88 Energy raises cash for Peregrine drilling

ALASKA focussed oil explorer 88 Energy has raised $12 million through a placement of 1.5 billion shares at 0.8 cents to fund drilling costs at its Project Peregrine asset on the North Slope.

88 Energy raises cash for Peregrine drilling 88 Energy raises cash for Peregrine drilling 88 Energy raises cash for Peregrine drilling 88 Energy raises cash for Peregrine drilling 88 Energy raises cash for Peregrine drilling

88 Energy is on track to drill its Merlin-1 exploration well, targeting a gross mean prospective resource of 645 million barrels of oil, late this month or next.