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88 Energy Strengthens Funding Terms and Lease Security Ahead of Alaska Well

9:11am on Monday 27th of April, 2026 AEST Energy
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88 Energy Strengthens Funding Terms and Lease Security Ahead of Alaska Well

9:11am on Monday 27th of April, 2026 AEST
Key Points
  • Participation Agreement extended to 30 September 2026
  • US$400,000 in near-term payments secured from Burgundy
  • Enhanced security over Burgundy’s North Slope leases
  • Franklin Bluffs-1H well spud delayed to Q1 2027
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