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/

News due soon, on the rise

INVESTMENT EXTRA: Under-explored Morocco on the radar of oil companiesBy Ian Lyall
PUBLISHED: 22:32, 10 August 2012 | UPDATED: 15:18, 11 August 2012


AIM and ASX-listed Tangiers believes the Atlantic waters off Morocco could harbour a rich bounty.

It estimates the recoverable resource from its concession on the Tarfaya block could be anywhere from 156million barrels to an eye-popping 5billion barrels of oil.


http://www.thisismoney.co.uk/money/investing/article-2186720/INVESTMENT-EXTRA-Under-explored-Morocco-radar-oil-companies.html

New Petroleum Exploration Permit Granted
PRNW


14 August 2012

TANGIERS PETROLEUM LIMITED

Tangiers Granted New Petroleum Exploration Permit NT/P83, offshore Australia

Highlights

* Tangiers' awarded Petroleum Exploration Permit NT/P83 following successful
work program bid.

* Approximately 15,000 km2 added to Australian exploration portfolio.

* Permit is believed to be highly prospective for hydrocarbons based on
source and reservoir rocks of several age units.

Tangiers Petroleum Limited (ASX:TPT, AIM:TPET, "Tangiers" or "the Company") is
pleased to announce that it has received written confirmation from the National
Offshore Petroleum Titles Administrator (NOPTA) that the Company had been
successful in its work program bid and has been granted Petroleum Exploration
Permit NT/P83 (NT/P83). It is anticipated that NOPTA will cause a notification
of the grant to be published in the next edition of the Commonwealth Gazette.

NT/P83 (formerly Release Area NT P11-1) lies in the Arafura Sea to the north of
Melville Island and the Coburg Peninsula of the Northern Territory and is
approximately 100 kilometres north of Darwin (Figure 1), Australia. It
comprises and area of approximately 15,000km2 and is in waters shallower than
200 m.

A number of exploration wells have been drilled in the vicinity of the permit
with gas discoveries to the west in the wells Caldita-1, Lynedoch-1 and ST-1,
Lynedoch-2; and gas shows in the Beluga-1 well. Oil shows were encountered to
the east of the permit in the Kulka-1 and Tasman-1 wells. The large Evans
Shoals and Abadi gas fields are located to the west and northwest of the permit
in the Malita Graben-Darwin shelf area.

The permit lies in the Money Shoals Basin, a relatively undeformed Jurassic to
Cainozoic sequence that unconformably overlies the mainly Paleozoic rocks of
the Arafura Basin. Part of the acreage extends into the Arafura Basin with
folded and faulted Palaeozoic to lower Mesozoic rocks. The Golburn Graben is
also present in a portion of the permit and is a dominant northwest to
southeast Palaeozoic intra-cratonic rift basin. With several age units of
source and reservoir rocks, this permit area is expected to be highly
prospective for hydrocarbons.

The Company's proposed exploration program will initially focus on performing
geotechnical studies and the acquisition of 500km of 2D seismic data.

Mark Ceglinski, Executive Chairman of Tangiers Petroleum, commented, "The grant
of NT/P83 is a exciting step in furthering the Company's strategy to expand its
exploration portfolio and leveraging the Company's technical expertise to
identify potential leads and plays in areas believed to be highly prospective
for hydrocarbons. NT/P83 is an excellent complement to the company's existing
Moroccan and Australian acreage."

Qualified Person

The information in this announcement was produced by Mrs Margaret Hildick-Pytte
who is the Director of Exploration for Tangiers and Mr Brent Villemarette who
is an Executive Director of Tangiers. Mrs Hildick-Pytte holds a BSc and MSc in
Geology and is undertaking a MSc in Petroleum Engineering. She is a member of
SPE, AAPG, the SPWLA and PESA. Mr Villemarette is a petroleum engineer with
over 30 years of experience and is a member of the Society of Petroleum
Engineers. Mrs Hildcik-Pytte and Mr Villemarette have reviewed this
announcement and consent to its release. Terminology and standards adopted by
the Society of Petroleum Engineers ("SPE") "Petroleum Resources Management
System" have been applied in producing this document.

