Tag: XCD

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...
ConocoPhillips XCD Energy onshore oil discovery Alaska North Slope ASX

XCD Energy ‘encouraged’ by ConocoPhillips’ onshore oil discovery at Alaska’s prolific North Slope

News that ConocoPhillips this week encountered hydrocarbons from the one well it has drilled at its Harpoon exploration prospect within Alaska’s prolific North Slope has been welcomed by neighbouring ...
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...
XCD Energy maiden oil resource Project Peregrine Alaska North Slope ASX

XCD Energy unveils 1.6 billion-barrel maiden oil resource for Project Peregrine

Junior explorer XCD Energy (ASX: XCD) has unveiled a maiden prospective oil resource of 1.6 billion barrels (net of government and other royalties) for its wholly-owned Project Peregrine on Alaska’s N...
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...
XCD Energy leases Alaska Nanushuk oil fairway North Slope Emerald House ASX

XCD Energy pegs more Alaskan ground ahead of maiden oil resource

XCD Energy (ASX: XCD) has snapped up the four leases it bid on in the highly prospective Nanushuk oil fairway in what is being hailed as Alaska’s most successful oil and gas lease sale in 13 years. ...
XCD Energy ASX Alaska North Slope oil gas land grab National Petroleum Reserve

XCD Energy participates in Alaska’s most successful North Slope oil and gas land grab in over a decade

Recently cashed up XCD Energy (ASX: XCD) requested a trading halt on Thursday pending the outcome of its bids in Alaska’s National Petroleum Reserve, in what has been dubbed the most successful Alaska...
XCD Energy ASX capital raise placement oil gas Alaska Project Peregrine farm-out

XCD Energy to raise funds to launch Alaskan oil project farm-out

XCD Energy (ASX: XCD) has received commitments to raise $2 million by way of a two-tranche placement to advance its Alaskan oil project and launch a farm-out campaign. The onshore oil junior emerge...
XCD Energy ASX first Nanushuk oil play lead Alaskan project

XCD Energy unveils first Nanushuk oil play lead at Alaskan project

Alaska-focused oil junior XCD Energy (ASX: XCD) has announced a prospective oil resource for the first lead identified within its wholly-owned Project Peregrine. The company today revealed an inter...
XCD Energy ASX Alaskan oil prospects new strategy Entek Energy

XCD Energy eyes Alaskan oil prospects with new strategy

As the new kid on the block at Alaska’s North Slope, freshly rebranded oil explorer XCD Energy (ASX: XCD) hopes rubbing shoulders with some big guns on one of the world’s newest onshore and highly pro...