88 Energy Secures Schrader Bluff 3D Seismic to Advance South Prudhoe Exploration

An update from 88 Energy ( (AU:88E) ) is now available.

88 Energy has secured access to the Schrader Bluff 3D seismic survey recently released by Alaska’s Department of Natural Resources, significantly enhancing subsurface imaging and technical understanding across its South Prudhoe leases on the North Slope. The high-resolution dataset will be integrated with existing 3D surveys, including the Storms survey, to refine structural and stratigraphic interpretations, mature multiple prospects across the Ivishak, Kuparuk and Brookian reservoirs, and de-risk low-to-moderate risk structures ahead of a planned drilling program in early 2027. By utilising Alaska’s low-cost Tax Credit Seismic 3D program and planning to acquire the Kad River 3D survey, 88 Energy aims to shorten the timeline between acreage acquisition and prospect maturation, with updated internal prospective resource estimates for the South Prudhoe position expected in the first quarter of 2026, potentially reshaping its exploration inventory and reinforcing its strategic position near proven producing fields.

The most recent analyst rating on (AU:88E) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on 88 Energy stock, see the AU:88E Stock Forecast page.

More about 88 Energy

88 Energy Limited is an oil and gas exploration company focused on Alaska’s North Slope, where it pursues a data- and infrastructure-led strategy targeting multi-zone oil and gas potential adjacent to established producing fields such as the Prudhoe Bay Unit. The company leverages existing regional infrastructure and publicly available seismic data to mature prospects and optimise drilling locations across its South Prudhoe acreage, including the North-West and South-East hubs.

YTD Price Performance: -4.55%

Average Trading Volume: 988,329

Technical Sentiment Signal: Sell

Current Market Cap: A$24.3M

Learn more about 88E stock on TipRanks’ Stock Analysis page.