88 Energy is an ASX and AIM listed company based in Perth, engaging in oil exploration in Alaska, USA.
We operate an oil well (Project Icewine) in Alaska as part of a joint venture with Burgundy (a company which has 22% ownership of this project).
We have an advantage in that the Trans-Alaskan pipeline and Dalton Highway (the only all-year round operational access road) runs through our acreage.
We obtained positive results from Phase 1 of Project Icewine and are now preparing for on our follow-up well – Icewine 2H.