88 Energy Ltd

Cavendish is pleased to have acted as nominated adviser and sole broker in the UK for 88 Energy Ltd on its oversubscribed A$9.9 million equity raise.

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.

Derrick Lee at Cavendish expressed confidence in the success of the deal, commenting:

“This oversubscribed equity raise underscores the market’s strong belief in 88 Energy’s potential. We are delighted to have supported 88 Energy in facilitating this transaction and contributing to the financial success of our client.”