88 Energy ventures into Namibia’s frontier oil and gas with PEL 93 acquisition

88 Energy ventures into Namibia’s frontier oil and gas with PEL 93 acquisition

88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF), a prominent player in the oil and gas sector, has officially announced its successful Working Interest (WI) Transfer from Monitor Exploration Limited (Monitor) for Petroleum Exploration Licence 93 (PEL 93), located in the Owambo Basin, Republic of Namibia, following the approval of the Ministry of Mines and Energy. This […]

88 Energy to earn up to 45% interest in Namibia’s PEL 93 with Monitor Exploration

88 Energy to earn up to 45% interest in Namibia’s PEL 93 with Monitor Exploration

88 Energy Limited has executed a three-stage farm-in agreement with Monitor Exploration Limited to earn up to a 45% non-operated working interest in Petroleum Exploration Licence 93 (PEL 93), located in Namibia’s Owambo Basin. The agreement involves staged entry into an 18,500 km² onshore acreage in Namibia, with a total anticipated investment of up to […]