88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) ( 88 Energy or the Company ) is pleased to report that the Hickory-1 exploration well is drilling ahead after successfully intersecting the SMD-A,
Baker Hughes reports that for the second consecutive week, oil and gas rigs have been added by U.S. drillers.
According to the closely watched report released by energy services company Baker Hughes on Friday, U.S. energy firms added oil and natural gas rigs for the second consecutive week.
88 Energy Limited (AIM:88E) Hickory-1 Surface Hole Completed
Highlights
Baker Hughes reports that US drillers have added the largest number of gas rigs in a week since December 2018.
According to Baker Hughes Co, a provider of energy services, there has been a significant increase in natural gas rigs by U.S. energy companies this week, marking the highest increase
88 Energy Limited – Hickory-1 Well Spudded
Hickory-1 Well Spudded
88 Energy Limited (ASX/AIM:88E) Hickory-1 Pre-Spud Operations On Track
Highlights
U.S. drillers cut most oil rigs since September
U.S. oil firms reduced oil rigs the most in this week since September. This resulted in a decrease in the total oil and natural gas count for a second consecutive
USA drillers add oil and gas rigs for second week in a row – Baker Hughes
U.S. energy companies added oil and natural gas drilling rigs this week for the second consecutive week, as high oil prices encourage them to drill more.
USA drillers add oil and gas rigs for third week in four – Baker Hughes
U.S. energy companies added oil and natural gas drilling rigs this week for the third time in just four weeks. This is because of high oil prices that encourage them
88 Energy Limited (ASX:AIM:88E) Updated Corporate Presentation
88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) (88 Energy or the Company) provides the following updated Corporate presentation, to be presented by the Managing Director at the upcoming EGM to be
Drilling for water in the Bahadhamal village, Sallahley area, Somalia, rig hits a near-surface oil vein
A rig drilling water at a location where water was more valuable than any oil or mineral ores struck a vein of another type at approximately 340m.