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Pin to quick picks88 Energy Share News (88E)

Share Price Information for 88 Energy (88E)

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Share Price: 0.1675
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Change: -0.0025 (-1.47%)
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EXECUTIVE CHANGES: 88 Energy appoints new managing director

Tue, 04th May 2021 16:12

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:

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88 Energy Ltd - oil exploration and production in the US state of Alaska - Ashley Gilbert moves from chief financial officer and company secretary to managing director on the board, starting on Monday next week. Gilbert replaces David Wall, who has resigned. Gilbert will be replaced as company secretary by Sarah Smith, who was acting company secretary from 2014 to 2020.

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Crest Nicholson Holdings PLC - Chertsey, Surrey-based housebuilder - Sharon Flood will step down as non-executive director on June 30, having served for six years. Searching for new non-executive director and chair of Audit & Risk Committee.

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Speedy Hire PLC - Merseyside-based tools and equipment hire - Appoints Carol Kavanagh as non-executive director, starting June 1. Kavanagh was human resources director for builders' merchant Travis Perkins PLC from 2007 until last year.

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Pebble Beach Systems Group PLC - Surrey-based software company specialising in playout automation and content management solutions - Hires Chris Errington as non-executive director, starting Tuesday. Errington is a partner and head of Research at Kestrel Partners LLP. He was chief executive officer of Gresham Computing, now Gresham Technologies PLC, until 2015.

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Salt Lake Potash Ltd - Western Australia-focused organic sulphate of potash miner - Bryn Jones resigns as non-executive director, effective immediately, having served since 2017.

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Great Western Mining Corp PLC - gold, silver and copper explorer in US state of Nevada - Will propose Gemma Cryan as a non-executive director at its May 27 annual general meeting. Cryan is an executive director at Starvest PLC, an investor in early stage mineral exploration, and geology manager at Greatland Gold PLC, both of which are AIM-listed in London.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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24 Apr 2024 14:26

TRADING UPDATES: 88 Energy firms bookbuild; Gama Aviation inks deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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23 Apr 2024 14:00

88 Energy proposes placing to raise up to AUD9.8 million

(Alliance News) - 88 Energy Ltd on Tuesday proposed funds of up to AUD9.8 million, or GBP5.2 million, via a share placing.

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23 Apr 2024 10:21

88 Energy raising AUD 9.8m to strengthen balance sheet

(Sharecast News) - 88 Energy announced its intention to raise up to AUD 9.8m (£5.23m) on Tuesday, to strengthen its balance sheet and provide capital for ongoing projects.

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19 Apr 2024 10:04

IN BRIEF: 88 Energy hails successful flow test at Hickory-1 well

88 Energy Ltd - Alaska-focused oil exploration company - Announces successful flow test at Hickory-1 well in Phoenix Project, Alaska, citing light oil flow from two reservoirs. Says it will search for a farm-out partner to fund the next stage of development of Hickory-1.

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15 Apr 2024 11:36

IN BRIEF: 88 Energy hails second light oil discovery at Hickory-1

88 Energy Ltd - Alaska-focused oil exploration company - Makes second light oil discovery at Hickory-1 reservoir in Phoenix project, Alaska. Says flow test demonstrates a peak flow rate of 50 barrels of oil per day of light oil. Managing Director Ashley Gilbert says: "Having now successfully demonstrated light oil flow from two reservoirs at Hickory-1 in recent weeks, it is clear that this is a significant milestone in the history of 88 Energy. The USFS success represents the first time that we have successfully flowed oil to surface in Alaska - and under natural flow - as well as being the first time we have confirmed a light oil discovery of substantial scale in close proximity to the critical Dalton Highway and Trans-Alaskan pipeline system infrastructure. To then achieve a second successful flow of light oil from the SMD-B reservoir, with a low gas/oil ratio, is an outstanding outcome for 88 Energy and its shareholders."

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2 Apr 2024 12:36

EARNINGS: Capricorn Energy loss narrows; Crystal Amber net assets up

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:

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2 Apr 2024 10:50

AIM WINNERS & LOSERS: 88 Energy finds oil at Hickory-1; Redx to delist

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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25 Mar 2024 17:32

88 Energy updates market on Hickory-1 well in Alaska

(Alliance News) - 88 Energy Ltd on Monday provided shareholders with an update on its ongoing flow testing operations at the Hickory-1 well within its Project Phoenix acreage located on the North Slope of Alaska.

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11 Mar 2024 14:26

IN BRIEF: 88 Energy says operations underway at Hickory-1 well

88 Energy Ltd - Alaska-focused oil exploration company - Says well operations are underway ahead of perforating and flow testing the USFS zone at the Hickory-1 discovery well within its Phoenix project. The testing program is expected to be completed during March 2024.

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28 Feb 2024 18:13

TRADING UPDATES: AB Dynamics trades in line; Verditek sells solar arm

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Wednesday and not separately reported by Alliance News:

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23 Feb 2024 08:59

TRADING UPDATES: Plant Health eyes Mexico Saori launch; NARF wins deal

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued this week and not separately reported by Alliance News:

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19 Feb 2024 11:41

IN BRIEF: 88 Energy in final preparations for Hickory-1 flow test

88 Energy Ltd - Alaska-focused oil exploration company - Says flow testing operations are advancing at the Hickory-1 well at the Phoenix project in Alaska. Construction of the ice pad and rig commissioning have been completed, and camps have been mobilised to the Hickory-1 location. Company expects to complete final preparations within the next seven to ten days, including completing rig mobilisation and associated services.

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30 Jan 2024 14:09

IN BRIEF: 88 Energy Hickory-1 well flow test to start in February

88 Energy Ltd - Alaska-focused oil exploration company - Says Hickory-1 well discovery well flow test and stimulation program is set to begin in early February, while rig mobilisation will start in mid-February. Adds that the maiden prospective resource estimate for the Upper Schrader Bluff reservoir in its Leonis project is expected in the first half of 2024.

Read more
12 Jan 2024 15:17

88 Energy gearing up for Hickory-1 flow test

(Sharecast News) - 88 Energy is gearing up for a significant milestone in its operations, it announced on Friday, with the impending Hickory-1 flow test, scheduled to start in mid-February.

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12 Jan 2024 10:11

88 Energy to commence USD11 million Hickory well tests in mid-February

88 Energy Ltd - Alaska-focused oil exploration company - Says it will conduct a flow rate and well stimulation program at its Hickory-1 well, expected to commence in mid-February. Testing for the well, which is located at 88's Phoenix project in Alaska, has a budget of USD11 million and is fully funded according to the company. The Hickory-1 well was first spudded in March and was suspended in April ahead of the upcoming flow tests. The tests' design, planning and logistics are complete, the company says, and permitting is on track for the end of January. Testing will focus on the well's slope fan system and shelf margin deltaic, both of which will be tested separately. The company says that the tests are intended to provide "critical" information for refining the well's development plans, including the reservoirs' durability, fluid compositions, pressures and connectivity.

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