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88 Energy Lifts South Prudhoe Resources 35 Percent Ahead of 2027 Drilling

8:44am on Wednesday 22nd of July, 2026 AEST Energy
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88 Energy Lifts South Prudhoe Resources 35 Percent Ahead of 2027 Drilling

8:44am on Wednesday 22nd of July, 2026 AEST
Key Points
  • South Prudhoe resources rise to 769 million barrels gross unrisked
  • Augusta-1 well targeting stacked reservoirs planned for Q1 2027
  • Project Phoenix farm-in terms amended with revised Franklin Bluffs-1H spud date
  • Namibia PEL 93 farm-in secured unconditionally, cutting $15 million funding risk
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