(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Friday and not separately reported by Alliance News: Read More
88 Energy Ltd - oil exploration in Namibia and US state of Alaska - Sells its 75% working interest in Project Longhorn to its operator, Lonestar I LLC, for USD3.3 million. The effective date of the deal is July 1. Longhorn is a producing oil and gas project in the Permian Basin in the US state of Texas. 88 Energy says the funds will be redeployed into its core exploration assets in Alaska and Namibia. The money will be used for near-term exploration and appraisal activity at Project Leonis and Project Phoenix, both onshore in northern Alaska, and early-stage exploration of the PEL 93 license in the Owambo Basin, onshore Namibia. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - London's FTSE 100 remained in the green at midday on Tuesday despite Wall Street being called to open lower following Monday's rally, as investors look to this afternoon's US inflation reading. Read More
(Alliance News) - 88 Energy Ltd on Monday said it has agreed a farm-out agreement for the Project Phoenix horizontal test well in Alaska. Read More
88 Energy Ltd - Subiaco, Australia oil exploration company focused on Alaska - Provides update on joint venture Project Phoenix with Burgundy Xploration LLC. Says Burgundy has paid USD1 million of outstanding USD4 million cash call. 88 Energy has extended the full payment deadline to February 15. Says Burgundy intends to provide a full carry for 2025 and 2026 work program in exchange for an additional working interest from 88 Energy. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - 88 Energy Ltd on Friday said it has awarded its 2D seismic data acquisition program for PEL 93 licence in Namibia to Polaris Natural Resources Development Ltd. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - 88 Energy Ltd on Tuesday proposed funds of up to AUD9.8 million, or GBP5.2 million, via a share placing. Read More
88 Energy Ltd - Alaska-focused oil exploration company - Announces successful flow test at Hickory-1 well in Phoenix Project, Alaska, citing light oil flow from two reservoirs. Says it will search for a farm-out partner to fund the next stage of development of Hickory-1. Read More
88 Energy Ltd - Alaska-focused oil exploration company - Makes second light oil discovery at Hickory-1 reservoir in Phoenix project, Alaska. Says flow test demonstrates a peak flow rate of 50 barrels of oil per day of light oil. Managing Director Ashley Gilbert says: "Having now successfully demonstrated light oil flow from two reservoirs at Hickory-1 in recent weeks, it is clear that this is a significant milestone in the history of 88 Energy. The USFS success represents the first time that we have successfully flowed oil to surface in Alaska - and under natural flow - as well as being the first time we have confirmed a light oil discovery of substantial scale in close proximity to the critical Dalton Highway and Trans-Alaskan pipeline system infrastructure. To then achieve a second successful flow of light oil from the SMD-B reservoir, with a low gas/oil ratio, is an outstanding outcome for 88 Energy and its shareholders." Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - 88 Energy Ltd on Monday provided shareholders with an update on its ongoing flow testing operations at the Hickory-1 well within its Project Phoenix acreage located on the North Slope of Alaska. Read More
88 Energy Ltd - Alaska-focused oil exploration company - Says well operations are underway ahead of perforating and flow testing the USFS zone at the Hickory-1 discovery well within its Phoenix project. The testing program is expected to be completed during March 2024. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued this week and not separately reported by Alliance News: Read More