Company Overview
oil and gas exploration.
| Website | www.88energy.com |
|---|---|
| Head Office | Subiaco WA |
| Registry | Computershare Investor Services |
| CEO | Ashley Gilbert |
| Chair Person | Philip Byrne |
| GICS Industry | Energy |
| Sub Industry | Oil & Gas Exploration & Production |
| Sector | Energy |
| Market Cap | $183 m |
|---|---|
| Shares on Issue | 18,265 b |
| Status | Trading |
| Last Price | |
| Change | |
| 52 Week H/L | |
| VWAP | |
| Bid/Ask |
Directors and Management
Mr Philip Ambrose Byrne
Non-Executive Chairman,Non-Executive Director 02/08/2021
Mr Byrne has over 40 years' experience in the international oil and gas industry across technical, exploration, commercial and executive leadership roles. Previous positions he has held include Executive Vice President Marketing & Trading and Commercial, for Santos Energy, Managing Director and CEO of Nido Petroleum, President of the North-West Shelf Australia LNG organisation (the JV marketing arm of the NW Shelf LNG Project) and various roles with BHP Petroleum including General Manager (Pakistan), President Gas Marketing (Asia/Australia) and General Manager (Australia). He also holds directorships in Byrne Corporate Pty Ltd, Cosgrave Byrne Pty Ltd and PB 55 Pty Ltd.
MA (Natural Sciences), MAICD, MSC, DIC.Petroleum G Petroleum Geologist Male
Dr Stephen Staley
Non-Executive Director 09/04/2014
Dr Staley has more than 35 years of wide-ranging management, technical and commercial experience in the international oil, gas and power sectors. He co-founded and brought to the AIM market both Fastnet Oil & Gas plc (where he was the founding CEO) and Independent Resources plc (where he was the founding Managing Director). He was also both a technical consultant to, and non-executive director of, Cove Energy plc - the highly successful East Africa focused explorer that went from having a market capitalisation of 2 million pound in mid-2009 to being sold to PTTP for 1.2 billion pound in less than three years. Dr Staley is owner and founder of Derwent Resources Limited, an upstream consultancy advising on oil and gas opportunities. Prior to this he has worked for Cinergy Corp., Conoco and BP. Dr Staley was until October 2019 the CEO, director and co-founder of Upland Resources Limited, a London-listed oil & gas company currently with assets onshore UK. Dr Staley is also a non-executive director of Predator Oil & Gas Holdings PLC which is a London-listed oil & gas company. Otherwise Dr Staley does not hold, and has not over the last 3 years held, a directorship in any other public listed company.
BSc (Hons.), MBA, PhD(Petroleum Geology), FGS, MEA Male
Ms Joanne Louise Kendrick (nee Williams)
Non-Executive Director 02/08/2021
Ms Kendrick has over 25 years' experience in the global oil and gas sector. She is currently a Non-Executive Director of Buru Energy Limited and Sacgasco Limited and has previously held Board and senior management positions with various international oil and gas companies including more recently as Managing Director and CEO of Blue Star Helium. Currently, she also holds directorships in Joanne L Williams -a personal consultancy. Previously, she held directorships in BNL (USA Helium) Pty Ltd and Santa Energy Pty Ltd.
BE(Hons),MAICD Petroleum Engineer Female
Mr Ashley Gilbert
Managing Director 01/08/2019
Mr Gilbert has financial, compliance and corporate governance experience.
CA,MGIA,MAICD Male
Top 20 Shareholders
| Name | Shares | % | |
|---|---|---|---|
| 1. | Hargreaves Lansdown (Nominees) Limited <15942> | 815,322,892 | 6.70 |
| 2. | Hargreaves Lansdown (Nominees) Limited | 461,354,167 | 3.79 |
| 3. | Interactive Investor Services Nominees Limited <Smktisas> | 418,541,265 | 3.44 |
| 4. | Interactive Investor Services Nominees Limited | 404,213,656 | 3.32 |
| 5. | Hargreaves Lansdown (Nominees) Limited <Vra> | 359,957,513 | 2.96 |
| 6. | Barclays Direct Investing Nominees Limited <Client1> | 294,014,896 | 2.42 |
| 7. | HSDL Nominees Limited <Maxi> | 259,392,526 | 2.13 |
| 8. | HSBC Client Holdings Nominee (Uk) Limited | 231,372,615 | 1.90 |
| 9. | HSDL Nominees Limited | 175,981,049 | 1.45 |
| 10. | Jim Nominees Limited | 136,961,634 | 1.13 |
| 11. | Mr David James Wall | 120,038,015 | 0.99 |
| 12. | Vidacos Nominees Limited <Igukclt> | 112,415,683 | 0.92 |
| 13. | Citicorp Nominees Pty Limited | 106,085,021 | 0.87 |
| 14. | J P Morgan Nominees Australia Pty Limited | 91,881,625 | 0.76 |
| 15. | Lawshare Nominees Limited <Sipp> | 87,728,078 | 0.72 |
| 16. | CS Third Nominees Pty Limited <HSBC Cust Nom Au Ltd 13 A/C> | 85,000,000 | 0.70 |
| 17. | Wealth Nominees Limited <Wrap> | 82,432,570 | 0.68 |
| 18. | Lawshare Nominees Limited <Isa> | 70,873,939 | 0.58 |
| 19. | 1215 Capital Pty Ltd | 69,024,562 | 0.57 |
| 20. | Elko International Llc | 61,369,048 | 0.51 |
Director Transactions
| Date | Name | Qty | Value | Direction | Notes |
|---|---|---|---|---|---|
| 21/06/2021 | Ashley Gilbert | 11,200,000 | $224,000 | Issued | Director remuneration. 55,927,000 - Performance Rights |
| 05/01/2021 | Michael Evans | 1,666,667 | $10,000 | Issued | Placement. |
| 05/01/2021 | Stephen Staley | 1,666,667 | $10,000 | Issued | Placement. As per announcement on 05/01/2021. |
| 05/01/2021 | David (Dave) Wall | 64,500,000 | $548,250 | Issued | Issue of securities. 77,640,000 - Performance Rights |
| 05/01/2021 | David (Dave) Wall | 8,333,333 | $50,000 | Issued | Placement. |
| 30/10/2020 | David (Dave) Wall | 4,380,000 | $26,280 | Expiry | As advised by the company. Lapse of Performance Rights 13,140,000 - Performance Rights |