Share Name Share Symbol Market Type Share ISIN Share Description
88 Energy LSE:88E London Ordinary Share AU00000088E2 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.125p -5.88% 2.00p 1.95p 2.05p 2.075p 2.00p 2.075p 67,023,040.00 15:42:49
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.1 -14.5 -5.1 - 83.38

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Date Time Title Posts
07/12/201616:3488 Energy - Project Icewine - Billion barrel oil prize11,449.00
29/8/201608:5688e Long Term Investors Group10.00
29/8/201608:5488E Remember Tangier BEWARE6.00
29/8/201608:4588e - Sell while you can at just shy of 4p.53.00
09/4/201614:15Thoughts1,289.00

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07/12/2016 17:32:431.971,650,00032,505.00O
07/12/2016 16:55:051.992,000,00039,800.00O
07/12/2016 16:27:462.02121,9152,467.56O
07/12/2016 16:27:392.02505,98610,241.16O
07/12/2016 16:26:382.02500,00010,120.00O
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88 Energy (88E) Top Chat Posts

DateSubject
07/12/2016
08:20
88 Energy Daily Update: 88 Energy is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker 88E. The last closing price for 88 Energy was 2.13p.
88 Energy has a 4 week average price of 2.18p and a 12 week average price of 2.36p.
The 1 year high share price is 4.35p while the 1 year low share price is currently 0.26p.
There are currently 4,169,180,418 shares in issue and the average daily traded volume is 25,121,308 shares. The market capitalisation of 88 Energy is £83,383,608.36.
13/9/2016
04:56
grannysnuffs: this was from a guy who was there, and posted on lse, so yeas bud i did read it, On the train back from London so here goes... buzzing with the long term prospects here. Very impressive event, well done to Tim & Graham. I didn't linger for drinks and canapes as I need to get home. Maybe next time when we're in double figures... ;) It was hugely useful to have attended this event and I learnt a lot from it. In some ways it's not new information, because obviously that would have to be RNS'd for equality. But really the benefit was in the 'colouring in' or joining the dots between the information that has been RNS'd, or just plain educating of non-oil experts! It's clear that the RNSs only show the very tip of the iceberg when it comes to technical data, PB reeled off so many different tests and correlations that they've been running that my head began to spin. Essentially it's all maths and physics, that is being cross-referenced against a huge wealth of existing data from other oil plays to try and figure out what we've got. All of this data is being worked on by a team of experts in Houston and then cross checked and essentially stress tested to see if anyone can break it. Most significant of these tests was done by Ken Peters at Stanford: https://earth.stanford.edu/kenneth-peters. Ken was behind Great Bear's choice of acreage to the north of Icewine. It seems as though got it wrong by 25 miles, because the sweet spot for shale is under our acreage, not theirs. So if anyone had an axe to grind about disproving the Icewine play, it would be Ken. But he can't, because the data says we've got one hell of a reservoir. DW 'once in 10-15 year reservoir, the other being Eagle Ford'. My overriding impression is that I think we're in great hands. There is an obvious chemistry between Dave and Paul. Their experience is fantastic. PB the wacky genius who dares to believe the impossible. DW the business mind who will get us the best bang for our buck. Staley brings the experience of having done it all before (on a smaller scale!) with Cove. Setting expectations is probably the most important thing any LT investor can do after this event, so here is the first one: DW was at pains to point out that news on the bigger seismic patch was not due in 4 weeks. It would be 4-8 weeks. What would this tell us? Essentially the 2D gives us leads to follow up on with 3D at a later date. But crucially it will allow a preliminary volumetric assessment of conventional oil potential. If Great Bear and Otto have success in their January drill for conventional oil (as detailed in their recent presentation), then DW reckons we will see significant benefit to our share price. Conversely, if they have a duster, we'll feel that too, as the value of our 'conventional backstop' will be slashed. Currently I don't think we have any value for our 'conventional backstop' so I'm assuming this will be coming in the 4-8 week window... interesting times. Talk of an IRR after the 2D RNS was a little muted, there was some follow up questioning about this but it was really around the unconventional, not conventional. That's not to say there won't be a new IRR, but it was left a little vague I felt. It's worth pointing out that the conventional and unconventional can be thought of as two completely different technical and financial challenges, with different timescales too. Conventional is on a longer timescale because if we see any juicy 2D leads, we'll need to 3D them, but that wouldn't happen until winter 2018 (Jan - May) and any drills would be done the following year, 2019. Back to the relatively near term and the unconventional, and Icewine 2. Oh boy, this will be exciting... Spud in March and flow testing until July, so don't get your expectations set solely for March news. One of the big things DW wanted to clear up was why a vertical well and frac was better now than a horizontal. Going horizontal immediately (as previously expected) was really missing out a stage that would normally be done. Part of the Icewine 1 data was lost or compromised during the drill (contamination I think) so having analysed all the available data they had to make the call that skipping the vertical test and moving straight to horizontal would be too risky - they wouldn't know for certain which horizon or landing zone to aim for, and 'the LZ is absolutely critical for a successful