Proactive Investors - Run By Investors For Investors

88 Energy's chief expects Icewine farm-out in a matter of weeks

88 Energy Ltd (LON:88E) managing director Dave Wall tells Proactive London's Andrew Scott they're closer to a deal in a farm-out process to bring a partner into the exploration of conventional prospects in the Project Icewine area.

Wall says a ‘preferred bidder’ has now been selected in the process, which launch last August, and, negotiations over a potential deal are now taking place.

He also discusses the recent Winx-1 exploration well disappointment as well as efforts to bring a partner into the HRZ shales discovery.

 
View full 88E profile View Profile

88 Energy Ltd Timeline

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use