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IN BRIEF: 88 Energy nears completion with ice pad construction

ALN

88 Energy Ltd - Australia-based oil explorer in US state of Alaska - Says its Hickory-1 ice pad construction in Alaska is nearing completion. Says that the pre-spud operations are on schedule and that the spud of the Hickory-1 well is on track for early March. Expects the mobilisation of Nordic Calista’s Rig-2 to the Hickory-1 well location to start shortly.

Current stock price: 0.65 pence

12-month change: down 71%

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