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Oil & Gas

88 Energy acquires 3D seismic dataset across Alaska venture

88 Energy Ltd (AIM:88E, ASX:88E, OTCQB:EEENF, FRA:POQ) has secured access to the Kad River 3D seismic dataset across its newly acquired Kad River East leases in Alaska, giving the explorer a fresh technical dataset as it works toward a maiden prospective resource estimate in the second half of 2026.

The survey covers the full 17,920-acre lease position, where 88 Energy holds a 100% working interest east of the Trans Alaska Pipeline System.

The company said the newly available 3D data, released by Alaska’s Department of Natural Resources, will be integrated with historical well logs and its existing subsurface analysis to refine structural and stratigraphic models, identify priority prospects and shape a data-driven exploration plan.

88 Energy is due to complete its assessment of the 3D dataset in the first half of 2026.

The group said existing 2D seismic and historical well work had already pointed to an active multi-reservoir petroleum system across the acreage, with hydrocarbon shows recorded in wells within or adjacent to the lease area.

It also highlighted the nearby Sockeye-2 well as an analogue, noting that it delivered around 2,700 barrels of oil per day over a 12-day flow test without stimulation or artificial lift.

The company noted Kad River East is a longer-term exploration play that sits alongside its near-term work at South Prudhoe, including the planned Augusta-1 drilling programme, with the maiden prospective resource estimate for Kad River East targeted for 2H 2026.

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