88 Energy (88E) is a junior oil and gas explorer that has accumulated a significant acreage position across the Central North Slope, onshore Alaska and has partnered with a highly experienced and well recognized partner in Burgundy Xploration. The project (Project Icewine) is well located, near vital infrastructure, providing a cost advantage in terms of both exploration and ultimate production should that prove feasible. The above project attributes, combined with the attractive fiscal terms currently offered by the State of Alaska, make the prospect compelling and despite the current low commodity price environment
The company’s goal is to build a successful exploration and production company that delivers material benefits to its shareholders and contributes to the development of the regions in which it works.
It aims to achieve this by targeting overlooked or emerging play types where its small team of experts can move quickly to capitalize on opportunities prior to larger industry players moving in.
The opportunities the company will seek will be based on robust technical evaluation together with informed socio-political decisions and cultural sensitivity in business relationships.
Level 1, 83 Havelock Street, West Perth 6005 Australia
Tel: +61 (0)8 9485 0990
Fax: +61 (0)8 9321 8990