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88 Energy (88E) Share News

IN BRIEF: 88 Energy shares rise as it drills Merlin-2 surface hole

17th Mar 2022 14:38

88 Energy Ltd - Australia-based oil explorer in US state of Alaska - Says it successfully drilled the Merlin-2 surface hole to 2,005 feet, installed and cemented the surface casting and tested the blowout preventer system. Read More

IN BRIEF: 88 Energy commences drilling of Merlin-2 appraisal well

8th Mar 2022 20:24

88 Energy Ltd - Australia-based oil explorer in US state of Alaska - Says the Arctic Fox rig drilling the Merlin-2 appraisal well, located in project Peregrine in the NPR-A region of the North Slope of Alaska, has commenced. The Merlin-2 appraisal well is planned for a total depth of about 8,000 feet, and is targeting 652 million barrels of oil. Read More

TRADING UPDATES: Resolute Mining ups mine life and mineral resources

4th Mar 2022 21:44

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

TRADING UPDATES: Hutchmed in Macau boost; UP Global success in Germany

1st Mar 2022 20:32

(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

TRADING UPDATES: Panther Securities wins lease; NightCap opens new bar

21st Feb 2022 18:12

(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

IN BRIEF: 88 Energy raises AUD32 million for Merlin-2 well

14th Feb 2022 14:52

88 Energy Ltd - Australia-based oil explorer in US state of Alaska - Raises AUD32 million gross proceeds, about GBP16.8 million, in oversubscribed share placement of 914.3 million shares at AUD0.035 per share. Price was 10% discount to volume weighted average price on ASX for the 30 days to February 9. The new shares will constitute around 5.8% of the enlarged issued share capital of 15.73 billion shares. Read More