Porta Communications shares jump after board reshuffle
Shares in InnovaDerma and Porta Communications have advanced while shares in Audioboom and Nyota Minerals have fallen
Company
88 Energy Ltd
LON:88E
88 Energy Ltd is a multi-listed oil and gas exploration and production company with a North American focus. The company has operator exploration and appraisal projects in onshore Alaska and non-operator exploration in onshore Namibia. It has been operating on the North Slope of Alaska since 2015, successfully drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position.
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88 Energy making significant progress with latest Alaska well
Spudded April 24, the drill bit reached 2,978 feet by 8.33pm on April 27, marking the completion of the surface hole.
FTSE 100 dragged lower as Brexit worries whirl; Sainsbury's weighs
The FTSE 100 closed 15.52 down at 7,234 with Sainsbury's and mining shares under pressure
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A look back at the week’s highlighted news for junior oilers
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‘Exciting’ 88 Energy Plc set for pivotal result in Alaska
A 30 to 45-day drill programme got underway on Alaska's North Slope earlier this week.
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Proactive news round-up: Mariana Resources, KEFI Minerals, Windar Photonics …
A glance at some of the stories on the Proactive newswire today
88 Energy is one of the most exciting companies on AIM - broker
“US Shale oil is clearly back in business,” analyst Brendan Long said in a note.
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Proactive news round-up: Collagen Solutions, Sound Energy, Europa Oil & Gas …
A glance at some of the stories on the Proactive newswire today
88 Energy kicks off hotly anticipated Icewine-2 drilling
The Arctic Fox rig started drilling Icewine-2 last night, at 19:15 local time in Alaska.
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Proactive weekly oil and gas news - Hurricane Energy Plc, 88 Energy Ltd and more
The new estimates, revealed in a new power point presentation, put the field’s oil-initially-in-place in a range of 1.29bn to 3.03bn barrels
UK Oil & Gas Investments Horse Hill lookalike well joins the watch list along with Kazakh pair
Two companies, three wells
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Proactive news round-up: StatPro Group, Bushveld Minerals, Hurricane Energy ...
A glance at some of the stories on the Proactive newswire today
88 Energy all clear to start new drilling in Alaska
A programme of well stimulation and testing is slated for June/July.
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Proactive news round-up: Brave Bison Group, Firestone Diamonds, Abenza …
A glance at some of the stories on the Proactive newswire today
88 Energy’s Icewine-2 appraisal well is on schedule for April spud
The explorer told investors that it expects to start stimulation operations and flow testing of the HRZ shale in June-July.
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Proactive weekly oil news – Sound Energy, Tullow Oil, SDX Energy ...
A look back at the week’s highlighted news for junior oilers
Storm of interest in Hurricane well ahead of drill results
Drilling down into the world of E&P as we keep tabs of on the gushers and dusters
Goals Soccer scores with second half recovery
FlowGroup has selected a preferred bidder for its microcho boiler business. Also Versarien and Bahamas Petroleum.
88 Energy starts Icewine-2 programme, on schedule for April spud
Managing director Dave Wall says 88 Energy is now entering an 'exciting phase' at its new shale discovery, on Alaska's North Slope.
New Alaska oil discovery underlines the conventional possibilities for 88 Energy
Alaska's North Slope is now host to the largest discovery onshore USA for thirty years, and that bodes well for 88 Energy's own conventional prospects.
88 Energy boss says risk appetite is returning to the market
Improving market conditions and Icewine’s exciting potential were important factors supporting the successful placing, according to chief executive Dave Wall.
Urals Energy jumps on plans for Russian assets
Some of the largest rises and falls in London at 15:45pm: Urals Energy, Acacia Mining, Vela Technologies
88 Energy raises A$17mln ahead of Icewine-2 drill programme
The share placing was oversubscribed and 88 Energy is now issuing 459mln new shares at a price of 3.7 Australian cents (equivalent to 2.3p).
FTSE 100 stocks dragged lower by miners and copper price drop shock
The FTSE 100 was down 32 points to 7,342 shortly after 3.15pm on Monday
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Proactive weekly oil news - Angus Energy, 88 Energy and Northern Petroleum
The week ended with explorer Angus Energy updating on the Brockham well
Further reaction to this week's news boosts Wey Education and Rosslyn Data Technologies
Some of the largest rises and falls in London at 3.20pm included Wey Education, Rosslyn Data Technologies, Thor Mining
88 Energy flags £10.6mln share placing ahead of Icewine-2 well
It is selling new shares to investors ahead of the potentially high impact Icewine-2 appraisal well in Alaska, which aims to prove the commerciality of a new shale discovery.
FTSE shares end flat, give back record peaks, except Vesuvius
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
Is 88 Energy on the verge of unlocking several billion barrels of oil potential?
Managing director Dave Wall told Proactive Investors that the spud date for Icewine 2 is anticipated in April.
