$88E.L

4 stories mentioning 88E.LUpdated 33d ago

Every FINWIRES story that references 88E.L, newest first.

88 Energy Boosts Prospective Resource Estimates for South Prudhoe OIl, Gas Project in US

88 Energy (88E.L) said Monday it materially upgraded the prospective resource estimate for its South Prudhoe project on Alaska's North Slope in the US.The oil and gas exploration company said the project's total gross unrisked 2U prospective resources jumped 35% to 768.9 million barrels of oil and natural gas liquids, with 640.7 million barrels of oil and natural gas liquids net to 88 Energy.

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Equities40d ago

88 Energy's 20% Interest in Namibian Exploration License Becomes Unconditional

88 Energy's (88E.L) 20% working interest in the petroleum exploration license 93 in Namibia was confirmed as fully-earned and unconditional, according to a Monday filing.The update follows the amendment to the oil and gas exploration company's farm-in agreement with license operator Monitor Exploration Ltd., which also reduced 88 Energy's minimum financial exposure by $15 million through the cancellation of the stage 2 and stage 3 farm-in obligations.

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Equities44d ago

88 Energy Secures Rig for Exploration Well Drilling in US

88 Energy (88E.L) secured a rig for the drilling of the Augusta-1 exploration well at its South Prudhoe project in Alaska, US, according to a Thursday filing.The oil and gas exploration company plans to commence drilling at the project in the first quarter of 2027.

$88E.L

Equities55d ago

88 Energy Unit Extends Funding Deadline for Alaskan Oil Project

88 Energy's (88E.L) Accumulate Energy Alaska agreed to extend Burgundy Xploration's funding milestone timeline under their participation agreement for Project Phoenix, on the North Slope of Alaska, to Sept. 30.The deadline was moved following the US Securities and Exchange Commission's extended review schedule for Burgundy's planned initial public offering, the oil and gas exploration company said Monday. It added that the new date is "finite and sufficient" for Burgundy to deliver on its funding requirements for the oil project.As consideration for the extension, Burgundy will pay Accumulate Energy Alaska a $100,000 amendment fee and an additional $300,000 in relation to the outstanding Icewine 3D consideration.

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