88 Energy Limited has secured a 20% working interest in Petroleum Exploration Licence 93 (PEL 93) in Namibia through an amended Farm-In Agreement with Monitor Exploration. The amendment simplifies the agreement, removes future funding obligations, and enhances subsurface understanding through integrated geological data. This change allows 88 Energy to focus on its Alaska assets while retaining exposure to potential exploration upside in Namibia.
Sign in to access complete coverage, AI analysis, and related companies.
Sign In to Continue