Tag: 88E

88 Energy XCD takeover unconditional oil Alaska ASX

88 Energy declares XCD takeover unconditional as it reaches 60% stake

88 Energy (ASX: 88E) is on track to create a more powerful Alaska oil and gas player as it declares its takeover offer for XCD Energy (ASX: XCD) unconditional. The company now holds 59.27% of XCD E...
XCD 88 Energy takeover offer ASX 88E directors recommend accept shareholders

XCD directors recommend accepting 88 Energy takeover offer

The directors of Alaska-focused XCD Energy (ASX: XCD) have recommended shareholders accept the off-market takeover bid from fellow oil and gas player 88 Energy (ASX: 88E). 88 Energy has offered 2.4...
XCD Energy 88 Energy Harpoon discovery oil ASX 88E merger royalties

Harpoon discovery lessens risks and royalties for XCD’s Alaska projects ahead of merger with 88 Energy

XCD Energy (ASX: XCD) has used a nearby discovery to its Alaskan projects to renegotiate a lower royalty payment to the original owners of its project ground as it awaits a merger with fellow Alaskan ...
88 Energy XCD ASX 88E merger Alaska oil

88 Energy and XCD to merge and create larger North Slope Alaskan oil play

Following 88 Energy’s (ASX: 88E) unsolicited takeover bid a few weeks ago, XCD Energy (ASX: XCD) and 88 Energy revealed this morning they have agreed to a merger to create an Alaska focused oil compan...
XCD Energy 88E 88 ASX takeover bid Alaska oil

88 Energy makes off-market takeover lunge at fellow Alaska oil hunter XCD Energy

88 Energy (ASX: 88E) is making an unsolicited off-market, all paper takeover offer for XCD Energy (ASX: XCD) arguing it will make for a financially stronger Alaska explorer with greater exposure to gl...
Alaska North Slope oil discovery drilling 2020 Nanushuk

ConocoPhillips, Oil Search, 88 Energy and XCD Energy highly leveraged to winter exploration on Alaska’s North Slope

With the new year upon us, Alaska’s North Slope is a hub of activity with numerous explorers big and small alike gearing up for drilling programs with the hope of making another big oil discovery on t...
Red Emperor Resources 88 Energy Otto ASX RMP 88E OEL Alaska drilling depth

88 Energy, Otto and Red Emperor Resources hit potential pay zones at Winx-1

Junior explorer 88 Energy (ASX: 88E) and its consortium partners Otto Energy (ASX: OEL) and Red Emperor Resources (ASX: RMP) will progress to wireline activities at the Winx-1 exploration well in Alas...
88E Energy Otto Red Emperor Resources ASX OEL RMP oil gas Winx 1 spud permit

Spud date at Winx-1 looms for 88 Energy and Alaskan partners following permit green light

Junior explorer 88 Energy (ASX: 88E) and its consortium partners Otto Energy (ASX: OEL) and Red Emperor Resources (ASX: RMP) are gearing up to spud the Winx-1 exploration well after receiving drilling...
88 Energy Otto Red Emperor Resources ASX 88E OEL RMP Alaskan Western Blocks well spud oil

88 Energy, Otto and Red Emperor line up Alaskan Western Blocks well spud for next month

Junior oil explorer 88 Energy (ASX: 88E) and its consortium partners Otto Energy (ASX: OEL) and Red Emperor Resources (ASX: RMP) are on track to drill a maiden well next month at their newly acquired ...
88 Energy ASX 88E Project Icewine farm-out 2019 oil gas

88 Energy flags early 2019 for completion of Project Icewine farm-out

88 Energy (ASX: 88E) expects to seal a farm-out deal for its flagship Project Icewine on Alaska’s North Slope in the first quarter of 2019 after interested parties requested a deadline extension. T...
88 Energy ASX 88E Alaskan oil resources farm-out deal

88 Energy grows Alaskan oil resources, targets year-end farm-out deal

88 Energy (ASX: 88E) has boosted its prospective oil resources on Alaska’s North Slope with the announcement of a maiden resource at its 100%-owned Yukon leases, as it targets a farm-out deal before y...
88 Energy Otto Red Emperor Resources ASX 88E OEL RMP Alaskan oil prospect

88 Energy, Otto and Red Emperor farm into large Alaskan oil prospect

A trio of Australia-based oil and gas explorers led by 88 Energy (ASX: 88E) have inked a farm-in deal to acquire four leases covering a large oil prospect on Alaska’s North Slope. The company, alon...
88 Energy ASX 88E Icewine Project oil gas Paul Basinski

88 Energy’s Alaskan oil mission goes on despite losing the Father of Fracking

One of the most audacious and courageous oil development projects in modern history, currently being progressed by 88 Energy (ASX: 88E) continues to move forwards despite suffering a body blow this we...
Project Icewine 88E 88 Energy

88 Energy provides an update on Project Icewine

88 Energy (ASX, AIM: 88E) has provided the market with an update on Project Icewine, located onshore North Slope of Alaska. Key Highlights: Wireline logs acquired successfully throughout the p...
88 Energy 88E Icewine drill permit Alaska

88 Energy receives all clear to start new drilling in Alaska

88 Energy Limited (ASX, AIM: 88E) has had its drill permit issued to progress with its Project Icewine, located onshore North Slope of Alaska. Highlights: Permit to Drill issued for the drilli...