frac' (PB). However, understand this... Icewine 2 should take us from our current 50% chance of success to nearer 85% assuming it's successful and we prove flow rates of 100-150 barrels, which is what they're publicly stating as their expectations (personally I got the impression that perhaps they were low-balling this so that when news comes, we'll exceed expectations). Of course if Icewine 2 doesn't flow then we're back down below 50% and watch out as the share price crashes. So it's a "very high risk period of 6-7 months" to quote DW and I respect him for laying it out like that... because we should all be aware of the risk! If Icewine 2 is successful, then the next step is horizontal wells, and with them immediate production, and revenue. Icewine 2 could be reused for this purpose too. DW corrected the assumption that 88E will never be a producer. The only question is how the funding of those horizontal wells would be made, wither via a placing or from an arrangement with an oil and gas company. Either way it's dilutive, the former being more shares in issue and the latter being a share of the revenue. DW was very open about this and really it comes down to what's the right approach at the time and the environment we find ourselves in, driven primarily by the price of oil and appetite for investment in oil. The plan would be to drill in multiple places around Icewine 2 and really start to cream the curve by demonstrating how much value there is to be had from the 271k acres. But with 1,000 drills needed at $15m each, it certainly won't be 88E drilling them! But at that point, ker-ching and we're all very rich indeed... Hopefully that was useful, it's taken me 40 minutes to type on my phone! One last thing that was intriguing- as the LTIG now represents 30% of the value of the company and 780 people, we are clearly the largest single investor body. This may give us some leverage in approaching a broker to help fund 88E in the future, rather than a share purchase plan which crashed the share price a year ago due to traders selling out. The benefit of LTIG funding would be 'stickier money' and less volatility in the share price. Right that's it before I get RSI typing on a phone!!!
29/8/2016
08:44
tim_00: All I can suggest is come along to the 88e Long Term Investors Group - London Presentation 9th September and find out why this might be one of the best investments of the decade. There will always be those wishing to pull a share price down and from my point of view why would they? Because they believe it will go up. 166 coming so far to our 88e Long Term Investors Group - London Presentation It's an exclusively 88e event. Everyone is welcome. We have space for up to 200 at TheBrewery.co.uk Its a ticket only event. Get your tickets from our survey: hxxps://www.surveymonkey.co.uk/r/QGGKZQB See the programme at our website: 88eInvestors.com Get in contact by email: 88eTheGlobe.com Tim@88eInvestors.com
12/4/2016
12:39
loglorry1: @newvest1 you are totally naive if you think Basinski has no economic interest in an increased 88E share price. I've not researched it in full as I've not had time and it may not be public info but you can be sure he has.
06/3/2016
21:01
theclangers: Not much surprises me anymore with shares, commodities, ETC, It's unlikely but not inconceivable the PoO could get back to $100 within the next 18 months, (88E is highly geared to PoO) You might think the Saudis/opec are mad to turn/leave the oil taps fully on & recieve such a low price for their precious oil. (But have they got a cunning plan) When they are done trashing the price to put the shale producers out of business, What then if they cut back production, (they have been ruthless before) the price would go sky high, the shale producers would need quite some time before they could get back into full production (once bittern twice shy) and would be in constant fear the the price could be trashed again. A year or two of $80/$100 PoO would have a dramatic effect on 88E share price, if that played out £1 a share would not be beyond the realms of reality. unlikely but possible, Leicester were 5000 to 1 to win the premiership, what odds on oil getting to $100 in 18 months, I would say 3 to 1
05/3/2016
14:39
philmar089: i know this is old but still good info 15-06-15 Oil Explorer Accelerates Alaskan Play as Repsol Reports Discovery Nearby 88 Energy (AIM:88E; ASX:88E) is surfing a tsunami of news right now. Most importantly, a few miles down the road, $23BN USD oil major Repsol has just struck oil… … A 750 million barrel discovery, by our rough estimates (read on for the full calculation). Repsol paid $768M USD for their land a few years ago. But earlier this year our company 88E snapped up nearby acreage at a fraction of the price, at the bottom of the cycle. Repsol’s discoveries are just 50 miles from 88E’s acreage Given the proximity to 88E and reservoir quality encountered by Repsol, it’s highly encouraging that these discoveries could be within a resources fairway that extends into 88E’s acreage. The 88E share price has been up around 90% since this news started to spread… The past performance of this product is not and should not be taken as an indication of future performance. Caution should be exercised in assessing past performance. This product, like all other financial products, is subject to market forces and unpredictable events that may adversely affect future performance. 88E’s even closer neighbour is announcing results any day now That closer neighbour is “Great Bear Petroleum”, who has drilled one of two planned wells and we are expecting results could drop at any minute. What might positive news from a direct neighbour do to the 88E share price? All this comes as 88E surges toward its maiden drilling event at Project Icewine – where it’s targeting 8 billion barrels of in place oil (gross mean unrisked) potential on their unconventional prospects.
