Movement in Share Price

RNS Announcement

RNS Number : 2928S

88 Energy Limited

15 March 2021

88 Energy Limited

("88 Energy" or the "Company")

Movement in Share Price

88 Energy Ltd (AIM/ASX:88E) notes the recent rise in the Company's share price and the Board confirms that it is not aware of any specific reason for this increase.

As announced on 11 March 2021, the Company recently commenced drilling of the Merlin-1 exploration well in the NPR-A region of the North Slope of Alaska. Drilling operations are proceeding according to plan with the well currently drilling ahead at 1,340 feet.

Media and Investor Relations:

88 Energy Ltd

Dave Wall, Managing Director

Tel: +61 8 9485 0990

Email: [email protected]

Finlay Thomson, Investor Relations

Tel: +44 7976 248471

EurozHartleys Ltd

Dale Bryan

Tel: + 61 8 9268 2829

Cenkos Securities

Neil McDonald/Derrick Lee

Tel: + 44 131 220 6939

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RNS metadata

Title: Movement in Share Price
Time: 13:04:46
Date: 15 Mar 2021
Category: Corporate updates
ID: 2928S