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Proactive weekly oil report, including Falcon Oil & Gas, Jersey Oil & Gas and more
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Proactive news round-up: EG Solutions, Avation, Gulfsands Petroleum ...
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Investors should keep a close eye on 88 Energy’s Icewine well - broker
“We suggest keeping a close eye on this well given the massive landholding of the company" says WH Ireland.
Metal Tiger strongly extends yesterday's leap; Laura Ashley drops
The main risers and fallers around 2.45pm included Metal Tiger, CloudTag, Laura Ashley ...
88 Energy hires contractor for Icewine-2 well
“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."
Investments and investor services
FTSE shares ease with lower Wall St and ex-dividend stocks
FTSE 100 shares closed lower, dragged down by weaker US stocks and a flurry of ex-dividend stocks in London
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Proactive weekly oil and gas news - Angus Energy, SDX Energy, Genel Energy and more
A look at the junior oil and gas market news this week
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Proactive news round-up: Minds + Machines, Kromek Group, Clinigen Group …
A glance at some of the stories on the Proactive newswire today.
88 Energy is on track for Icewine-2 drilling, reflects on quarter of positioning
Icewine-2 aims to test the production potential of the HRZ shale discovery on Alaska's North Slope, and drilling starts later in this quarter.
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Proactive oil & gas highlights: 88 Energy, Premier Oil, SDX Energy and more…
88 Energy now sees 1.5bn barrels of conventional oil resources in Alaska, while SDX Energy has snapped up Circle Oil’s Egypt and Morocco assets
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Proactive news round-up: 88 Energy, Iofina, Ariana Resources ...
A glance at some of the stories on the Proactive newswire today.
88 Energy now sees 1.5bn barrels of conventional oil resources in Alaska
Some 710mln barrels of oil were estimated in the final portion of 88 Energy's assessment of Project Icewine's conventional exploration leads, it takes the inventory to 1.47bn barrels.
Proactive’s most-watched videos of 2016
We take a look back at a few of the most popular videos we published over the past year
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Proactive weekly oil news - Sound Energy and Empyrean Energy
A looks at the weekly news from the oil and gas small cap sector
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Proactive news round-up: 88 Energy, Nanobiotix, Bacanora Minerals...
A glance at today's headlines on the Proactive newswire ...
88 Energy expands Alaska acreage to capture exploration upside
The explorer and its partner has secured new acreage that's prospective for both conventional and unconventional oil potential, near its Project Icewine shale discovery.
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Proactive weekly oil and as highlights - 88 Energy, Greka Drilling and more
A look at some significant announcements from the oil and gas sector
88 Energy's conventional oil potential is stacking up
88 Energy expects to have estimates of the resource potential in its conventional oil inventory in the coming weeks.
88 Energy on-track for second Icewine shale well in early 2017
"The company is on the cusp of testing the flow potential of the HRZ resource play,” said managing director Dave Wall.
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Proactive oil and gas highlights - Hurricane Energy, Ascent Resources, 88 Energy and more
A look at the small cap oil and gas sector this week
88 Energy could double on appraisal drilling success, research report says
Success with the next well can put 88 Energy in a strong position, EverBlu Research says.
88 Energy says it's on schedule for next Alaska shale well
88 Energy's Icewine-2 shale well is expected to spud in Alaska during the first quarter of 2017.
88 Energy’s conventional oil potential is becoming very hard to ignore
“There’s a lot more oil to be discovered on the North Slope, we’re seeing that happening and hopefully we’ll be next,” says 88 Energy managing director Dave Wall.
Proactive news summary, including Hurricane Energy, DiamondCorp, Wishbone Gold, Arian Silver and more
A look at some of the significant news stories of the day form the small cap world
Funding boost for Sirius Minerals and 88 Energy, but its GAME OVER for Xcite
Suddenly there’s cash swilling around the AIM natural resources sector, but the return of positive sentiment is too little too late for Xcite Energy.
Just how much oil can 88 Energy unearth in Alaska?
A scan of Icewine’s inventory reveals some very bold numbers: 3.6bn is estimated in shale, whereas conventional oil could exceed 750mln barrels.
Risers & fallers: Botswana Diamonds loses lustre as it commences drilling
Botswana Diamonds said drilling has commenced on kimberlite pipe AK 22 on Licence PL 260 in the Orapa area of Botswana
88 Energy details 758mln barrels of conventional oil potential at Icewine
Interim results from a new seismic programme have significantly exceeded 88 Energy's expectations. Analysis is only half way through, but it has so far unearthed 758mln barrels of conventional oil potential in the 'top 5' exploration leads.
New Alaska discovery underscores 88 Energy’s untapped potential
Data from two well in Alaska's North Slope region has unearthed a 6bn barrel oil discovery. It shows the potentially significant untapped potential for 88 Energy, which at the moment is prioritising its 1.4 to 3.6 billion barrel shale play.
Will 88 Energy shares rally through to the end of 2016?
