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XLON
88E
Market cap19mUSD
Oct 09, Last price  
1.15GBP
1D
-4.17%
1Q
4.55%
Jan 2017
-57.16%
IPO
-96.90%
Name

88 Energy Ltd

Chart & performance

D1W1MN
XLON:88E chart
P/E
—
P/S
—
EPS
—
Div yield, %
—
Shrs. gr., 5y
28.50%
Rev. gr., 5y
10.41%
Revenues
0
96,22693,98546,827505,936000050,60958,110241,5344,447,2772,500000
Net income
-53m
L+61.00%
-1,732,000-2,563,000-4,771,796-6,892,000-27,713,000-6,305,000-9,401,264-8,408,915-5,994,000-39,818,000-22,034,000-2,410,000-70,722,000-14,439,000-32,819,000-52,839,581
CFO
-4m
L+14.48%
00-2,417,881-3,617,097-6,210,795-4,657,027-3,497,608-4,429,430-6,584,584-5,838,375-5,116,907-5,645,722-4,887,616-5,381,529-3,414,643-3,908,984

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Profile

88 Energy Limited, an Australian company established in 1996 and based in Subiaco, is dedicated to exploring for oil and gas properties primarily within the United States, with a significant focus on Alaska's North Slope. The company holds various interests across several key Alaskan ventures: it possesses a 75% working interest in the approximately 193,000-acre Icewine project, and fully owns the roughly 38,681-acre Yukon project located in the Central North Slope. Additionally, 88 Energy maintains a 50% working interest in the approximately 195,373-acre Peregrine project, situated in the NPR-A region, and also wholly owns the Umiat Oil Field project, which spans about 17,633 acres directly south of Peregrine. The company, formerly known as Tangiers Petroleum Limited, adopted its current name, 88 Energy Limited, in February 2015.

Key people

Non-Executive Chairman of the Board · since 2021
Oliver Mortensen
Chief Financial Officer · since 2021
Robert Benkovic
Chief Operating Officer · since 2021
Ashley Gilbert
Managing Director · since 2021
Company Secretary · since 2021
Stephen Staley
Non-Executive Director · since 2014
Non-Executive Director · since 2021
IPO date
Jan 20, 2000
Employees
10
Domiciled in
AU
Incorporated in
AU
Headquarters & legal address
GROUND FLOOR, 516 HAY STREET
SUBIACO, WA 6008
AU
Previous name
TANGIERS PETROLEUM LIMITED

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