88 Energy

88 Energy: all we can do is wait

88 Energy: all we can do is wait

88 Energy (88E.L, ASX:88E) has had a busy summer, but unfortunately this didn’t result in the desired results. After an initial test-run, the Icewine #2 well was shut in on July 10th for about 7/8 weeks to allow for some pressure to build up in the well. On August 31st, […]

88 Energy starts a six week shut-in at Icewine

88 Energy starts a six week shut-in at Icewine

88 Energy’s (88E.L, ASX:88E) share price nosedived last night in Australia and today in London after the company announced it would go ahead with a six week shut-in at the Icewine well. According to the company, after having analyzed and compared the current well performance to other shale plays, it […]

88 Energy confuses the market

88 Energy confuses the market

If there’s one thing you can’t blame 88 Energy (ASX:88E, 88E.L) for, it’s publishing exploration updates on a regular basis. The company realises every single investors is looking forward to see the flow rates, and it usually is a good thing to keep every stakeholder up to date on what’s […]

88 Energy demobilizes Arctic Fox – the wait is almost over

88 Energy demobilizes Arctic Fox – the wait is almost over

88 Energy (ASX:88E, 88E.L) is doing a good job in keeping its shareholders up-to-date on its progress in Alaska where it’s drilling a new well to test the flow rates of its unconventional oil discovery. The company has now demobilized the Arctic Fox drill rig after the well has been […]

88 Energy’s Icewine #2 well is going according to plan

88 Energy’s Icewine #2 well is going according to plan

88 Energy (88E.L, ASX:88E) has started to drill the second Icewine well on April 24th, and has now reached a depth of approximately 3,000 feet on April 27th already. The surface casing has been cemented, and the Arctic Fox drill rig has recommenced drilling to push through the intermediate hole […]