88 Energy (“88E”) has secured 14 new leases (~35k acres) on the Alaskan North Slope, expanding its footprint both east and west of Project Leonis. Seven of the leases sit directly south of Prudhoe Bay – North America’s largest oilfield. The acquisition aligns with 88E’s long-term North Slope strategy of targeting low-risk opportunities supported by modern 3D seismic, regional well control and potential low-capex development. The broader basin backdrop is favourable as Federal and State agencies ....
20 Nov 2025
88 Energy: New acreage adjacent to North America’s largest oil field
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88 Energy: New acreage adjacent to North America’s largest oil field
88 Energy Limited (88E:LON) | 1.0 0 (-2.3%) | Mkt Cap: 12.2m
- Published:
20 Nov 2025 -
Author:
Anish Kapadia -
Pages:
8 -
88 Energy (“88E”) has secured 14 new leases (~35k acres) on the Alaskan North Slope, expanding its footprint both east and west of Project Leonis. Seven of the leases sit directly south of Prudhoe Bay – North America’s largest oilfield. The acquisition aligns with 88E’s long-term North Slope strategy of targeting low-risk opportunities supported by modern 3D seismic, regional well control and potential low-capex development. The broader basin backdrop is favourable as Federal and State agencies ....