88 Energy Ltd (88E) NPV (DI)

88 Energy Limited is a Australia-based oil and gas exploration and production company with a North American focus. The Company’s segments include Texas Production, Alaska Exploration, Namibia Exploration, and Other. The Company has operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. Its Project Phoenix is situated on the Central North Slope, Alaska. Its Project Leonis is strategically located immediately south of Prudhoe Bay and superbly located adjacent to TAPS and the Dalton Highway. It owns a 45% non-operated working interest in onshore Petroleum Exploration License 93 (PEL 93), located in the Owambo Basin, Republic of Namibia (Namibia). This license covers 18,500 square kilometers of underexplored acreage within the Owambo Basin in Namibia. The Company, through its joint venture subsidiary, Bighorn Energy, LLC, holds a 75% ownership interest in Bighorn Phase 3, which is located in the Permian Basin, Texas, United States.