88 Energy Share Discussion Threads

[deccer1] 22/6/2017 10:03

Alaska only good for polar bears and Eskimos now. Oil is dead. Uneconomic at these levels which will fall more.

[johnspain] 22/6/2017 10:02

deccer, are you as thick as that comment sounds?

[deccer1] 22/6/2017 10:01

Majors are pulling out of Alaska. It's all over. Not economic at these prices which are only going to fall further.

[herschel k] 22/6/2017 09:59

Absolute garbage deccer That's simply not true at all

[deccer1] 22/6/2017 09:58

Even if they find something it won't be economic at these prices which are only going to fall more. It's finished.

[mickiek] 22/6/2017 08:45

waiting for 3.2p gap to be filled :)

[madengland_] 22/6/2017 08:32

Am sure it is, on the back of this kind of news flow.....http://oilprice.com/Energy/Crude-Oil/Can-US-Shale-Survive-Below-40.html

[ride daice] 22/6/2017 08:18

MM Fishing Trip.

[wirraltrader] 22/6/2017 08:08

9% down, wonder if there is news leaked, hope not,

[11_percent] 21/6/2017 22:11

It's a GUSSSHHHER...she's going to BLOWWWWWWWWW..

[ride daice] 21/6/2017 21:57

Decline Rates, Reduced CAPEX and Geopolitics will eventually take their toll. It's a matter of when rather than if imho.

[topitup] 21/6/2017 21:43

Low oil price is choking investment in large projects, in 18 months the effect of this will start to show and instead of a glut there will be a shortage good timing for 88e with a 2 - 3 year evaluation / delineation period, oil should be at a very good price when we hit the right point on the value curve, and look to sell.

[tidy 2] 21/6/2017 21:40

deccer121 Jun '17 - 18:32 - 12491 of 12497 1 030 dollar oil coming making this worthless.MONG ALERT

[ride daice] 21/6/2017 21:16

Then I think you've got a big shock coming in around 18 months.

[ride daice] 21/6/2017 21:03

deccer121 Jun '17 - 18:32 - 12491 of 12497 1 0

30 dollar oil coming making this worthless.
-------------------------------------------

decceer121,

Do you think that we will ever see $80+ oil again ?

[westmoreland lad] 21/6/2017 20:39

Ride Dalce -- Seen it all b4 - a mention of a few weeks wait and the shorters / doom sayers arrive in droves !!

Sample analysis will take place in a lab over the next four to six weeks to allow for detailed characterisation of the hydrocarbon composition and phase in the reservoir. Further updates will be made as and when appropriate throughout the drilling / testing program.

[gowski] 21/6/2017 20:33

I like this ... 'Subsequent to the sample acquisition, the choke will then be gradually opened up to ascertain the maximum potential flow rate from both zones over the coming weeks. Sample analysis will take place in a lab over the next four to six weeks to allow for detailed characterisation of the hydrocarbon composition and phase in the reservoir.'I'm looking to top up at 3.5 or less before mid July.

[ride daice] 21/6/2017 20:32

Oh dear. They've started to arrive.

[lilykins1] 21/6/2017 20:19

Hi fellow 88E investors,can anyone tell me why no director of this company has bought any shares?
A bit of a concern for me.

[proj] 21/6/2017 18:54

I hold over 2.5 million of these.

During our time in the 4s very recently, the most I could dummy sell in one go was £50k worth.

Not once was I able to dummy sell the lot.

This afternoon, when they'd shaken it to about 7% down on the day, I could sell the whole lot in one go.

That tells me plenty: primarily, that today was a fishing expedition for the MMs.

GL all.

[11_percent] 21/6/2017 18:44

I fear you could be right.

[deccer1] 21/6/2017 18:32

30 dollar oil coming making this worthless.

[ride daice] 21/6/2017 14:35

Nice to know that he's keeping the G&A down to a bare minimum by sleeping in the woods.