88 Energy has completed an equity raise
88 Energy Ltd. has raised funds to undertake Hickory-1 flow test operations during the upcoming winter operational season in Alaska.
88 Energy is a dual-listed oil and gas exploration and production company with a North American focus, with established operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. The company has been operating on the North Slope of Alaska since 2015 across multiple exploration wells under a large acreage position.
Oaklins Cavendish, based in the UK, acted as nominated advisor and sole broker in the UK for 88 Energy Ltd. on its oversubscribed US$6.6 million equity raise.
Talk to the deal team
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreBezeq Online has been acquired by One Software Technologies
Bezeq Online has been acquired by ONE Software Technologies Ltd., enabling ONE Technologies to offer innovative solutions through full integration of advanced technology, real-time data analysis and proven service capabilities nationwide. ONE Technologies’ goal is to develop the next generation of service solutions, including AI-based tools, automation, multi-channel digital services and advanced CRM systems, all designed to deliver a continuous, accurate and effective customer experience.
Learn moreLargest AIM IPO in the business support services sector over the past five years has been completed
MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.
Learn more