88 Energy Limited (AU:88E) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
88 Energy Limited successfully completed a 2D seismic acquisition program for PEL 93 in the Owambo Basin, Namibia, on time and within budget, with high-quality data collected to help identify potential drilling locations and estimate a maiden Prospective Resource. The data is currently being processed for a final interpretation expected by Q4 2024. The program’s success, along with a recent investment by BW Energy into neighboring exploration activities, signals strong market confidence in the region’s oil and gas potential.
For further insights into AU:88E stock, check out TipRanks’ Stock Analysis page.