04/3/2016
17:10
newvest1: LSE:88E OKSearch 88 Energy Share News (88E) Follow 88E Start Trading Share Name Share Symbol Market Type Share ISIN Share Description 88 Energy LSE:88E London Ordinary Share AU00000088E2 ORD NPV (DI) Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade +0.32p +13.91% 2.62p 2.50p 2.60p 2.725p 2.45p 2.575p 128,275,696 16:35:18 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Oil & Gas Producers 0.1 -14.5 -5.1 - 82.88 Print Alert 88 Energy Limited Issue of Equity 04/03/2016 5:06pm UK Regulatory (RNS & others) 88 Energy (LSE:88E) Intraday Stock Chart Today : Friday 4 March 2016 Click Here for more 88 Energy Charts. TIDM88E RNS Number : 1657R 88 Energy Limited 04 March 2016 88 Energy Limited Issue of Equity 88 Energy Limited ("88E" or the "Company") confirms that it has today issued a total of 6,400,000 fully paid ordinary shares (the "Ordinary Shares") pursuant to the exercise of options. Admission of the Ordinary Shares is expected to occur on 11 March 2016. Following the issue of the Ordinary Shares, which rank pari passu to the existing ordinary shares in the Company, the Company has 3,172,828,372 ordinary shares in issue, all of which have voting rights. Media and Investor Relations:
03/3/2016
08:14
brewsters_millions: Does anyone else think that this all has the feeling of a story that has already been written? There are just so many factors that have seemed to fall neatly into place: the drill pad for Icewine 1 was ready for immediate use; 3D seismics have already recently been undertake on the area by ASV who planned to sell onto the area's licence holders (can't think of another situation where this has happened); the Alaskan government is desperate for oil to fill their already existing pipeline to start to correct their recent massive loss in revenue; a lending facility from a major bank (BoA) was rapidly found; DW in a pre-Christmas podcast stated along the lines of 'I know this isn't the sort of share that appeals to everyone but for those that do invest it has the potential to be life-changing'; DW has since stated that 100 to 200 times gains are a possibility; Paul Basinski has done years of research on the potential of this area; the first drill hits the sweet spot; DW stated in another podcast regarding purchase of the extra 170000 acres, 'the chances of not having conventional oil in the original acreage is pretty slim, but with the extra acreage it is ....well...nil'; etc, etc. Also the way the share price is being carefully controlled looks like there is already a value in mind by the market. I think the new 2D seismics (or maybe the already completed 3D seismics - see my earlier post) will identify a conventional prospect pretty quickly, this will be hit, the share price will climb to the pre-agreed price and ConocoPhillips, who seem to be guiding us through all this, will buy us out or at least come in as partners. Why 88E? Well, knowing how this was going to unfold then everybody wanted to make money. 88E (TPET) was perfect as the share had fallen sharply after the Moroccan failure so now those in the know can reap massive gains with the unfolding story - no need for a massive manipulation downwards as is so often the case since 88E's share price had started at rock bottom price anyway. Also DW is a highly respected and trusted oil man who obviously has connections in the right places.....and would be very wary of making exaggerated claims for this share unless there was a significant possibility of it happening. So we are now free to head north for everybody's gain.
