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EEENF / 88 Energy confirms oversubscribed fund raise as it counts down to new well drilling

88 Energy confirms oversubscribed fund raise as it counts down to new well drilling
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has in separate statements revealed that its equity fund raise was oversubscribed and informed investors that its secured a permit to drill the planned Hickory-1 well in Alaska. The AIM-quoted explorer, in one statement, said it has raised A$17.5mln (up from the targeted A$15mln) from domestic and international institutional and sophisticated investors, as it successfully completed a bookbuild process. Read More
Posted: Feb 6 2023, 02:59
Author Name: Proactive Investors
Views: 110655

EEENF News  

88 Energy notes progress as it counts down to 2024 programme

By Proactive Investors
October 31, 2023

88 Energy notes progress as it counts down to 2024 programme

88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) today issued its mandatory quarterly activities report to Australian investors, highlighting the previous more_horizontal

88 Energy commissions quick-fire resource review in Alaska

By Proactive Investors
October 30, 2023

88 Energy commissions quick-fire resource review in Alaska

88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) told investors it has engaged independent consultant NSAI to review Project Phoenix, in Alaska, following more_horizontal

88 Energy busy across Alaska portfolio as countdown to well test continues

By Proactive Investors
October 12, 2023

88 Energy busy across Alaska portfolio as countdown to well test continues

88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) told investors it has been busy across its Alaskan North Slope portfolio, albeit the explorer's focus is � more_horizontal

88 Energy Alaska project data better than expected, says broker

By Proactive Investors
September 21, 2023

88 Energy Alaska project data better than expected, says broker

The Upper Slope Fan System (Upper SFS) in 88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF)'s Project Phoenix is more extensive than initially mapped, accor more_horizontal

88 Energy on track to test Hickory “as early as possible”

By Proactive Investors
September 21, 2023

88 Energy on track to test Hickory “as early as possible”

88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) told investors that its preparations are continuing for the planned flow testing of the Hickory-1 well, in more_horizontal

88 Energy ‘takes important step' ahead of new Alaska well testing

By Proactive Investors
September 5, 2023

88 Energy ‘takes important step' ahead of new Alaska well testing

88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) told investors it has now executed a rig contract for well testing, on the Hickory-1 well at its Project P more_horizontal


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