This morning, 88 Energy released its Q4/18 report, updating investors on its progress across the Company's suite of unconventional and conventional assets in Alaska. 88 Energy is well financed following a successful capital raises in Q4/18 with cash reserves of A$21.7m (US$15.4m), the Company is in a good position for its near-term work programme which includes the drilling of the Winx-1 well in the Western Blocks and the farmout of its conventional Project Icewine acreage.
25 Jan 2019
Cenkos: 88 Energy Ltd - Well Financed and Ready to Drill
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Cenkos: 88 Energy Ltd - Well Financed and Ready to Drill
88 Energy Limited (88E:LON) | 0.3 0 0.0% | Mkt Cap: 64.7m
- Published:
25 Jan 2019 -
Author:
James McCormack -
Pages:
5
This morning, 88 Energy released its Q4/18 report, updating investors on its progress across the Company's suite of unconventional and conventional assets in Alaska. 88 Energy is well financed following a successful capital raises in Q4/18 with cash reserves of A$21.7m (US$15.4m), the Company is in a good position for its near-term work programme which includes the drilling of the Winx-1 well in the Western Blocks and the farmout of its conventional Project Icewine acreage.