International law firm Bird & Bird advised long-standing oil & gas exploration client 88 Energy on an oversubscribed placing to raise A$9.9m (£5.2m).
The proceeds of the placing will be applied towards further work on the company’s Hickory-1 discovery well in Alaska and completion of a 2D seismic program at its PEL 93 farm-in project in Namibia, as well as supporting other exploration work.
The Bird & Bird team was led by partner, Michael Dawes, assisted by Associate, Zoe Symes.
