1.10p-0.03 (-2.65%)18 Jun 2021, 17:15
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88 Energy Limited Shares News & Articles

Shareholders in 88 Energy, Red Emperor and Pantheon stung by risks of oil exploration

Last week investors in oil and gas exploration plays 88 Energy (88E:AIM), Red Emperor Resources (RMP:AIM) and Pantheon Resources (PNR:AIM) were excited by the prospect of a big new discovery in Alaska. Seven days later and their hopes are in tatters as more detailed results from the Winx-1 well show it has definitively not made a commercial oil find. Pantheon dives 27.7% to 20.5p, 88 Energy ...

News in brief: 88 Energy, Tangent, Anglo American, Base Resources, All Leisure, Zoopla, S&U, Acal, Savannah

88 Energy in 633% rally Shares in Alaska-focused 88 Energy (88E:AIM) have increased by 633% in value to 2.66p since the start of February 2016 thanks to exploration success. ‘Icewine#1 is in the predicted sweetspot where the volatile oil window meets the gas condensate window,’ says managing director Dave Wall. (DC)   Takeover battle for Tangent A bidding war looks on the ...
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