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Water levels in the Tampa Bay region are expected to rise between 12 and 19 inches over the next 30 years, according to the National Oceanic and Atmospheric Administration’s recent
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has in separate statements revealed that its equity fund raise was oversubscribed and informed investors that it...
88 Energy has announced an oversubscribed placement to raise A$17.5 million (before costs) from domestic and international institutional and sophisticated investors. Funds to be directed towards the planned Hickory-1 well at Project Phoenix, payment for the new Project Leonis acreage, portfolio expansion opportunities / new ventures and additional working capital.
88 Energy has confirmed that the Permit to Drill (PTD) has been approved by the Alaska Oil and Gas Conservation Commission (AOGCC) for the Hickory-1 well, located in Project Phoenix on the North Slope of Alaska. Flow testing of the Hickory-1 well is planned to be undertaken in the 2023/24 winter season, subject to well results.
Investegate announcements from 88 Energy Limited, Hickory-1 Operations Update