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Alaskan Oil

88E spudding early March - six stacked targets to hit

Next Investors Feb 28, 2023

Our oil and gas investment - 88 Energy (ASX: 88E) - is set to drill the Hickory-1well in early March with the ice pad almost complete and the drill rig ready to travel to the site. We participated in the recent capital raising and aim to free-carry into the drill result.

88E to drill Hickory-1 within a month. Here’s why its 88E’s lowest risk well from a technical perspective

Next Investors Feb 09, 2023

88E (ASX: 88E) will soon be drilling their Hickory-1 well on the North Slope of Alaska. We have increased our investment in the recent placement, and have been a long-term holder in 88E - seeing it drill through multiple wells in the past. The well is designed to drill through 6-stacked targets and we eagerly wait for spudding to begin at Hickory-1.

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.
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