IN BRIEF: 88 Energy updates resource estimate at Icewine East – Morningstar

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88 Energy Ltd – Australia-based oil explorer in US state of Alaska – Provides an update for the prospective resource estimate for its Icewine East project. The project now has two independent estimates. On the Alaska North Slope at the project, the mean total unrisked gross prospective oil resource is 1,030 million stock tank barrels of oil. The mean unrisked net entitlement to 88 Energy at the Alaska North Slope is 647MMstb.
Current stock price: 0.53 pence
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By Heather Rydings; [email protected]
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