88 Energy raises £5.3m to fund projects in Alaska and Namibia
2 days ago
88 Energy, an ASX and AIM-listed company, has successfully raised A$9.9m (£5.3m) to support the upcoming flow testing of its Hickory-1 well in Alaska, initial exploration activities in Namibia's Owambo Basin, and provide additional working capital, ensuring the company remains well-funded for the next 12 months.