Articles On 88 Energy (ASX:88E)

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...

"The OTCQB quotation provides 88 Energy with access to the world's largest investment market,” said managing director Ashley Gilbert

88 Energy has tipped a February spud date for its Merlin-2 well after announcing it has booked a rig, is building a road and is close to approval for the 8000-foot follow-up to 2021’s Merlin-1 oil discovery.

The follow-up to the Merlin-1 well is testing prospects estimated at some 650 mln barrels.

The follow-up to the Merlin-1 well is testing prospects estimated at some 650 mln barrels

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

The ASX is down -0.3% today with the information technology sector taking the cake for the biggest dip at ~3%, followed by the healthcare sector at more than 1.5%. The ASX Emerging Companies Index (XEC) has flatlined. For the second day in...

Merlin-2 is aiming at targets estimated at some 652mln barrels, seen previously in the preceding well.

Oil explorer, 88 Energy (88E), provides operations update for its Project Peregrine in Alaska’s North Shelf The appraisal for the spud of the Merlin-2 well is reportedly on track for February of next year, with a permit to drill expected b...

88 Energy is set to tap its Merlin-2 well in Alaska after pinpointing a location with the well targeting 652 million barrels of oil. An independent evaluation has given it a better-than-even chance of success.

The explorer had its pick of three possible locations.

88 Energy (88E) selects the site for the Merlin-2 well after deciding between two other sites east of Merlin-1 at its Alaskan Peregrine Project Drilling at Merlin-2 will tap into previously successful targets encountered in Merlin-1 earlie...

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...

88 Energy looks set to tap its Merlin-2 well that it says is prospective for some 652 million barrels of oil, after inking a deal with Doyon Drilling to use the company’s rig to test the Alaskan oil well.

"We are delighted to be working with Doyon for the upcoming drilling of the Merlin-2 appraisal well in early 2022,” said managing director Ashley Gilbert.

88 Energy (88E) executes a rig contract with Doyon Drilling to drill the Merlin-2 appraisal well at Project Peregrine in Alaska The company plans to drill the well to a total depth of 8000 feet using Doyon’s specialist “Arctic Fox” rig in...

The group has planned the Merlin-2 appraisal well for the first quarter in 2022

88 Energy (ASX: 88E)’s Alaskan oil well has already been drilled to 1,500 ft depth and A 645 million barrel oil target is just a few days from being pierced with the drill bit.

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...

Today 88 Energy (ASX: 88E) announced the interpretation of its ‘logging while drilling’ data. The progress results to date indicate multiple potentially hydrocarbon bearing zones have been encountered whilst drilling.

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 —...

ASX investors who took a bet on meme stocks experienced vastly differing returns but which stock they chose wasn’t the only factor determining how they went. Research by Openmarkets group covering 11 “ASX meme stocks” found that investors o...

The 88 Energy [ASX:88E] share price is up following a $24 million placement to fund drilling of Merlin-2 appraisal well. 88E’s share price is currently up 6%. The post 88 Energy Share Price Up on $24 Million Placement (ASX:88E) appeared fir...

The explorer launched the placing on Monday with an initial target to raise A$20mln

Local stocks struggled for traction in Wednesday trade, as the major indexes drifted sideways following a weak lead out of the US. Banks and energy stocks were up, offsetting falls in resources and consumer staples. There were few major cat...

Brokers Cenkos and EurozHartleys are undertaken a bookbuild for a share placing, capped at A$23.96mln without the need of shareholder approval.

The ASX 200 rose 0.41% to close at 7,535 while the ASX Emerging Companies Index gained another 1.36% to close at 2,362 points. All sectors were in the green except energy and utilities which lost 1.44% and 1.19%. The best performing sectors...

Highlights The Australian benchmark index, ASX 200, has been trading on a positive note this week after remaining volatile in the recent past. The Australian benchmark index, ASX 200, has been trading on a positive note this week after...

The 88 Energy Ltd (ASX: 88E) share price is frozen today as it prepares to release news to the market. The company’s shares are halted at their previous closing price of 3.2 cents. According to the oil and gas company’s request for the tra...

The ASX 200 finished lower for the second consecutive day, falling lower by 0.94% today as COVID-19 cases continue to rise in Australia and across the globe. Health Minister Greg Hunt however said that more than 10 million Australians have...

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 —...

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 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

88 Energy’s post-well appraisal of the Merlin-1 well at its Project Peregrine in Alaska has found oil in three reservoirs, leading to a targeted mean total prospective resource at the project of a whopping 1.6 billion barrels of oil.

"We are thrilled with the results from the Merlin-1 exploration well,” said managing director Ashley Gilbert

The 88 Energy Ltd (ASX: 88E) share price has bolted out of the gates in today’s trading session. Shares in the energy company are flying more than 32% higher after releasing an update earlier today. Let’s take a look at why investors are b...

It was an active half for corporate activity whilst operationally the focus was on the Merlin well, and the detailed analysis thereafter.

While COVID-19 continues to wreck havoc across NSW, the ASX remained in a state of zen on Wednesday, as local stocks eased to new record highs. The ASX 200 finished around 0.3% higher to close at 7,584, outpaced by the microcap Emerging Com...

While COVID-19 continues to wreck havoc across NSW, the ASX remained in a state of zen on Wednesday, as local stocks eased to new record highs. The ASX 200 finished around 0.3% higher to close at 7,584, outpaced by the microcap Emerging Com...

The ASX 200 traded sideways today, and ended the day flat, rising just 2 points to 7,540. Financials led, rising by 1.4% following announcements from Suncorp (ASX:SUN) and NAB (ASX:NAB). Gold miners were the worst performers, as gold price...

88 Energy says analysis of 3D seismic data from its Umiat oil field on the North Slope of Alaska, together with post-well testing of its nearby Merlin-1 well at Project Peregrine, has revealed potential for additional reservoir sands at Umi...

The Umiat oil project is located adjacent to Project Peregrine acreage, which analysis efforts are ongoing.

The ASX rebounded from yesterday’s losses but short of an all time high. The ASX 200 closed at 7,503 points, 0.38% up from yesterday but 6 points behind its intraday high. Meanwhile the ASX Emerging Companies Index gained 0.63% at 2,240 poi...

The 88 Energy Ltd (ASX: 88E) share price is rocketing today, up 11% to 5 cents apiece in late morning trade, having earlier posted gains of more than 20%. Below we take a look at the ASX energy share’s latest oil field update. What update...

"I am delighted to be joining the 88 Energy team at this exciting time,” Byrne said.