88E is Moving East to Chase Success

On the North Slope in the US state of Alaska, 88 Energy (ASX:88E | OTC: EEENF) has been actively exploring for oil for many years now, regularly drilling every year in the hope of making a large oil discovery.

88E Fails to Hit Production-Test Worthy Reservoir Section in Alaska

After confirming an oil reservoir in last year’s drilling event, this morning 88E announced that they failed to hit a “production-test worthy” section of the reservoir they had just drilled in Alaska.

652 million barrel oil drilling event starts early March

With the oil price now trading near five year highs at US$92/barrel, we think it's a pretty good time for 88E to be drilling for a potentially large oil discovery. 88E’s much anticipated Merlin-2 appraisal well is on track to be spudded early next month.

88E Drill Rig Contracted - The Merlin-2 drilling event awaits…

News last week was that 88 Energy's (ASX:88E) drill rig has been contracted - another step in the journey towards the spudding of the Merlin-2 well. 88E’s Merlin-2 well is targeting 652 million barrels with a geological chance of success of 56%.

88E’s drilling ‘sequel’ to deliver a blockbuster result?

After the success of the Merlin-1 well earlier this year, where light oil was detected across three horizons, 88E is preparing to drill a follow up well to get a better understanding of just how much oil it could be sitting on.

88 Energy to assume total control of Project Peregrine

88 Energy Limited (ASX:88E; AIM:88E; OTC:EEENF) has entered into an agreement with Alaska Peregrine Development Company, LLC (APDC) that will facilitate continuation of the exploration program at Project Peregrine next winter.

88E reports encouraging evidence of oil in downhole samples

88 Energy (ASX: 88E | OTC: EEENF) recently received and finalised its review of a report related to its downhole sampling program, undertaken during the logging of the Merlin-1 well. Encouraging evidence of oil in downhole samples are now being investigated in laboratory.

Merlin-1 presents its challenges but a wildcard emerges for 88 Energy

8 Energy Limited (ASX: 88E, AIM: 88E, OTC: EEENF) has provided an update in relation to its operations in the NPR-A region of the North Slope of Alaska with initial petrophysical interpretation data indicating several potential pay zones in Merlin-1.

88E to Drill 1.6BN Barrel Project in the Coming Days

88 Energy (ASX: 88E) is set to drill the Merlin-1 well in the first week of March. Merlin-1 targeting 645 million barrels of gross mean prospective resource, over three separate stacked reservoir targets, and is on trend to existing discoveries immediately to the north and south of the project area.

Oil Strikes Back. 88E Leveraged to Exploration Success in Coming Weeks

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 is Back: 88E is Drilling in Weeks.

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.

88 Energy highlights multiple share price catalysts

88 Energy is on track for the scheduled February spud of the Merlin-1 well at Project Peregrine, North Slope of Alaska

88 Energy ready to drill, Pantheon news could be a sweetener

88 Energy Limited (ASX :88E; AIM 88E) has executed the drilling contract to drill the Merlin-1 and Harrier-1 wells for Project Peregrine on the North Slope of Alaska.

OPEC breakthrough, two ASX stocks to watch and … All Ords to trade higher?

Given the changing tide in oil fortunes, it couldn’t be better timing for 88 Energy (ASX: 88E) to have big news.

88E farmout sees partner take on most of Merlin-1 drilling costs

Alaskan oil and gas explorer 88 Energy Ltd has negotiated an important farmout agreement in relation to Project Peregrine

88 Energy cashed up to explore high-value targets in Alaska

88 Energy (ASX: 88E) has raised approximately $10 million to assist in funding Project Peregrine wells due to spud in February.

88E ASX is Primed for Another Run in Lead Up to Multi-Billion Barrel Drilling Event

88 Energy (ASX | LON: 88E) is one of a select few energy stocks we have taken a large position in here at Next Investors and have increased our position in the lead up to multi-billion barrel drilling.

Promising seismic reprocessing at 88E's Project Peregrine

88 Energy Limited (ASX:88E; AIM:88E) has provided a promising update on Project Peregrine, situated on the North Slope of Alaska.

Are you a sophisticated investor?
Find out more
Please note: Raisebook is a related entity of S3 Consortium Pty Ltd as defined in Section 9 of the Corporations Act 2001.