Studying the chart Zak Mir notes that a ‘golden cross’ trigger preceded a sharp rise in 88 Energy’s share price early in 2016, and it has remained in an uptrend since.
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Proactive oil highlights: 88 Energy, Aminex, Hurricane, Rockhopper, Solo Oil and more...
The weekly round up of oil news from the world of Proactive.
Keep eye on drilling next door to 88 Energy says broker
One of these wells is expected to be close to 88’s acreage said Patersons.
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Proactive weekly oil highlights: 88 Energy, Aminex, Hurricane Energy and more...
Weekly round up of news headlines from the world of oil...
Most followed companies including 88E, CTAG, PROX, SRSP, SXX
Proxama and Sirius Petroleum were hot topics on Twitter and the bulletin boards today.
UK top line shares dip on oil glut setbacks, but smaller stocks rise
Crude prices pared 5% gains as Russia and Saudi failed to act
Risers & Fallers: Carr's Group, Distil, Equatorial Palm, Mears, Plus 500, Proxama
Dr Sam Malafeh, the new deputy chief executive officer of AEC Education, has subscribed for £200,000 of shares at 5p each.
88 Energy near term endeavours focussed on next Icewine well
88 Energy's Icewine 2H is scheduled to ‘spud’ in the first quarter of next year.
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Proactive oil highlights: Centrica, Falcon, Green Dragon, Greka, Magnolia, Sound Energy and more...
A round up of the oil headlines from the world of Proactive.
Proactive news highlights: 88 Energy, Caledonia Mining, FairFX, Minds + Machines and more...
Sareum Holdings plays down a recent report, Eurasia Mining agrees a refining contract and Minds + Machines is seeing exceptional growth.
88 Energy Ltd all on track for second Icewine well
The well will be the second on 88 Energy's acreage in Alaska.
Investments and investor services
Tissue Regenix stands out as tendon technology shows movement in regulatory process
The market was encouraged by Tissue Regenix with the stock advancing 16% over the last five trading days.
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Proactive oil highlights: 88 Energy, Genel Energy, Haydale, Mosman, Union Jack and more
The weekly round up news and updates from the world of oil
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Proactive oil highlights: 88 Energy, Falcon Oil & Gas, Gulf Keystone, Infrastrata, Rockhopper and more...
The weekly round up of oil industry news from Proactive.
Seven oil stocks to watch as crude price nears US$50
Here, we take a look at some of London’s high profile oil stocks on most investor’s watch lists as the recovery in crude prices near US$50 per barrel.
FTSE 100 Index rings up gains amid Vodafone cheer
The FTSE 100 Index gained 29.16 points to about 6181 by lunchtime
Risers & Fallers: Craven House, Haynes Publishing, Intelligent Energy, Inspirit, Karelian, Tejoori,
There is a glitch in the Matrix: two companies have placed shares and seen their share prices surge.
FTSE100 and small caps head higher at open
The blue chip index is up around 54 points at the time of writing to 6,205, with miners doing well
88 Energy boss Dave Wall buys 2mln shares in the market
The share purchase follows 88 Energy's apparent breakthrough success with a shale discovery in Alaska.
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Proactive oil highlights: 88 Energy, Canadian Overseas Petroleum, Ithaca and more...
A round up of all this week's mining news from Proactive.
Proactive news highlights: Botswana Diamonds, Metminco, Shanta Gold, Sirius and more...
Botswana Diamonds raises half a million, Shanta Gold restructures finances and China Nonferrous Gold agrees new loan.
88 Energy to get a better look at Icewine 2 well location
88 Energy said it expects to see “better coverage, resolution and fold at depth” for the proposed location of the upcoming Icewine-2H well.
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Proactive oil weekly: Eland Oil, Green Dragon, LGO Energy...
A summary of small cap oil and gas company news released in the past week
Proactive news highlights: ANGLE, Eland Oil & Gas, Fastjet, Obtala, Tekcapital and more...
Fastjet agrees to early lease termination, ANGLE's cancer detection device takes off and Obtala agrees to full settlement.
88 Energy readies for second well in Alaska
Next quarter will see the appraisal and evaluation of the results so far ahad of its second exploration well.
Proactive news highlights: 88 Energy Ltd, Andes Energia, Oracle Coalfields, mporium and more
88Energy funding inundated with demand, African Potash shares slump and Andes Energia confirms production volumes.
Risers & Fallers: Flying Brands, Iofina, Onzima Ventures, N Brown..
Main share price risers and fallers trading in London today
88 Energy confirms new funding plans for Alaska oil shale project
88 Energy told investors that trading in its Australian securities had been suspended on April 20 pending an announcement in relation to a potential capital raising.
Market gains silver lining as precious metals twinkle
Silver prices hit a 10-month high and gold stocks glittered
Small caps stocks in stasis
The Aim indices may be becalmed but the big movements are still to be found among the small caps
London shares recover after oil-stained session
The FTSE 100 Index closed 9.77 points higher at 6,353