01/3/2016
20:05
jammytass: Does anyone else think that this all has the feeling of a story that has already been written? There are just so many factors that have seemed to fall neatly into place: the drill pad for Icewine 1 was ready for immediate use; 3D seismics have already recently been undertake on the area by ASV who planned to sell onto the area's licence holders (can't think of another situation where this has happened); the Alaskan government is desperate for oil to fill their already existing pipeline to start to correct their recent massive loss in revenue; a lending facility from a major bank (BoA) was rapidly found; DW in a pre-Christmas podcast stated along the lines of 'I know this isn't the sort of share that appeals to everyone but for those that do invest it has the potential to be life-changing'; DW has since stated that 100 to 200 times gains are a possibility, Paul Basinski has done years of research on the potential of this area, the first drill hits the sweet spot; DW stated in another podcast regarding purchase of the extra 170000 acres, 'the chances of not having conventional oil in the original acreage is pretty slim, but with the extra acreage it is ....well...nil'; etc, etc. Also the way the share price is being carefully controlled looks like there is already a value in mind by the market. I think the new 2D seismics (or maybe the already completed 3D seismics - see my earlier post) will identify a conventional prospect pretty quickly, this will be hit, the share price will climb to the pre-agreed price and ConocoPhillips, who seem to be guiding us through all this, will buy us out. Why 88E? Well, knowing how this was going to unfold then everybody wanted to make money. 88E (TPET) was perfect as the share had fallen sharply after the Moroccan failure so now those in the know can reap massive gains with the unfolding story - no need for a massive manipulation downwards as is so often the case since 88E's share price had started at rock bottom price anyway. Also DW is a highly respected and trusted oil man who obviously has connections in the right places.....and would be very wary of making exaggerated claims for this share unless there was a significant possibility of it happening. So we are now free to head north for everybody's gain. Thoughts anyone? Rab lse
28/2/2016
16:22
h2owater: http://www.lsesharetalk.com/oilandgas/88e/88e-poll.phpIcewine #1 Drilling Update - 88EHello there and thank you for taking place in our recent survey in which the winner chosen by yourselves was "The time line of the company and what to expect"... as is obvious, these are only rough estimates and are my thoughts based on my knowledge and research.Firstly I hope you have all done well and enjoyed the rises over the last few weeks but as you may see there is so much more news to come...As we know the Thermal Maturity was confirmed on the last RNS released and we were told to expect the next piece of news towards the end of February into March on the rock mechanics. These will let us know what the rock structure is in place and how easily they can be fractured. More importantly the amount of oil that can be released from them and is lying in between them. After this information, the full results will be released. These will show lots of information of what the samples show. Contained within them will be the petroanalysis of the Kaparuk sands and what the 58' gas discovery holds (should be condensate or light oil). These could be a week or so after the rock mechanics.Shortly after 88e's recent good news a legacy payment has become payable via an old contract with a company called GALP. When 88e's market cap raised above the $50m mark a payment of $3.4m became payable within 60 days, either by shares or by a cash payment. For the issue of shares this will be at a 10 day average price, dependant on the news flow if the share option is chosen 88e will probably do this at a time where the share price should be at its highest. 88e can do both easily at the moment with cash in the bank.Upon good results, and as per previous RNS announcements, 88e will take a loan out with the bank of America to purchase 3D data. This is where 88e starts to get interesting. There was a company who shot 3D on our original land purchase called SAexploration. 88e is currently in final negotiations to purchase the dataset that has already been interpreted by Saexploation. This is with the company who currently own the data, this was subject to a 85% rebate so should be a cheap acquisition. This data set will allow the potential joint venture partner to see the true potential of 88e's acreage by seeing the unconventional and conventional oil plays. The loan could come at any point in time and the subsequent acquisition. One thing to bear in mind is when applying for a loan you know what the cost of the item to be purchased is, thus talks may well have concluded. During my research into the who's what's and why's I stumbled across the letter that was used to apply for the 3D data. The links for these are at the bottom of the page with my subsequent thoughts on this matter.Around a month or so after the purchase we could see an Analysis and publication of the SAexploration 3D seismic data and hopefully confirmation of any "conventional" oil in place as an estimate. There could very well be an independent resource report on the conventional in place shortly after as well.The 2nd part of the 3D story is the data shoot to be taken on 88e's soon to be acquired land. These permits were logged in October last year and are now subject to completion of the contracts and they should start the shoot by the end of March. The shoot will be subject to a 75% rebate. Historically the land purchases are around June. I hope the JV agreement that Dave Wall is looking for will cover the cost of the purchase of the land or 88e gets a payment to cover these two costs to date. Thus there will be no need for any further placements in the future.On the back of our lab tests and published results there will be an Independent Resource Report, sometimes called the competent persons report. Potentially due end of March into April this may or may not contain the conventional