88 Energy looks to 'rapidly unlock' potential of North Slope with Alaskan JV progressing @88EnergyLtd #AIM #ASX #OTC #88E #EEENF. 88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) said it is focused on 'rapidly unlocking' the huge potential of Project Phoenix on Alaska's North Slope. The comment, from managing director Ashley Gilbert, came alongside an update on the joint venture with Burgundy Xploration and the planned 2025/26 work programme, which includes a horizontal test well targeting the SMD-B reservoir. Burgundy has paid US$1 million of its outstanding US$4 million cash call and committed to settling the remaining US$3 million by February 15. It intends to... http://ow.ly/FFrG105VGup
