Description

88 Energy Limited operates as an exploration company, primarily seeking oil and gas assets across the United States. Its core holdings are concentrated on Alaska's North Slope, featuring a 75% working interest in the Icewine project, which encompasses approximately 193,000 acres. The firm also maintains a full 100% working interest in the Yukon project, an area of roughly 38,681 acres situated in the Central North Slope. Additionally, 88 Energy holds a 50% working interest in the Peregrine project, spanning about 195,373 acres within the NPR-A region, and a 100% working interest in the 17,633-acre Umiat Oil Field project, located immediately south of the Peregrine project. Founded in 1996, the company initially operated as Tangiers Petroleum Limited before officially rebranding to 88 Energy Limited in February 2015. Its corporate base is in Subiaco, Australia.