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88 Energy boss on next steps for Alaska Icewine project

Published: 07:40 27 Aug 2015 EDT

Dave Wall, managing director of 88 Energy (LON:88E),  updates on progress at the firm’s Icewine project on Alaska’s North Slope.

The firm is to start a fully funded oil drilling programme in Alaska in around two months’ time, thanks to a major financing deal with Bank of America.

Yesterday the firm rubber-stamped its acquisition of Icewine, it now holds an 87.5% stake in 69 leases in the area through its subsidiary Accumulate Energy Alaska.

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