(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday 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 on 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 on Tuesday 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 Monday and not separately reported by Alliance News: Read More
88 Energy Ltd - Alaska-focused oil and gas company based in Subiaco, Western Australia - Says the maiden independent contingent resource estimate has been completed at Project Phoenix for the Basin Floor Fan reservoir. Reports a gross best estimate contingent resource of 250 million barrels of oil equivalent from the deepest reservoir encountered in Hickory-1. Explains that contingent resources were defined on the basis of multiple successful flow tests conducted in the BFF reservoir on adjacent acreage and clear reservoir continuity demonstrated through high quality seismic data. 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
88 Energy Ltd - Alaska-focused oil and gas company based in Subiaco, Western Australia - Appoints independent consultants Netherland, Sewell & Associates, Inc to conduct a contingent resource estimate on the Basin Floor Fan reservoir at Project Phoenix on Alaska's Central North Slope. News follows Pantheon Resources PLC declaring a significant contingent resource for the Lower BFF reservoir. 88 says BFF was the deepest hydrocarbon-bearing pay zone intersected during drilling and logging of the Hickory-1 exploration well. Says NSAI's assessment, based on results from Hickory-1 and nearby offset wells, may lead to Hickory-1 being confirmed as a discovery. NSAI has starting reviewing and integrating existing data from all reservours. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday 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 Thursday and not separately reported by Alliance News: Read More
(Alliance News) - 88 Energy Ltd on Friday said it reduced its interim loss in part from reduced exploration impairments, and it is optimistic about scheduled tests in Alaska. Read More
88 Energy Ltd - Alaska-focused oil explorer - Completes shortfall offer placement from the non-renounceable rights issue at an issue price of AUD0.006 per share. The rights issue closed on August 22 with the company issuing around 553 million new shares. As a result of the strong inbound demand received from other investors during the rights issue and subsequent shortfall offer process, company has received firm commitments to place in full all new shares not taken up in the rights issue, representing around 1.46 billion shares. Read More
(Alliance News) - 88 Energy Ltd on Tuesday said it completed its latest rights issue and proposed a placing of over one billion shares to fund its exploration activity. Read More
88 Energy Ltd - Alaska-focused oil explorer - Posts offer to raise GBP6.3 million at 0.0031 pence per share. After this the company will have issued around 2.01 billion share, and will have total shares on issue of 22.12 billion shares. 88 Energy says that it will apply the funds raised from the offer it fund ongoing activity across its portfolio of oil and gas exploration assets, focusing on the North Slope of Alaska and onshore Texas. 88 Energy announced this plan on July 31, saying at the time that net cash it received will be used for flow testing of the Hickory-1 well at Project Phoenix in the North Slope of Alaska and on development wells and work-overs at Project Longhorn in Texas, alongside other testing and activities. Read More
(Alliance News) - 88 Energy Ltd on Monday announced plans to raise up to AUD12.0 million, about GBP6.3 million, from a rights issue of shares, which it will use to progress projects in the US states of Alaska and Texas. 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
88 Energy Limited - Australia-based, Alaska-focused oil explorer - Says that internal review of Project Leonis shows that it has strong seismic-well tie. Project Leonis comprises ten leases covering approximately 25,430 contiguous acres in Alaska. 88 Energy was issued award notices for the project in April. The company says that its initial review of the Hemi Springs Unit number three has indicated around 200 feet of logged bypassed net pay in the Upper Schrader Bluff reservoir, with good porosity and oil shows evident throughout. 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) - Pantheon Resources PLC said on Friday that it was "pleased" by the preliminary findings of its data exchange with 88 Energy Ltd, which Pantheon Resources said provided "valuable data" on its southern lease boundary. Read More
(Alliance News) - 88 Energy Ltd on Thursday said that the Alaskan Department of Natural Resources has formally issued award notices to Captive Energy Alaska Inc for the Project Leonis lease area. Read More