88 Energy begins ice road construction to Winx-1 well
7th Jan 2019 08:45
(Sharecast News) - 88 Energy updated the market on its oil and gas operations on the North Slope of Alaska on Monday, reporting that ice road construction for the Winx-1 exploration well had now commenced.
Read more88 Energy secures all but one major permit at Alaskan asset
17th Dec 2018 09:47
(Sharecast News) - Exploration firm 88 Energy has been granted all but one major permit for its Winx-1 exploration drill on the North Slope of Alaska, with the group expecting to receive approval for its drilling permit in January 2019.
Read more88 Energy secures another 45,000 acres on North Slope of Alaska
28th Sep 2018 14:46
(Sharecast News) - 88 Energy updated the market on its operations on the North Slope of Alaska on Friday, confirming that agreements had been executed for an additional 45,239 acres net to the company.
Read more88 Energy executes rig contract for Alaskan drilling
29th Aug 2018 08:56
(Sharecast News) - Dual listed explorer 88 Energy updated investors on operations at its Western Blocks project on Wednesday.
Read more88 Energy to move Arctic Fox rig in April
16th Feb 2017 08:09
(ShareCast News) - Oil and gas explorer 88 Energy said that Doyon Drilling's Arctic Fox rig is to move to the Icewine 2 appraisal well in April after the completion of drilling on a nearby acreage. The AIM-listed company said that the rig on the onshore Icewine project in the north slope of Alaska i
Read more88 Energy completes conventional prospectivity review at Icewine
13th Jan 2017 10:56
(ShareCast News) - 88 Energy updated the market on Project Icewine, located onshore North Slope of Alaska, on Friday, having completed the conventional prospectivity review over the project. The AIM-traded firm said additional resource potential had been identified for conventional leads across the
Read moreSuccess for 88 Energy in Alaskan acreage bidding round
15th Dec 2016 09:19
(ShareCast News) - 88 Energy updated the market on Tuesday in relation to Project Icewine, in which it has a 77.5% working interest as operator, located on the Central North Slope of Alaska. The AIM-traded company confirmed its wholly-owned subsidiary Accumulate Energy Alaska and its joint venture p
Read more88 Energy raises AUD 11m from institutional investors
25th Oct 2016 11:24
(ShareCast News) - 88 Energy announced on Tuesday that it has reached agreement regarding a placement to raise gross proceeds of AUD 11m, to two US-based institutional investors. The AIM-traded firm said the net proceeds will be used to strengthen the Company's balance sheet ahead of the upcoming dr
Read more88 Energy to drill vertically rather than laterally at Alaskan well
5th Sep 2016 09:22
(ShareCast News) - Australian oil and gas company 88 Energy has revised the design for its Alaskan Icewine-2 well and now intends to drill vertically, rather than laterally, to reduce costs and risks. AIM-listed 88 Energy, along with its joint-venture partner Burgundy Xplorartion, found that a verti
Read morePositive progress for 88 Energy at Icewine
8th Jun 2016 13:43
(ShareCast News) - Exploration company 88 Energy issued an extensive update on its operations at Project Icewine on Wednesday, including its securing of additional acreage. The AIM-traded firm said processing has been completed for the official award of 172,937 acres successfully bid on in the State
Read more88 Energy confirms plans for capital raising
20th Apr 2016 16:08
(ShareCast News) - 88 Energy confirmed on Wednesday that it was looking to raise between AUS$10m (£5.3m) - $10M (£8m) cash through a placing of new shares at 3.5 cents each. Earlier in the day it had said trading in its Australian securities had been suspended, but that trading on AIM would continue
Read more88 Energy lifts estimates 293% at Icewine project
6th Apr 2016 15:38
(ShareCast News) - AIM-traded 88 Energy reported a massive 293% increase in the recoverable resource estimates at Project Icewine on Wednesday, located at North Slope onshore Alaska. The AIM-traded company said its independent resource estimate for HRZ shale had been increased to 1.4bn barrels of oi
Read more88 Energy issues positive update on Icewine 1 Alaska well
29th Dec 2015 08:15
(ShareCast News) - Exploration group 88 Energy said on Tuesday that its Icewine 1 well in Alaska was drilled to its target depth, meeting all primary unconventional drilling objectives. In addition, the company noted solid conventional finds and said oil, heavy gas ans shale gas shows were recorded
Read more88 Energy's Alaska operation on track with expectations
13th Nov 2015 08:56
(ShareCast News) - Exploration group 88 Energy said drilling operations at its Alaska site were proceeding faster than expected. The London-listed company said the Kuukpik Rig 5 at the Icewine 1 site had drilled to 6,258 ft and was currently drilling ahead, after successfully completing the Blow Out
Read more88 Energy begins drilling operation at Icewine
23rd Oct 2015 08:21
(ShareCast News) - Exploration group 88 Energy said on Friday that drilling operation at its Icewine 1 exploration well in Alaska have got underway. The London-listed company said the well is set to be drilled to a total depth 11,600 feet and it will take approximately a month to complete. "Spud at
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