88E moves on XCD to consolidate Alaska acreage

ALASKA-focussed 88 Energy has made a move for minnow XCD Energy, formerly Entek Energy, which has been picking up North Slope acreage in 88E’s North Slope neighborhood but hasn’t commenced exploration yet.

88E moves on XCD to consolidate Alaska acreage 88E moves on XCD to consolidate Alaska acreage 88E moves on XCD to consolidate Alaska acreage 88E moves on XCD to consolidate Alaska acreage 88E moves on XCD to consolidate Alaska acreage
88E is making an offmarket offer for all XCD shares and listed options; managing director Dave Wall already has an interest in XCD.
 
Wall hold 29.4 million XCD shares and 2.5 million options.