Under these standards:

"Undiscovered Oil Initially in Place" is that quantity of oil which is
estimated, on a given date, to be contained in accumulations yet to be
discovered. The estimated potentially recoverable portion of Undiscovered Oil
Initially in Place is classified as Prospective Resources, as defined below;
and

"Prospective Resources" are those quantities of oil or gas which are estimated,
on a given date, to be potentially recoverable from undiscovered accumulations

Look forward to drilling partners news and getting the drill turning.

Yesterdays news with some maps. Surprised at the sp fall today.

Tangiers Granted New Petroleum Exploration Permit NT/P83, offshore
Australia


http://clients2.weblink.com.au/clients/tangierspetroleum/archive/article.asp?asx=TPT&view=6600111

20 August 2012
TANGIERS PETROLEUM LIMITED - AUDIO BROADCAST
New Petroleum Permit NT/P83 Granted




20 August 2012
TANGIERS PETROLEUM LIMITED - AUDIO BROADCAST
New Petroleum Permit NT/P83 Granted
Tangiers Petroleum Limited (ASX:TPT, “Tangiers” or “the Company”) provides the
opportunity to listen to an audio broadcast with Mark Ceglinski, Executive Chairman and
Margaret Hildick-Pytte, Director of Exploration in relation to the newly granted petroleum permit
NT/P83.
To listen, copy the following details into your web browser:
brrmedia.com/event/102027
The presentation details are as follows:
Title: Tangiers Petroleum granted new petroleum permit NT/P83 offshore Australia
Speakers: Mark Ceglinski, Executive Chairman and Margaret Hildick-Pytte, Director of
Exploration
Live date: Mon, 20 Aug 2012 11:30am AEST


http://www.brrmedia.com/event/102027

http://clients2.weblink.com.au/clients/tangierspetroleum/article.asp?asx=TPT&view=6600702

Morocco - A magnet for savvy oil explorers
20th Jul 2012, 1:09 pm by Ian Lyall

http://www.proactiveinvestors.co.uk/companies/news/45803/morocco-a-magnet-for-savvy-oil-explorers-45803.html

I hope i dont miss the boat on this one.......when to buy in is the problem as money else where eg FOGL hmmmmm

Decisions, decisions marky lol. I hope your others come in for you and you get time to jump in here. Perhaps we will get some updates on Thursday. Good luck with your investing.

The directors of Dart Energy (ASX: DTE), Tangiers Petroleum (AIM: TPET) and New Zealand Energy Corp. (TSX-V, OTCQX : NZ) will be presenting:
Thursday the 23rd August 2012,
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

http://clients2.weblink.com.au/clients/tangierspetroleum/article.asp?asx=TPT&view=6600822

Tangiers Petroleum: Recent Morocco news flow "very positive", says broker

http://www.proactiveinvestors.co.uk/companies/news/47383/tangiers-petroleum-recent-morocco-news-flow-very-positive-says-broker--47383.html

Tangiers Petroleum receives exploration permit NT/P83 from NOPTA

http://www.equities.com/news/headline-story?dt=2012-08-29&val=425501&cat=energy

Rumours that Range resources has sold its 5% holding in Tangiers petroleum.

Hmmmm.........PL must want to buy shares in Range..........To get the SP up?

I still have to question why Range would want to sell shares in a company about to head North?...........Interesting

Await news, very interesting.

I'm not thinking straight........PL has probably made more on this Share than he has on his own company share........What price did Range buy Tangiers at?

Good question

Range Resources Limited announced that it has made a strategic investment in Tangiers Petroleum Limited. Tangiers Moroccan assets include the prospective offshore Tarfaya block. Range has subscribed for 5 million shares at AUD0.40 for a placement of AUD2 million, representing 5.7% of Tangiers expanded issued share capital.

$0.40 = 26 pence

Sounds like he paid 26 pence another great deal not mr pl. Thats if he has sold ofcourse

His management skills thus far are in question.............So who knows what he will say or do next.

Anyway, sorry for discussing PL.....We should be discussing how far North is Tangiers going?