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IN BRIEF: 88 Energy Close To Sealing Peregrine Farm-Out

Mon, 09th Nov 2020 15:39

88 Energy Ltd - Australian exploration & production company - Says it has received "multiple bids" over farm-out at Project Peregrine in Alaska. Says it has selected its preferred bidder and is preparing final documents. "Transaction close and execution of documents expected within weeks," 88 adds.

Current stock price: 0.40 pence

Year-to-date change: down 70%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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