Australia's 88 Energy surges most in nearly three weeks on Texas asset sale
ReutersAug 18, 2025 2:05 AM
** Shares of 88 Energy 88E.AX are up 6.8% at A$0.0235
** Earlier was up 9.1%, their biggest intraday pct gain since August 1
** The oil and gas explorer will sell its 75% non-operated working interest in assets located in Texas' Permian basin to Lonestar for $3.25 million
** YTD, shares of co down 53%
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