Oil Markets

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.

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.

88E to Drill 1.6BN Barrel Project in the Coming Days

Catalyst Hunter Feb 19, 2021

88 Energy (ASX: 88E) is set to drill the Merlin-1 well in the first week of March. Merlin-1 targeting 645 million barrels of gross mean prospective resource, over three separate stacked reservoir targets, and is on trend to existing discoveries immediately to the north and south of the project area.

88E on track to spud Merlin-1

Finfeed Archived Jan 22, 2021

88 Energy (ASX:88E: AIM:88E) has begun its mobilisation of snow road construction equipment to its Merlin-1 drill site on the North Slope of Alaska.

Oil is back and vaccine picks up struggling industries

Finfeed Archived Nov 24, 2020

“Another Monday vaccine announcement has brought a more mixed report from AstraZeneca, with the UK-led project bringing vastly different results depending on the dosing method."

Promising seismic reprocessing at 88E's Project Peregrine

Finfeed Archived Sep 23, 2020

88 Energy Limited (ASX:88E; AIM:88E) has provided a promising update on Project Peregrine, situated on the North Slope of Alaska.

Introducing Our Top Energy Pick of 2020: Eying Elephant Scale Potential

Next Investors Sep 18, 2020

Our Top Energy Pick for 2020, Invictus Energy Ltd (ASX: IVZ), has a multi-Tcf and liquids rich conventional gas-condensate target — potentially the largest, undrilled seismically defined structure onshore Africa.

Will late session sell-off in US markets end the ASX’s rebound?

Finfeed Archived May 06, 2020

Welcome relief after Friday’s rout, the ASX has strung together two very positive days with the S&P/ASX 200 gaining 87 points on Tuesday. Energy stocks were strong — Origin and Santos each gained more than 5%.

Investors flock to Facebook and Tesla as Shell cuts dividend for first time since WWII

Finfeed Archived May 01, 2020

Investors took a favourable view of Facebook’s (NASDAQ: FB) and Tesla's (NASDAQ: TSLA) results, sending the stock soaring by close to 10%