OPERATIONS

88E looks to close farmout deal for Icewine within weeks

ALASKA-focused 88 Energy is well financed following successful capital raises during the last quarter, with cash reserves of A$21.7 million in the bank, positioning the company in an comfortable position for its short term work program in the Western Blocks and Project Icewine.

88E looks to close farmout deal for Icewine within weeks

Exploration and evaluation expenditure totalled A$3.2 million - primarily spend on the processing and interpretation of seismic over the Icewine and Yukon assets. $1.1m was spent on administration and...

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