88 Energy Ltd (AIM:88E, ASX:88E, OTCQB:EEENF, FRA:POQ) said it has secured access to the Schrader Bluff 3D seismic dataset released by Alaska’s Department of Natural Resources, Oil and Gas Division.
The company said the survey provides high-quality subsurface coverage across the North-West Hub of its South Prudhoe acreage, next to the Prudhoe Bay Unit, and will be used to strengthen future exploration decisions.
88 Energy said interpretation will help mature multiple prospects, support an internal update to prospective resource estimates and assist in identifying and optimising future well locations near producing fields and existing infrastructure.
The company added that the data will be incorporated into its exploration database to support a drilling programme scheduled for Q1 2027, and said it expects to purchase the Kad River 3D Survey release in March 2026, covering Kad River East leases secured in a 2025 bid round.
88 Energy noted that updated internal prospective resource estimates for South Prudhoe are expected in Q1 calendar 2026 after interpreting Schrader Bluff 3D alongside Storms 3D and other datasets, covering Ivishak and Kuparuk reservoirs and shallower Brookian formations.