88 Energy (ASX:88E, LSE:88E)
88 Energy operates the majority of the vast 475,000 acre Project Icewine, targeting oil on the world class North Slope of Alaska. The company’s goal is to build a successful exploration and production company that delivers material benefits to its shareholders and contributes to the development of the regions in which it works.
It aims to achieve this by targeting overlooked or emerging play types where its small team of experts can move quickly to capitalise on opportunities prior to larger industry players moving in.
The opportunities the company seeks are based on robust technical evaluation together with informed socio-political decisions and cultural sensitivity in business relationships.
88E Bolsters Multi Billion Barrel Oil Resource: Farm Out by Year End?
Nov 6, 2018
Currently capped at just A$100 million, 88 Energy (ASX:88E) is exploring for large scale, multi-billion barrel oil resources across the North Slope, onshore Alaska, and the company is gearing up for a significant amount of activity over the coming months.