88E has agreed to amend its existing farm-in agreement with JV partner and operator Monitor Exploration in relation to PEL 93. The amendment is a positive outcome for 88E’s shareholders, confirming the company’s 20% working interest in PEL 93 as fully earned and unconditional, removing staged funding commitments on the licence and delivering a capital-efficient exposure to frontier upside while maintaining focus on the core Alaskan assets. Results of the recent aero gravity survey have improved ....
11 May 2026
88 Energy - High grading a drilling candidate onshore Namibia
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88 Energy - High grading a drilling candidate onshore Namibia
88 Energy Limited (88E:LON) | 1.4 0 0.0% | Mkt Cap: 18.6m
- Published:
11 May 2026 -
Author:
James McCormack | James Midgley -
Pages:
3 -
88E has agreed to amend its existing farm-in agreement with JV partner and operator Monitor Exploration in relation to PEL 93. The amendment is a positive outcome for 88E’s shareholders, confirming the company’s 20% working interest in PEL 93 as fully earned and unconditional, removing staged funding commitments on the licence and delivering a capital-efficient exposure to frontier upside while maintaining focus on the core Alaskan assets. Results of the recent aero gravity survey have improved ....