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Q2➡️ Phoenix: Success at Hickory-1, USFS at 70 bopd & SMD at 50 bopd Leonis: Maiden resource of 381M barrels in USB Namibia PEL 93: 2D seismic program completed Longhorn: Production up to 456 BOE/day Cash: A$7.9M. 12 months budget funding secured. ➡️bit.ly/4cXLli5

Project Phoenix Update: $88E recaps on its successful flow tests at Hickory-1. JV partner Burgundy progresses toward public listing & potential funding for 2025/26 drilling. More to come 🌍 ➡️ bit.ly/4dscwBR #88E #88Energy

$88E HY24 Update Check out our half year report for the six months ended 30 June 2024. ➡️ bit.ly/3zaJl7p #88Energy

We’ve achieved a 50% increase in Contingent Resources at Project Phoenix. New estimate: 239 MMBOE (net, unrisked 2C). Positioned for future development in Alaska, with major upside potential. Read the full announcement here: bit.ly/3Ba6XtJ $88E #88Energy

Read more about the increase in the oil & gas resources in two of the six key reservoirs at our Phoenix project in northern Alaska following an independent assessment of the operation in this Bulls N' Bears article as featured in the The West Australian ⬇️ bit.ly/3Zr4Rjf

$88E has released the October 2024 Project Phoenix Investor Update, featuring the new contingent resource estimate. The milestones achieved to date have significantly de-risked the project, advancing it toward future commercialisation. ➡️bit.ly/3zIlDQv #88Energy

$88E has released an investor update providing details on Project Phoenix. Tune in to hear about our significant new multi-reservoir Contingent Resource at Hickory-1 and our strategy to unlock value as we move towards commercialisation. ➡️ bit.ly/4eTS4uh #88Energy

$88E Quarterly Update ➡️ At Project Phoenix, Contingent Resources rose 50%, adding 128 MMBOE, primed for growth near the Trans-Alaska Pipeline. Project Leonis & Namibia seismic work advance, while Longhorn production remains strong. Full report: bit.ly/4eZVaNH

$88E has completed 2D seismic processing on PEL 93 in Namibia’s Owambo Basin, revealing key structures with high-quality data. Next steps: interpretation with JV partner Monitor Exploration to estimate Prospective Resource & map future drill sites. ➡️ bit.ly/40rt7C5

$88E has confirmed 10 significant leads in PEL 93, Namibia, following initial interpretation of 2D seismic data. Some leads cover up to 100km², showing strong hydrocarbon potential. Prospective resource estimate targeted for 1H 2025: bit.ly/4gsduzb #88Energy

#Oil and natural #gas company 88 Energy Ltd has pinpointed no less than 10 independent #hydrocarbon leads after doing the initial interpretation of newly acquired 2D seismic data across its PEL93 exploration licence in Namibia. $88E #BULLSNBEARSWA #ASX thewest.com.au/business/bulls…

$88E expands Project Leonis with 4 new lease blocks, adding 10,203 acres. This strategic move unlocks multi-zone exploration potential on Alaska's North Slope: bit.ly/4gpwezX #88Energy

$88E December 2024 Quarterly Report: Phoenix: JV partner Burgundy commits to funding CY25/26 drilling & testing. Leonis: Acreage expands; Tiri-1 well planning progresses. Namibia: 10 key closures identified via seismic. Cash: A$7.2M; costs down YoY. bit.ly/4hpZuGS

We are pleased to announce a maiden Prospective Resource estimate of 283 MMbbls for the Canning Prospect at Project Leonis, Alaska. Plans are underway for the Tiri-1 well in H1 2026, targeting both the Canning & USB Prospects: bit.ly/4aBamiE $88E #88Energy

Farm-out Secured for Project Phoenix: We’ve entered a binding agreement with Burgundy Xploration, fully funding up to US$39M for the next phase, including a horizontal well & flow test in H1 CY26. Burgundy to assume operatorship: bit.ly/4i2ZpJt #88Energy $88E

Our Feb 2025 Presentation is available. Project Phoenix has been de-risked with oil flow at Hickory-1, with a horizontal test planned. Project Leonis is advancing towards the Tiri-1 well in Q1 2026 & PEL 93 in Namibia shows strong exploration potential: bit.ly/3QkgS4f

$88E March 2025 Qtr update: bit.ly/4cBNyR2 🔹283 MMbbls net mean resource at Project Leonis 🔹Tiri-1 well planning for Q1 CY26 🔹 Burgundy commits US$2.2M to Project Phoenix, securing US$39M Phase 1 funding 🔹 A$10.6M cash balance to support ongoing exploration

Hannam & Partners has initiated coverage on $88E with a 14.7p risked NAV – a 12x upside to our current share price. Highlights include Phoenix (250mmbls 2C), Leonis (~800mmbls prospective) and frontier upside in Namibia. #88Energy

Licence extension secured at PEL93 in Namibia. We're launching a new gravity survey & work program targeting Lead 9 – a large anticlinal structure with strong drill potential. JV with Monitor, 50/50 funded to US$1M. More: bit.ly/4exE36f #88Energy

88 Energy’s June Qtr update: 🔹 798MMbbls mean prospective resource at Project Leonis 🔹 Tiri-1 well planning + farm-out ongoing 🔹 Phoenix JV funded, spud targeting Q2/Q3 2026 🔹 PEL 93 extended, Lead 9 prioritised 🔹 A$8.05M cash Read here: bit.ly/3GZqXlX #88Energy