- 88 Energy has confirmed it has found the equivalent of 1.77 billion barrels of oil from its Project Icewine exploration in Alaska.

Found in the North Slope of Alaska, the AIM-listed exploration and developing company specifically found 1.4 billion barrels of this in the SeaBee formation.

The farm-out process for 2020 drilling will commence immediately.

At 1:38pm: (LON:88E) 88 Energy Ltd share price was +0.05p at 0.45p

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