FTSE 100 advance accelerates as China cuts rates
China has cheered the market, especially investors in resource stocks, by announcing further stimulus measures
Company
88 Energy Ltd
LON:88E
88 Energy Ltd is a multi-listed oil and gas exploration and production company with a North American focus. The company has operator exploration and appraisal projects in onshore Alaska and non-operator exploration in onshore Namibia. It has been operating on the North Slope of Alaska since 2015, successfully drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position.
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Investments and investor services
Eurozone stimulus hints boost blue-chip shares
Footsie broke above 6400 and mainland European bourses also rose
88 Energy off and drilling at Project Icewine
“Spud at Icewine #1 is a momentous occasion for 88 Energy," said MD Dave Wall
Investments and investor services
FTSE 100 rouses itself after ECB press conference
The only way was up after Mario Draghi's press conference proved sweet music to the ears of the bulls
Archive
Proactive news summary: 88 Energy, Egdon Res, Europa Oil & Gas, Falcon Oil & Gas, Galasys, IMIC ...
Lots of positive news from the oil sector today from places as far afield as Morocco, Alaska and ... er ... Lincolnshire.
Traders sit on sidelines ahead of European interest rate verdict
The FTSE 100 Index was 7.5 points down at 6340 in lunchtime trading
Investments and investor services
London shares fall ahead of ECB rate decision
The FTSE 100 Index was 5.73 points down at 6342 in early trading
Investments and investor services
Risers & Fallers: Zoopla, Ladbrokes, Debenhams, SIG, Foxtons, Pearson
Below are the main news-driven share price movements at 12.30pm.
88 Energy says Icewine spudding now just hours away
88 Energy shares advanced around 5.5% in early deals
Investments and investor services
FTSE100 ends lower on mixed day for European markets
The FTSE100 ended 25 points lower to 6,352 as oil stocks also made an appearance near the bottom of the index.
Archive
Proactive news highlights including 88 Energy, KEFI Minerals, Metals Exploration, Paragon and more
Miners and oil firms dominated the small cap news today
Investments and investor services
Commodity gloom hits market after China data
The FTSE 100 Index pared gains to stand 16.06 points adrift at 6361
88 Energy expects Icewine-1 to start this week
Once the permit is issued, well-spudding should take place soon after...
Risers & Fallers: Anglo American, Minds + Machines, UTV Media, Telit Communications and more...
Below are the main news-driven share price movements at 1pm.
88 Energy’s Icewine seen as a “potential play opener”
Project Icewine comprises an exciting shale play as well as conventional oil targets
88 Energy runs into permit delay ahead of Alaska drilling
“We appreciate that this is frustrating for shareholders at this late stage; however, the company has the situation well in hand," Dave Wall said
Investments and investor services
Risers & Fallers: Rolls Royce, Glencore, Carillion, Bank of Georgia, Styles & Wood and more...
Below are the main news-driven share price movements at 4pm.
88 Energy prepares to spud its first well Icewine-1 in Alaska
Project Icewine, in Alaska, is host to an exciting shale play as well as conventional oil targets on the acreage.
Investments and investor services
Proactive news highlights including Fastjet, Active energy, KEFI, Arian Silver...
There was a lot of news from the small cap space today
88 Energy taps loan facility as Alaska spud date nears
BoA is putting up US$50mln and with US$12mln raised from a share issue, 88 is gearing up to drill Icewine-1.