Brent Oil Price

88E is Moving East to Chase Success

Next Investors Aug 24, 2022

On the North Slope in the US state of Alaska, 88 Energy (ASX:88E | OTC: EEENF) has been actively exploring for oil for many years now, regularly drilling every year in the hope of making a large oil discovery.

88E to Drill 1.6BN Barrel Project in the Coming Days

Catalyst Hunter Feb 19, 2021

88 Energy (ASX: 88E) is set to drill the Merlin-1 well in the first week of March. Merlin-1 targeting 645 million barrels of gross mean prospective resource, over three separate stacked reservoir targets, and is on trend to existing discoveries immediately to the north and south of the project area.

West Texas oil plunges more than 300%, Dow crashes 590 points

Finfeed Archived Apr 21, 2020

The ASX had one of its worst days in the last month on Monday with the S&P/ASX 200 index plunging 134 points or 2.5% to close at 5353 points. Central to the fall was negative sentiment towards the energy sector, a factor that is likely to continue to weigh on the market on Tuesday.

$150 million in cash, yet so FAR from intrinsic value

Finfeed Archived Mar 31, 2020

FAR Limited (ASX: FAR) enjoyed a 20% surge in its share price, indicating that investors are starting to assess the big oil picture.