Alaskan Oil

88E to drill test a 647 million barrel target next quarter

Next Investors Dec 21, 2022

It’s getting to that time of the year again... Our oil exploration Investment 88 Energy will soon drill test a large oil and gas target on Alaska’s North Slope.

88E is Moving East to Chase Success

Next Investors Aug 24, 2022

On the North Slope in the US state of Alaska, 88 Energy (ASX:88E | OTC: EEENF) has been actively exploring for oil for many years now, regularly drilling every year in the hope of making a large oil discovery.

88E Fails to Hit Production-Test Worthy Reservoir Section in Alaska

Next Investors Mar 30, 2022

After confirming an oil reservoir in last year’s drilling event, this morning 88E announced that they failed to hit a “production-test worthy” section of the reservoir they had just drilled in Alaska.

652 million barrel oil drilling event starts early March

Next Investors Feb 22, 2022

With the oil price now trading near five year highs at US$92/barrel, we think it's a pretty good time for 88E to be drilling for a potentially large oil discovery. 88E’s much anticipated Merlin-2 appraisal well is on track to be spudded early next month.

88E Drill Rig Contracted - The Merlin-2 drilling event awaits…

Next Investors Nov 04, 2021

News last week was that 88 Energy's (ASX:88E) drill rig has been contracted - another step in the journey towards the spudding of the Merlin-2 well. 88E’s Merlin-2 well is targeting 652 million barrels with a geological chance of success of 56%.

88E’s drilling ‘sequel’ to deliver a blockbuster result?

Next Investors Sep 23, 2021

After the success of the Merlin-1 well earlier this year, where light oil was detected across three horizons, 88E is preparing to drill a follow up well to get a better understanding of just how much oil it could be sitting on.

88 Energy to assume total control of Project Peregrine

Finfeed Archived Jun 07, 2021

88 Energy Limited (ASX:88E; AIM:88E; OTC:EEENF) has entered into an agreement with Alaska Peregrine Development Company, LLC (APDC) that will facilitate continuation of the exploration program at Project Peregrine next winter.

88E reports encouraging evidence of oil in downhole samples

Finfeed Archived May 25, 2021

88 Energy (ASX: 88E | OTC: EEENF) recently received and finalised its review of a report related to its downhole sampling program, undertaken during the logging of the Merlin-1 well. Encouraging evidence of oil in downhole samples are now being investigated in laboratory.

Merlin-1 presents its challenges but a wildcard emerges for 88 Energy

Finfeed Archived Apr 06, 2021

8 Energy Limited (ASX: 88E, AIM: 88E, OTC: EEENF) has provided an update in relation to its operations in the NPR-A region of the North Slope of Alaska with initial petrophysical interpretation data indicating several potential pay zones in Merlin-1.

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