88 Energy Closes Book on Successful £5.2m Placing | AIM:88E, ASX:88E, OTC:EEENF
88 Energy Raises Nearly AU$10 Million via Placement; Shares Fall 40%
88 Energy (ASX:88E) raised AU$9.9 million via a placement of 3,291,974,839 ordinary shares at AU$0.003 apiece. Proceeds will be used for costs associated with the recent flow test at the Hickory-1 dis
88 Energy to Raise A$9.8mln to Support Alaska and Namibia Projects
|88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) today announced an equity raise of up to A$9.8 million with the proceeds earmarked to fund the continuing development of its key projects.
88 Energy Eyes Resource Upgrade, a Farm-out and Early Production in Alaska
|88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) told investors it is now undertaking post flow test studies for the Hickory-1 well, in Alaska, with a view to upgrading estimates of contingent resources.
88 Energy to Commence Flow Test Studies After Success at Hickory-1 Discovery Well
88 Energy (ASX:88E) is set to commence post-flow test studies, including the securing of additional contingent resource estimates, following flow testing at the Hickory-1 discovery well in Project Pho
88 Energy Posts AU$17.5 Million Cash Balance as of March Quarter-End
Alaska-focused oil explorer 88 Energy (ASX:88E) has posted AU$17.5 million in cash balance and AU$700,000 in net cash outflows as of the end of the March quarter, according to the company's quarterly
88 Energy Discovers Second Light Oil at SMD-B; Shares Drop 8.3%
88 Energy (ASX:88E) has received flow test results from its Hickory-1 discovery well in Alaska which show a peak flow rate of around 50 barrels of oil per day, as well as a second light oil discovery
88 Energy Validates Light Oil at Project Phoenix
88 Energy (ASX:88E) validated the presence of light oil from a flow testing program conducted at the Hickory-1 well located within Project Phoenix in Alaska, according to a filing with the Australian
88 Energy Updates on Alaska Well Test Timelines | AIM:88E, ASX:88E, OTC:EEENF
88 Energy Kicks off Hickory Well Testing Programme
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has announced the start of flow test operations at the Hickory-1 well, part of Project Phoenix in Alaska.
88 Energy Begins Flow Testing of Hickory-1 Well
88 Energy (ASX:88E) began flow testing activities at the Hickory-1 well in Alaska, according to a filing with the Australian Securities Exchange on Monday. The program aims to evaluate the targeted Up
88 Energy Secures Namibia Diversification as New JV Proceeds
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) confirmed its diversification and expansion, as its proposed initial investment in Namibia was given the greenlight.
88 Energy Obtains 20% Working Interest in Namibian Petroleum Exploration License; Shares Jump 20%
88 Energy (ASX:88E) on Thursday said the 20% working interest in petroleum exploration license 93 (PEL 93) was transferred to the company. The transfer was part of the first stage of a three-stage far
Stocks of the Hour: 88 Energy, Auric Mining, LBT Innovations
To register for Friday's webinar click here.88 Energy (ASX:88E, AIM:88E, OTC:EEENF) announced the successful WI Transfer by Monitor Exploration Limited to 88 Energy in relation to Petroleum Exploratio
88 Energy Counts Down to Start of Test Programme, Operations on Track
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has announced its well testing plans in Alaska are on track, with the securing of necessary permits.
88 Energy Acquires Texas Oil, Gas Production Assets
88 Energy (ASX:88E) acquired a new non-operated working interest in leases and wells, which have conventional onshore production and development assets, within the Permian Basin of Texas, US. The asse
88 Energy Receives Part Settlement of US Project's Cash Calls
88 Energy (ASX:88E) said it has received $2 million from its Project Phoenix joint venture partner Burgundy Xploration as part settlement of the $3.745 million in unpaid cash calls. 88 Energy expects
Australian Shares Inch Down as RBA Holds Rates Steady
Australian shares were flat with a negative bias as the country's central bank maintained the cash rate target for the third straight month. The S&P/ASX 200 Index ticked down 4.20 points to 7,314.30.
88 Energy Hires Rig Contractor to Test Hickory-1 Well; Shares Rally 17%
88 Energy (ASX:88E) hired contractor All American Oilfield to provide a rig for use in an upcoming flow test program at the Hickory-1 well located within the Project Phoenix area in Alaska. The progra
88 Energy to Raise Up to GBP4.5 Mln via Discounted Conditional Placing
By Anthony O. Goriainoff 88 Energy will raise up to 4.5 million pounds ($5.7 million) via a discounted conditional placing of up to 1.46 billion new ordinary shares which will be conducted via a book
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