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.
Price: 0.2513 GBX
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of 88 Energy Ltd named herein, including the promotion by the Company of 88 Energy Ltd in any Content on the Site, the Company receives from said...
FOR OUR FULL DISCLAIMER CLICK HERE
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...
Retail & consumer
Energy
