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'An exciting time for 88 Energy' - Proactive's Jamie Ashcroft

Published: 06:32 28 Apr 2017 BST

Jamie Ashcroft, Proactive Investors oil and gas correspondent tells Andrew Scott: ''A lot of investors have been following  88 Energy and after the start of drilling this week we're all on well-watch''.

The Alaska focussed explorer's announced this week the start of the Icewine-2 well which is designed to provide a production test of the HRZ shale play.

The Arctic Fox rig started drilling Icewine-2 on Monday, at 19:15 local time in Alaska, and 88 Energy anticipates that Icewine-2 will undergo production testing in late June or early July.

FTSE 100 off to a steady start to the week - Market Report

Good morning from London where the FTSE 100 is off to a steady start to the week so far, as investors continue to mull last week’s interest rate pauses by central banks. London’s blue-chip index is virtually unchanged from Friday at around 7,420 points with a bullish update from Ryanair the...

on 6/11/23