Major’s Oil Discovery Catalyst for ASX ExplorerA recent oil discovery by major Repsol has shone the spotlight firmly on 88 Energy (ASX:88E).
It’s early days and the details have not been confirmed – but our rough calcs show Repsol’s discovery could be in the hundreds of millions of barrels…
Repsol farmed into this acreage for $768M a few year back.
The oil major’s new discovery is a mere 50 miles from 88E’s acreage…
Meanwhile, we are expecting 88E’s direct neighbour “Great Bear Petroleum” to release their drilling results - any day now.
88E is now fast tracking their very own drilling programme, and the increased attention in the area following Repsol’s discovery has got us wondering:
Is a farmout for 88E just around the corner?
Cheers 88E
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $26.61M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $12.02K | 532.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 3086190 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 365671 | 2 |
View Market Depth
| Last trade - 16.16pm 22/07/2025 (20 minute delay) ? |
| 88E (ASX) Chart |