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88 Energy finds Alaska partner for 2027 Augusta-1 well

8:46am on Wednesday 28th of October, 2026 AEDT • Oil and Gas
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88 Energy finds Alaska partner for 2027 Augusta-1 well

8:46am on Wednesday 28th of October, 2026 AEDT
Key Points
  • WAO to acquire a 40% working interest in South Prudhoe
  • Up to US$10.9 million, or A$15.5 million, committed to drilling and related costs
  • 88 Energy retains 60% ownership and operatorship
  • Augusta-1 remains scheduled for the 2026/27 North Slope winter season
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