88 Energy (“88E”) released its Q3’CY25 quarterly report. It advanced towards the next appraisal phase at its Project Phoenix (~75% working interest), where JV partner Burgundy Xploration continued to meet all 2025 lease obligations and progressed its funding strategy to support the Franklin Bluffs-1H horizontal well, targeting spud in mid-2026. The farm-out structure agreed earlier in the year provides up to US$39mm of gross funding, fully carrying 88E through a multi-phase programme including d ....
