88 Energy closes credit facilityFunding from the Bank of America, combined with equity, will be used to drill Icewine No. 1 exploration well on the North Slope KRISTEN NELSON Petroleum News
Australian-based 88 Energy Ltd. said Aug. 25 that “definitive binding documentation has been executed with Bank of America” for funding the company’s Icewine project up to $50 million.
The company said that under terms of the agreement with Bank of America it will contribute some US$5.7 million, in....
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Icewine to spud in October Franklin Bluffs pad
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