What is going on with 88 Energy?

What is going on with 88 Energy?

88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has contracted Doyon Drilling Inc for the use of the Arctic Fox rig to drill the Merlin-2 appraisal well in Alaska. It is planned that Merlin-2 will be drilled in February 2022.

Will Eeenf stock recover?

Will 88 Energy stock price grow / rise / go up? Yes. The EEENF stock price can go up from 0.0214 USD to 0.0247 USD in one year.

Why is 88 Energy stock dropping?

88 Energy’s share price is plummeting after the company reported it has entered into an agreement to acquire Alaska Peregrine Development Company’s (APDC) 50% working interest in Project Peregrine, located in Alaska.

Is 88 Energy a real company?

88 Energy Limited is an oil and gas exploration company. The Company operates working interests in an offshore block in Morocco and Alaska.

How high can 88 Energy stock go?

Will 88 Energy stock price grow / rise / go up? Yes. The TNGRY stock price can go up from 0.0160 USD to 1.413 USD in one year.

Will 88 Energy find oil?

88 Energy Limited (ASX, AIM: 88E) has announced that the evaluation of the Merlin-1 well has successfully demonstrated the presence of oil in multiple stacked sequences in the Cretaceous Nanushuk Formation.

Is 88E the same as EEENF?

88 Energy Limited (ASX:88E; AIM:88E; OTC:EEENF) has entered into an agreement with Alaska Peregrine Development Company, LLC (APDC) that will facilitate continuation of the exploration program at Project Peregrine next winter.

Is 88E the same as Eeenf?

How long has 88 energy been in business?

1996
88 Energy (ASX:88E) is an exploration company currently exploring onshore Alaska in a prolific liquids-rich area. It was established in 1996 and is based in Perth, Western Australia.

Where is 88E drilling?

North Slope of Alaska
Our oil exploration investment 88 Energy (ASX:88E) is getting closer to its “annual drilling event” – with its next oil well on track to be drilled in February 2022 on the North Slope of Alaska.

How many shares of Eeenf are there?

Share Statistics

Avg Vol (3 month) 3 47.97M
Shares Outstanding 5 14.81B
Implied Shares Outstanding 6 N/A
Float 8 12.78B
% Held by Insiders 1 2.27%

What is 100x stock?

“100x” refers to stock prices rising 100-fold over time i.e. “100-baggers” in stock market jargon. A 1972 study in the US revealed that 365 US stocks rose at least 100-fold in a 40-year time window.

What did 88 energy announce?

(Sharecast News) – 88 Energy updated the market on operations on the North Slope of Alaska, and the ongoing testing programme following the drilling of the Merlin-1 well, on Wednesday, reporting that…

What is 88E Energy Limited?

88 Energy Limited is an oil and gas exploration company which has exploration permits located in Alaska. The major focus of the company is on Icewine project in Alaska. Created with Sketch. Created with Sketch. Created with Sketch. Created with Sketch. Is 88e a Ponzi scheme? Interest gathering momentum? Created with Sketch. Created with Sketch.

What is the major focus of the company 88E?

The major focus of the company is on Icewine project in Alaska. Created with Sketch. Created with Sketch. Created with Sketch. Created with Sketch. Is 88e a Ponzi scheme? Interest gathering momentum? Created with Sketch.

Who is 8888 energy?

88 Energy is an Alaska-focused oil exploration and appraisal company across ~440,000 net acres on the Alaskan Central North Slope and NPR-A regions, with a diversified portfolio of four highly prospective project areas: Project Icewine, Yukon Leases and Project Peregrine and the Umiat oil field.