88 Energy Limited is an oil and gas exploration company focused on the Alaskan North Slope and NPR-A regions. The company operates on approximately 440,000 acres, engaging in the exploration and appraisal of oil resources, with a strategic emphasis on near-infrastructure opportunities. 88 Energy's business model involves acquiring and developing exploration assets, with recent activities including the advancement of projects such as South Prudhoe and Phoenix. Additionally, the company holds exploration interests in Namibia, supporting its portfolio diversification.