88 Energy Limited (AU:88E) has released an update.
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88 Energy Limited has identified ten significant structural leads in its PEL 93 exploration area in Namibia, indicating promising hydrocarbon potential. The company plans to verify these findings independently and integrate various data sources to finalize a prospective resource estimate by the first half of 2025. This development could enhance the company’s stake and investment in the region, appealing to investors monitoring oil exploration ventures.
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