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'There's an awful lot to play for' - Cenkos analyst on 88 Energy's Icewine potential

Cenkos Securities analyst Jack Allardyce talks to Proactive about 88 Energy's upcoming well - Icewine 2.

The company's first Icewine well, drilled in late 2015, confirmed a potentially significant new shale play up in Alaska’s North Slope region and the next well, slated for Q2 2017, is designed to test the discovery’s commercial viability.

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Cenkos Recommendation History                            
Date                       Company        Share price Recommendation
15.03.16               88 Energy Plc      3.8p       BUY
07.09.16               88 Energy Plc      2.5p       BUY
04.11.16               88 Energy Plc      2.3p       BUY
16.01.17               88 Energy Plc      2.5p       BUY

Quick facts: 88 Energy Ltd

Price: 0.28 GBX

Market: AIM
Market Cap: £19.91 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

2 min read