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.
88E is set to merge with XCD Energy where XCD will become a wholly-owned subsidiary of 88E. 88E will continue exploration across both sets of assets, including evaluation of their prospects, strategic relevance, funding requirements and financial performance.
Read on below for more on 88 Energy...
88 Energy’s Drill Rig is Now on its Way to Drill One of the Biggest Wells of 2020
Feb 24, 2020
The Nordic Calista Rig-3 has been mobilised and is now barrelling down Alaska’s Dalton Highway from Deadhorse to Mile 386 en route to its final destination at 88E’s Project Icewine.
How 88 Energy Defied the Odds
Mar 1, 2016
When Oil Met Gas: 88E in the Sweet Spot
Feb 17, 2016
8 Billion Barrel Resource Potential Confirmed
Jan 23, 2015