88 Energy has completed a A$12m rights issue and a placing to fund ongoing activity across the Company's high impact asset base. This includes the flow testing of the Hickory-1 well at Project Phoenix, where multiple hydrocarbon bearing zones were encountered across all pre-drill targets, including the new Upper Slope Fan System. The Hickory-1 flow test programme is scheduled to commence as early as possible in the 2023/24 winter operational season. A positive flow test result will expedite the ....
