88 Energy has secured Nordic-Calista’s Rig-3 as it progresses Augusta-1 towards a planned Q1 2027 spud in Alaska. 88 Energy Limited (ASX: 88E) has moved its South Prudhoe story from resource growth to drilling readiness, telling the market its priority Augusta-1 exploration well on Alaska’s famed North Slope remains firmly on track for a planned Q1 2027 spud. The company says the well is designed to test 133.7 million barrels of gross unrisked prospective resources, or

Alaska North Slope wellhead in winter conditions awaiting 88 Energy’s Augusta-1 test of the stacked South Prudhoe oil system in 2027. 88 Energy (ASX: 88E) has supercharged the scale of its South Prudhoe project on Alaska’s North Slope, lifting total gross unrisked prospective resources by 35 per cent to 768.9 million barrels (MMbbls) of oil and natural gas liquids and sharpening the case for its potentially transformational Augusta-1 exploration well. The company says t

Historical seismic acquisition over 88 Energy’s PEL 93 acreage, Namibia. 88 Energy (ASX: 88E) has guaranteed its exposure to Namibia’s emerging Damara Fold Belt play after locking in an unconditional 20 per cent stake in the giant PEL 93 licence, while slashing future funding commitments by US$15M ($23M). The reshaped deal with operator Monitor Exploration leaves 88 Energy fully carried into the acreage from a farm-in perspective, while preserving flexibility to increas

88 Energy has secured Nordic Callista’s Rig-3 for its Augusta-1 exploration well, next Alaskan winter. Credit: File 88 Energy (ASX: 88E) has locked in a key piece of the puzzle for its next high-impact drilling campaign on Alaska’s famed North Slope, executing a contract for a familiar rig to drill the potentially high-impact Augusta-1 exploration well. The company has secured the services of Nordic-Calista Services’ Rig-3, a fully winterised Arctic drilling unit purpos

88 Energy’s Hickory-1 well pad at their Phoenix project, North Slope, Alaska. Credit: File 88 Energy (ASX: 88E) has flipped the script on its Alaskan North Slope ambitions, trading high-risk, high-return wildcat swings for a tighter, data-driven game plan that will see it go after far less risky targets. The company has jettisoned some of the projects that have weighed it down over the years, and it has now managed to piece together new acreage in Alaska’s oil-rich North Slop

This week’s Bulls N’ Bears ASX Runner of the Week is… 88 Energy. Credit: Bulls N' Bears/File Dire straits in the Strait of Hormuz. Turns out the skinny little waterway – the one funnelling 20-25 per cent of the world’s oil and a hefty chunk of LNG – really is the artery the global economy can’t live without. And when Iran starts lashing out at anything floating within drone range, the whole system goes berserk. Oil absolutely went full rocket mode as oil tankers and cargo shi

88 Energy’s Project Phoenix oil Project in Alaska, which is set for production testing in 2026. Credit: File 88 Energy (ASX: 88E) has fired the starter’s gun on what could be a defining moment for the company, confirming it will run a fully funded horizontal well and extended 90-day production test at its Project Phoenix oil project during the second half of 2026. Sitting in Alaska’s North Slope region, Project Phoenix has already delivered stellar results for the West Perth

88 Energy has landed 34,560 acres of prime oil acreage in Alaska near the biggest conventional oilfield in the US. Credit: File Perth-based 88 Energy (ASX: 88E) has strengthened its grip on Alaska’s North Slope with a successful bid for 14 new leases covering roughly 34,560 acres in the latest state lease sale. The new ground splits neatly into two high-impact blocks which sit either side of the company’s existing Project Leonis and importantly nearby the existing Trans-Alas

88 Energy and joint venture partner Monitor Exploration plan a high-resolution airborne gravity, magnetic and radiometric survey this...

88 Energy has entered binding terms for a farmout agreement with Texas-based Burgundy Xploration to develop its Project Phoenix oil...

88 Energy is planning to drill its Tiri-1 exploration well in its Leonis project on Alaska’s North Slope to test its maiden prospective...

Flow testing six months ago at the Hickory-1 well, which is part of 88 Energy’s massive Project Phoenix on Alaska’s oil-and-gas-rich...

Seismic data from four new Alaskan petroleum leases, picked up by 88 Energy, adjacent to the company’s existing Project Leonis, has...

88 Energy’s lead inventory at its massive PEL93 onshore hydrocarbon exploration licence outlined as a 3D view of interpreted 2D seismic...

88 Energy (ASX: 88E) has wrapped up a successful 2D seismic program across its petroleum exploration licence 93 (PEL93) in Namibia’s...

88 Energy (ASX: 88E) has today reported a significant increase in the oil and gas resources in two of the six key reservoirs at its...

Oil and gas explorer 88 Energy (ASX: 88E) is expecting imminent results on oil samples from the Hickory-1 discovery well at its flagship...

88 Energy (ASX: 88E) ’s bid to validate new oil targets in the recently-revived Owambo Basin in Namibia has taken a significant step with...

In a bold bid to unveil Namibia’s onshore resource treasures, 88 Energy (ASX: 88E) has launched a major new 2D seismic acquisition...

88 Energy (ASX: 88E) says its maiden net mean prospective resource estimate for its Leonis project on the North Slope of Alaska shows 381...