500 square kilometres of onshore petroleum acreage in Namibia’s Owambo Basin in a diversification from its Phoenix operation in Alaska.

88 Energy has certified an additional 250 million barrels of oil equivalent in its best estimate of gross contingent reserves within the basin floor fan reservoir at its Phoenix project in Alaska.

Highlights Maiden contingent resource estimate concluded for the BFF reservoir at Project Phoenix Independently certified contingent resource assessment has been prepared by NSAI, which confirms discovery status for the BFF reservoir...

88 Energy hopes to bolster its Phoenix project in Alaska this month by certifying a maiden contingent resource for the lower basin floor fan reservoir drilled in March.

Benchmark ASX index closes ahead +0.19% Materials lead ASX sectors on Tuesday Small caps led by ERW, NMR   Local markets have struggled to hang onto early gains after a mixed run on Wall Street overnight. The benchmark ASX200 (XJO) index...

Benchmark ASX index closes -0.6% lower, but gains for the week ASX Sectors led by Utilities which jumped +5.0% since Monday Small caps led by HOR, FTZ, SWF   The ASX200 has closed lower on Friday, ending the session -0.6% lower, but ahe...

Stockhead’s Top 10 at shortly-before-11-ish, fuelled by caffeine and rage, because it’s Friday and those are the only two things I have in sufficient quantity to produce any kind of energy today. Top 10 highlights the best (and sometimes wo...

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, that made announcements today.   ICYMI Leade...

Namibian oil explorer Pancontinental Enegy could be on the verge of big things, says broker Namibian uranium stock Bannerman also got big price target  Pancontinental could double on Namibian offshore drill Broker Euroz Hartleys has init...

Stockhead’s Top 10 at shortly-before-11-ish, published in a slightly hurried manner this morning because one of my neighbours is being evicted and it’s starting to look a lot like there could be a spot of biffo out in the street – which mea...

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...

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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...