Articles On 88 Energy (ASX:88E)

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...

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...

March got off to a rough start, with ASX small caps suffering their worst week since October and the Small Ords Index falling into the red on the year. But it got better. US punters received another stimmy cheque in the mail from President...

Stockhead’s Hot Money Monday analysis is based on the Relative Strength Index (RSI) — a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the level at which a company may have been...

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 explorer's shares are up more than 600% in the past month as speculative investors position for the potentially high impact Merlin-1 well.

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...

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...

88 Energy is staring down the barrel of a potential oil discovery at its 600-million-barrel oil target which is being drill tested on Alaska’s oil-rich North Slope. The company said its Merlin-1 drill hole has intersected multiple reservoi...

The 88 Energy Ltd (ASX: 88E) share price is on the move today after the company announced an operations update. During mid-afternoon trade, the energy exploration company’s shares are swapping hands for 3.5 cents, up 12.9%. Let’s take a cl...

Today the ASX was down a 0.3% and only materials (resources) and industrials were in positive territory. These two sectors rose by 1.3 per cent and 0.33 per cent respectively. But the ASX 200 fell 0.36 per cent to 6,800 while the ASX Emergi...

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.

88 Energy Limited (ASX:88E, AIM: 88E, OTC:EEENF) has provided an update regarding its operations in the NPR-A region of the North Slope of Alaska. Wireline logging will commence shortly to confirm whether mobile hydrocarbons are present. M...

Stockhead’s Hot Money Monday analysis is based on the Relative Strength Index (RSI) — a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the level at which a company may have been...

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...

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 continued strength of oil prices has seen a steady increase in US oil drilling with the Permian shale oil basin seeing the lion’s share of activity. Of the 411 oil and gas rigs operating in the US last week – a figure which is up nine o...

88 Energy has cracked 1,512 feet, or 460 metres, as it drills its way towards its highly anticipated 600-million-barrel prospective oil target at an interpreted depth of 6,000 feet, or 1,829 metres, below the frozen arctic ground in Alaska.

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...

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.

Source: ITTIGallery ,Shutterstock Summary Red Sky Energy has clocked a massive volume of over 178 million shares. Resources and Energy Group has skyrocketed by 22.5 per cent to A$0.049. Anteotech’s share price has opened with a gap u...

88 Energy (ASX:88E) is set to begin drilling its flagship Merlin-1 oil well, part of its Project Peregrine located in the highly prolific North Slope of Alaska on trend to a large discovery by oil super major ConocoPhillips. The deepest tar...

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...

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...

Source: ITTIGallery,Shutterstock Summary QEM has announced the commencement of studies into green hydrogen opportunities, leading to a 119.5 per cent rally in the stock. Venturex Resources is up by 27 per cent, continuing its ongoing...

Source: ShutterstockProfessional ,Shutterstock Summary 88 Energy has been catching attention since early trading hours, notching up by 25 per cent. Cryosite’s share price is up by 20.5 per cent at A$0.205 after the company announced i...

The drill rods are turning for ASX-listed 88 Energy at its Merlin-1 oil exploration well as the Alaskan oil hopeful looks to cash in on recent spectacular success by other oil explorers in the neighbourhood around 88 Energy’s ground.

88 Energy Limited (ASX:88E; AIM 88E) has just commenced drilling the Merlin-1 well which will initially be drilled to 1,500 feet, then surface casing will be installed and the Blow Out Preventer System tested. This is expected to take appro...