DRILLING

88 Energy (ASX: 88E)’s Alaskan oil well has already been drilled to 1,500 ft depth and A 645 million barrel oil target is just a few days from being pierced with the drill bit.

88 Energy (ASX:88E) is less than two weeks away from penetrating Project Peregrine's potentially prospective petroleum pocket.

Our Alaskan oil explorer 88 Energy (ASX:88E) went into a trading halt at that time to get to the bottom of what was going on and how it might have impacted its current projects... This morning 88E announced it has secured a permit to continue its big drilling event in February\March 2021, testing a 1.6 billion barrel mean unrisked recoverable prospective resource.

Momentum is clearly building in 88 Energy Ltd (ASX: 88E | AIM: 88E) and that looks set to continue, given the company has a highly active 6-8 weeks ahead of it.

Oil has rallied to 10 month highs. Momentum is clearly building in 88 Energy Ltd (ASX: 88E | AIM: 88E), and that looks set to continue given the company has a highly active 6-8 weeks ahead of its drilling.

Small cap oil explorer 88 Energy (ASX: 88E) has confirmed funding details for the drilling of its Merlin-1 well at its Project Peregrine on the North Slope of Alaska.

88 Energy (ASX: 88E) is a junior oil explorer that is determined to hit the next multi-billion barrel oil discovery on the North Slope of Alaska. Today, 88E announced that a group of US oil investors have agreed to pay for almost the entire drilling cost of the next well (up to US$11.3M) - in return to earn 50% of the project.

Elixir Energy (ASX:EXR) has capped off its first exploration season in Mongolia, delivering the country its first coal seam gas (CSG) discovery at the Nomgon-1 well.