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88 Energy MD outlines milestones for 2015

Dave Wall, managing director of 88 Energy (LON:88E), formerly Tangiers Petroleum, marks out the milestones for the company’s Alaskan exploration programme in 2015. Wall says the award of the licence is imminent, with news on funding, including the possibility of a farmout deal, and the result from neighbour Great Bear’s upcoming well also scheduled for this year.  Last week, 88 Energy said it was encouraged by recent drilling reports on the same slope as its Icewine project in Alaska, car

Sausages Image: Steven Depolo

Dave Wall, managing director of 88 Energy (LON:88E), formerly Tangiers Petroleum, marks out the milestones for the company’s Alaskan exploration programme in 2015.

Wall says the award of the licence is imminent, with news on funding, including the possibility of a farmout deal, and the result from neighbour Great Bear’s upcoming well also scheduled for this year. 

Last week, 88 Energy said it was encouraged by recent drilling reports on the same slope as its Icewine project in Alaska, carried out by Spanish oil giant Repsol.

Quick facts: 88 Energy Ltd

Price: 0.937 GBX

AIM:88E
Market: AIM
Market Cap: £64.39 m
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88 Energy ltd boss: things are looking good, potential for farm-out

88 Energy ltd (LON:88E) Managing Director Dave Wall tells Proactive Investors that how the company has been through a period of consolidation including fundraising and acquisitions. "We've raised A25mln, we've finalized the purchase of 170,000 acres, we've completed the acquisition of some 2D...

on 08/02/2016

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