88 Energy Share News (88E)

88 Energy Suspends Operations At Alaskan Icewine#2 Well

LONDON (Alliance News) - Shares fell in 88 Energy Ltd on Monday as the company said it has suspended the Icewine#2 well, onshore Alaska.Shares in 88 Energy dropped 22% to 0.991 pence on for

88 Energy Progressing On Icewine Clean Up As Starts Lifting Nitrogen

LONDON (Alliance News) - 88 Energy Ltd on Monday said it commenced nitrogen lifting at Icewine No 2 borehole in Alaska.The exploration & production company said the well is still in a

88 Energy Begins Flowback At Project Icewine In Alaska

LONDON (Alliance News) - 88 Energy Ltd said Wednesday flowback has commenced at its Icewine No 2 borehole in Alaska.88 Energy said "based on the pressures and flow rates" it does

88 Energy To Start Flow Testing Second Icewine Well In June

LONDON (Alliance News) - 88 Energy Ltd said on Tuesday it has scheduled the flowback of the Icewine No. 2 oil well, onshore Alaska, for June 11.Site works have been completed at the Bluffs

88 Energy Says Icewine#2 Production Testing Set To Restart In June

LONDON (Alliance News) - 88 Energy Ltd said Monday site works at the Icewine#2 project in Alaska have commenced to clear ice and snow and final preparations for mobilisation of test equipment were

88 Energy Raises AUD17 Million Through Oversubscribed Placing (ALLISS)

LONDON (Alliance News) - Oil and gas exploration firm 88 Energy Ltd said Tuesday it raised AUD17 million through a "significantly oversubscribed" placing.88 Energy has placed at -

88 Energy To Raise AUD17 Million Via Discounted Share Placing (ALLISS)

LONDON (Alliance News) - 88 Energy Ltd on Monday announced an equity fundraise, as it progressed on Icewine project in Alaska and Yukon gold project in Canada.The oil & gas explorer to

88 Energy Completes Loan Refinance With Bank Of America

LONDON (Alliance News) - 88 Energy Ltd completed a loan refinance with Bank of America in respect to the oustanding balance of USD16.5m, on terms similar to the

88 Energy to move Arctic Fox rig in April

(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

88 Energy completes conventional prospectivity review at Icewine

(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

88 Energy Increases Land Holding Around Icewine With Partner Burgundy

Success for 88 Energy in Alaskan acreage bidding round

(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

88 Energy raises AUD 11m from institutional investors

(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

Two New US Institutional Investors Inject AUD11 Million Into 88 Energy (ALLISS)

88 Energy to drill vertically rather than laterally at Alaskan well

(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