88 Energy has completed an equity raise
88 Energy Ltd. has raised funds to undertake Hickory-1 flow test operations during the upcoming winter operational season in Alaska.
88 Energy is a dual-listed oil and gas exploration and production company with a North American focus, with established operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. The company has been operating on the North Slope of Alaska since 2015 across multiple exploration wells under a large acreage position.
Oaklins Cavendish, based in the UK, acted as nominated advisor and sole broker in the UK for 88 Energy Ltd. on its oversubscribed US$6.6 million equity raise.
![](/api/deal-hero-image/109597/deal-hero-image.jpg)
![](/api/deal-party-images/109597/deal-parties.png)
Talk to the deal team
Related deals
FRP Advisory Group plc has finalized a successful secondary placing
FRP Advisory Group plc has completed a fundraising. The book was oversubscribed and approximately £20.4 million (US$33 million) of shares were sold by certain directors and partners of FRP to new and existing institutional investors at 128 pence per ordinary share.
Learn moreSindal Biogas A/S has been acquired by CIP
Sindal Biogas A/S, a large-scale Danish biogas plant owned by KK Invest ApS and DBC Invest, has been partly sold to Copenhagen Infrastructure Partners P/S (CIP).
Learn moreMuehlhan Wind Service has acquired a controlling interest in Endiprev
Muehlhan Wind Service has acquired a controlling interest in Endiprev, merging two wind industry leaders to create a global frontrunner in installation and maintenance services.
Learn more