88 Energy and XCD Energy have agreed to merge to form a single North Slope Alaskan focussed exploration and appraisal company, with an attractive portfolio of exploration opportunities, at various stages of project maturity. For XCD, the transaction offers the opportunity to leverage 88 Energy's vast experience of operating on the North Slope, whilst providing exposure to 88 Energy's highly prospective portfolio of exploration/appraisal projects covering 250,000 net acres. For 88 Energy, the acq ....
07 May 2020
Cenkos: 88 Energy Ltd -- 88 Energy to Acquire XCD Energy
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Cenkos: 88 Energy Ltd -- 88 Energy to Acquire XCD Energy
88 Energy Limited (88E:LON) | 0.2 0 4.7% | Mkt Cap: 56.5m
- Published:
07 May 2020 -
Author:
James McCormack -
Pages:
4
88 Energy and XCD Energy have agreed to merge to form a single North Slope Alaskan focussed exploration and appraisal company, with an attractive portfolio of exploration opportunities, at various stages of project maturity. For XCD, the transaction offers the opportunity to leverage 88 Energy's vast experience of operating on the North Slope, whilst providing exposure to 88 Energy's highly prospective portfolio of exploration/appraisal projects covering 250,000 net acres. For 88 Energy, the acq ....