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88 Energy has successfully completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$14.9 million (equivalent to £8.59m). Funds will be directed towards the planned Icewine East 2023 exploration well targeting 1.03 billion bbls of oil, in addition to new ventures opportunities and working capital. ....
88 Energy Ltd to raise capital as 1bn barrels resource estimate unveils for Icewine project proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
88 Energy Ltd to raise at least A$10mln; estimate suggests it could be sitting on 1bn-barrel resource in Alaska proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.