88 Energy Limited (formerly Tangiers Petroleum Limited) is an ASX listed exploration exploration company that has recently announced the acquisition of a new, potentially world class oil asset located in Alaska. It also has a 25% stake in the Tarfaya Offshore Block is located on the Moroccan Atlantic margin and was acquired by the company in 2009.

Alaska-project-icewine

morocco

http://88energy.com/

nice. :-))

Another good day in the UK by the looks of things. This and Sound are my two biggest holdings, so hoping for big news from both in 2017!

Well one thing can be guaranteed and that is, there will be news from both, maybe in 2016 for 88E, good or bad! If only the former could be guaranteed!

Busy last half hour. Next news please.

Proactive investor - 88 Energy shares could add more than a third in coming months

09:55 12 Jan 2017


The ‘King of Charts’ Zak Mir is tipping oil and gas explorer 88 Energy ltd (LON:88E) to add more than a third to its share price over the coming weeks and months.
In the latest episode of the Proactive Investors Bulletin Board, Mir says: “The view at the moment is while we’re above the 50-day moving average of 2.3p we could at least retest the August resistance zone towards 3.5p.”

RNS out in the morning will confirm that the results from the 2D seismic interpretation continue to exceed expectations for the conventional potential across Project Icewine and whilst the conventional Prospective Resource is very large, it is eclipsed by the potential of the HRZ, especially given the recently expanded acreage position. Additionally, the HRZ has been de-risked via analysis of the results from Icewine 1 and remains the Company's primary objective. Preparations for the drilling of Icewine 2 remain on track.

Taking its time this one.

Bought some @ 2.475p

Has been around this bottom for a few days, and Indicators are turning up.

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Quarterly activities report

Investor Briefing

RNS


RNS Number : 9010V

88 Energy Limited

02 February 2017




2 February 2017



Investor Briefing London 20th February 2017



88 Energy Limited ("88 Energy", "the Company", "Operator") (ASX, AIM: 88E) is pleased to invite investors and analysts to register their interest for attendance at an Investor Briefing to be held in central London on 20th February 2017, commencing at 4.30 p.m..



Registration details and further information will be supplied upon successful confirmation communication by the Company with each recipient. 88 Energy reserves the right to select attendees at its sole discretion. The session will be recorded and made available on the Company's website for those unable to attend in person.

Hmmm drifting south.

Let the hand brake off.

Rig Contract Executed for Drilling of Icewine#2
88 Energy Limited (ASX, AIM: 88E) is pleased to provide an update on Project Icewine, located onshore North Slope of Alaska.
Highlights
· Rig contract executed for drilling of Icewine#2 appraisal well
o Doyon Drilling Inc's ("Doyon") Arctic Fox rig expected to mobilise to Icewine#2 location between 30th March - 30th April post completion of drilling on nearby acreage
· Spud date revised from late Q1 2017 to early Q2 2017
Managing Director of 88 Energy Limited, Dave Wall commented: "We are delighted to be working with Doyon for the upcoming drilling of Icewine#2. The Arctic Fox is one of the premier rigs on the North Slope and will be coming to us 'warm' off its current job, which has several significant benefits.
As soon as the Arctic Fox finishes work associated with its current job, we will be ready to start mobilisation and rig up for Icewine#2. Spud is now scheduled for a few short weeks post our initial plan of late Q1 2017.
Additional details in relation to the Icewine#2 well will be released to the market in due course."

Icewine#2 Progress Update
On 16th February 2017, Accumulate Energy Alaska, Inc entered into a contract with Doyon Drilling Inc to utilise the drilling rig, Arctic Fox, for drilling of the Icewine#2 appraisal well. The Arctic Fox is currently completing drilling operations on nearby acreage on the North Slope and is expected to mobilise to the Icewine#2 wellsite between 30th March and 30th April 2017, with spud to follow shortly thereafter.

Proactive investor = Is 88 Energy on the verge of unlocking several billion barrels of oil potential?
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15:26 20 Feb 2017
Managing director Dave Wall told Proactive Investors that the spud date for Icewine 2 is anticipated in April.

Icewine 2 will be drilled in 45 days, followed by testing.
The upcoming well for 88 Energy Ltd (LON:88E, ASX:88E) is two years in the making, and managing director Dave Wall says it is ‘crunch time’ for the Icewine project.
88 Energy’s first Icewine well, drilled in late 2015, confirmed a potentially significant new shale play up in Alaska’s North Slope region and the next well, slated for Q2 2017, is designed to test the discovery’s commercial viability.
Wall told Proactive Investors that the spud date for Icewine 2 is anticipated in April, and the well is expected to take 45 days to drill.
“Really this is the key event in terms of unlocking the value of this play,” Wall said in an interview.

Once drilled, the Icewine 2 well will be stimulated and subsequently a production flow test be undertaken, with results anticipated by mid-2017.
The HRZ shale play that’s being tested in Icewine 2 is the priority for 88 Energy, Wall explains, but, in the interview, he also discusses the conventional potential across its large acreage position.
Wall describes the potential for billion barrels of non-shale potential as the ‘cherry on the cake’ for 88 Energy.
Success in the shale project, meanwhile, could unlock resources that are estimated in excess of 3bn barrels of oil.
“We are on the verge of potentially unlocking several billion barrels of oil potential through the drilling of this one well, so it is that pivotal moment that every exploration company gets to at some point in time.
“The upside here is enormous for us.”

hTTps://www.youtube.com/watch?v=BLdUFCVCa0Q

Substantial buys coming in.

On the rise

New presentation 20Feb vid is now on the 88 Web Site.

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Investor
Vidio

http://88energy.com/

The placement announced last week has been significantly oversubscribed. Trading on ASX has recommenced.