88 Energy Secures 3D Seismic Data for Alaska Kad River East Leases

88 Energy Ltd has obtained access to the Kad River 3D seismic dataset covering its recently acquired Kad River East leases in Alaska. The acquisition provides the explorer with an enhanced technical foundation as it progresses towards a maiden prospective resource estimate scheduled for the second half of 2026.

The seismic survey encompasses the entire 17,920 acre lease position, in which 88 Energy maintains a 100 per cent working interest to the east of the Trans Alaska Pipeline System. The newly released 3D data, made available by Alaska’s Department of Natural Resources, will be incorporated into the company’s subsurface analysis alongside historical well logs and existing geological assessments. This integration is intended to refine structural and stratigraphic models, prioritise exploration targets, and inform a systematic exploration strategy.

The company expects to complete its evaluation of the 3D seismic dataset during the first half of 2026. Existing 2D seismic data and historical well studies have already indicated the presence of an active multi-reservoir petroleum system across the acreage. Hydrocarbon shows have been recorded in wells located within or adjacent to the lease area, providing encouraging evidence of prospectivity.

88 Energy has referenced the nearby Sockeye-2 well as a relevant analogue for the project. During a 12 day flow test, this well produced approximately 2,700 barrels of oil per day without the application of stimulation techniques or artificial lift, suggesting favourable reservoir characteristics in the region.

The Kad River East project represents a longer term exploration opportunity for 88 Energy, complementing its near term activities at South Prudhoe. The company continues to advance its planned Augusta-1 drilling programme whilst targeting delivery of the prospective resource estimate for Kad River East in the latter half of 2026.