oil in place on the 3D but will have a barrels in place figure for the shale's and any other finds that are in place on the icewine acreage.Throughout the next few months joint venture and other talks will be in place and this is were patience is key to all holders, the results and independent resource reports will determine how strong 88e's negotiation position is. The other important factor is the price of oil which the general consensus says will be on the rise across this year, time will tell but expect June onwards to hear reports about how things are progressing. They may well open a data room where all of the companies reports and details are accessible by all parties this will be done as soon as the full results are in on all aspects of our current land.Confirmation of conventional oil from the 3D seismic still to be shot will be around the end of the year after the interpretation has been completed and late year for an independent resource report on that data acquisition.There may or may not be other news as we go along and these will all become clear as and when a time scale can be placed upon these, for instance icewine#2 might well be a multiple drill program dependant on the jv partner. The permits on the drill might come before completion of the joint venture or after, this might alter the timing of spud of the next drill. Either way it will be towards the end of the year earliest.On many forums there has been many discussions about who 88e's joint venture partner will be or if a takeover offer will be somewhere in the pipeline in the future, the main train of thought is the link between Paul Basinski and Connocophillips. Connocophillips has over the last several months turned away from other areas worldwide to develop a little closer to home and has released several hundreds of millions of dollars to do so. As the major driving force behind the prolific Eagle Ford discovery and the fact that Paul was working on the icewine discovery whilst working for them holds weight to what are 'theories', I for one like theories if they can be backed up, but also like to sit back and allow what needs to happen to take place. Last year I came across the Saexploration permits and let everyone know that there was a 3D shoot about to take place on our acreage which bodes well for the future prospectively at icewine. Whilst looking into the permits it looked like the company applying for the permits was accumulate energy, as per page 3 of this linkLooking further into the links between Connocophillips, Paul Basinski and 88e there is a document at this linkAs you can see the document states that the company that put in the permit was Connocophillips, make of this what you will but this holds more weight to the theorists out there who mainly state that we are a shell sent in to prove up the acreage at little risk to Connocophillips. I don't know fully who owns the 3D that we are purchasing apart from Saexploration have shot the data and interpreted it, although what we do know is that someone has to ask Saexploration to shoot the data. If it was Accumulate energy then Dave Wall is the president as per the link above so why the need to negotiate? I will leave you all to make your own minds up on this but all I can say is the future looks very exciting indeed for 88e holders.Kind regards to everyone and 88e.Steve
17/9/2015
11:18
tidy 2: Oil Drilling in Weeks: Multi-Hundred Million Barrel PotentialCatalyst Hunter16/09/201588E - 88 Energy, Oil & GasNote to readers: Catalyst Hunter presents this information for the use of readers in their decision to engage with this product. However we stress that it should only be used as one part of this decision making process. You need to fully inform yourself of all factors and information relating to this product before engaging with it.88E-logo COMPANY NAME:88 EnergySTOCK CODE:88E (AIM | ASX)CATALYST TYPE:Oil DrillingCATALYST TIME FRAME:Weeks In just a few weeks' time, 88 Energy (AIM:88E | ASX:88E) will start drilling a well in a potential new play – which, according to the company, could host hundreds of millions of recoverable oil.This unconventional oil play located on the North Slope of Alaska bears all the hallmarks of the Eagle Ford shale – the largest onshore discovery in US history.We will find out if 88E's Project Icewine lives up to this expectation over the course of the coming months as staged results are released.88E's Project Icewine features 98,192 continuous acres of onshore prospectivity on the North Slope of Alaska – a proven and productive oil province that continues to offer up new oil discoveries as recent as this year.If the Project is a success, this could generate billions of dollars in value as large discoveries are commercialised.However, success is no guarantee here – and 88E is a speculative stock.88E's well is fully funded, the rig has been contracted, and final permitting is due in the coming days.All that remains is for the rig to mobilise to the Icewine-1 site and start drilling.Drilling will target the HRZ shale layer, which could have a sweet spot that is as productive of that of the Eagle Ford. The US Geological Survey has estimated that the HRZ and Hue Shale layers on the North Slope, which 88E is targeting, could hold as much as 2 billion barrels of oil.Results will be released steadily over a three month period – so this is no conventional 'all or nothing' oil well.For this reason, and being a relatively liquid stock – compared to other small oil companies – there are multiple entry and exit points for short term investors over the coming months.With the pending spudding of its first well at Project Icewine, 88E is a company in motion, and the exact kind of stock Catalyst Hunter looks for:"CatalystHunter.com provides alerts when an ASX stock is close to a share price catalyst that could potentially initiate a share price movement."That's what we're all about here at Catalyst Hunter, and the upcoming drilling program fits the bill perfectly...http://catalysthunter.com/oil-gas/oil-drilling-in-weeks-200-million-barrel-plus-potential/20150916/?utm_campaign=88E-01&utm_source=onefreesharetip.com&utm_medium=email
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