North Slope Oil and Gas Leases Expansion
Awarded · Alaska · Last reported Nov 2025
Source: Proactive financial news
88 Energy Ltd has expanded its footprint in Alaska by securing 14 new oil and gas leases totaling about 34,560 acres on the North Slope. The new leases expand the company's operated acreage east and west of its Project Leonis area and target Ivishak Formation prospects south of the Prudhoe Bay Unit. The company is also advancing plans for a multi-zone exploration well supported by mapped Ivishak,
- Status
- Closed
- Sector
- Oil and Gas
- Location
- Alaska, United States of America
- Updated
- 22 Jul 2026
- Source
- Proactive financial news
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | 88 Energy Ltd has expanded its footprint in Alaska by securing 14 new oil and gas leases totaling about 34,560 acres on the North Slope. The new leases expand the company's operated acreage east and west of its Project Leonis area and target Ivishak Formation prospects south of the Prudhoe Bay Unit. The company is also advancing plans for a multi-zone exploration well supported by mapped Ivishak, Kuparuk, and Schrader Bluff targets, with 3D seismic licensing planned for early 2026. |
Original sector | Energy |
Location
Country | United States of America (USA) |
State | Alaska |
Source
Source | Proactive financial news |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-11-22 |
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