88 Energy Share Discussion Threads

[rabito79] 20/10/2020 09:18

Ride Dale, we don't know the size of the plays post Charlie and it's fair to say the market conditions are significantly different. We will need to see the IER first which is due in the next few weeks.

[tewkesbury] 20/10/2020 07:58

Good morning.

[tomford8] 19/10/2020 16:23

rossowheels What’s nice to see is the tremendous positivity in the RNS. Nice to see “successful221; even better would be the words WE ARE PLEASED!

[rossowheels] 19/10/2020 14:34

It's an oil exploration company so it will not be any surprise that they need cash to fund operations. Ideally a cash element from a farm out. What's nice to see is the tremendous positivity in the RNS. Nice to see "successful" etc and they always tell it how it is even if it's not so good. PMO [aid for Charlie 1 so they are minimising any dilution as they prove up the various plays.

[ride daice] 19/10/2020 11:50

It would be logical to assume that Area A can now be farmed out with superior terms than before Charlie-1 given that the acreage has now been de-risked courtesy of PMO's dollar.

[grannyboy] 19/10/2020 08:27

An rns simply to get some interest prior to a fundraise! Notice in the rns that states "there can be no guarantee of a farm out" PANR have been looking for a FO for months, and it's on the slopes, getting quite crowded in there for companies looking for FO partners!

[unabkxb] 19/10/2020 07:57

News out. Reassignment of icewine acreage from Premier and several offers received for farmout of Peregrine.

[ken chung] 18/10/2020 08:14

Water water.

[gowski] 16/10/2020 14:09

News soon?

[ride daice] 24/9/2020 12:27

In case anybody missed this from a couple of weeks ago.... hTTps://www.sharepickers.com/88-energy-strategic-minerals-paul-hill-russ-mould/

[the skipper] 23/9/2020 11:45

Well planning and procurement is normally a fairly lengthy process, so in order to make the statement about a start in Q1 next year it can reasonably be concluded that the Nomad has seen sufficient evidence of the farm out offers to justify that. Otherwise that bit would have been struck out. That is why I have added two more small tranches this morning. Get in now and derisk a bit when the well has spudded is the way to go imho.

[wolansm] 23/9/2020 10:37

Being held back, mms want shares aimo.......

[pro_s2009] 23/9/2020 05:12

https://www.asx.com.au/asxpdf/20200923/pdf/44mwtqf17gk96x.pdf .

[the skipper] 21/9/2020 12:07

5 v 1 on level 2. Should tick up again shortly.

[roger148] 16/9/2020 15:24

Well if peel hunt said there its guaranteed (not!)

[ruskie123] 16/9/2020 15:11

Worth having a look at ECO. Peel Hunt initiated coverage today with a £1 target (the below summary copied from the ECO forum). Problem is no stock available, price is flying ! Initiation from Peel Hunt £1 pt Eco Atlantic (Buy) - Initiation of coverage Participate in the most exciting exploration wells of 2021 Oil’s recovery has boosted E&P shares, however the explorers have been left behind. Our pick of the explorers is Eco, which plans two Guyana wells in 2021 (funded but subject to partner approval). The wells each target c0.6Bnbbl prospective resource worth PHe cUS$0.6bn (c250p) net per well. Eco’s 2019 Guyana wells found heavy oil, but in our view all data-points indicate that light oil is likely to be found next year. Historically, explorers’ shares rise in the months preceding company-making wells, so we urge investors to consider this excellent risk/reward opportunity now. We initiate with a 100p TP and Buy rating.

[glavey] 16/9/2020 09:04

"oil flying" Must be an awfully urgent delivery... Share price is doing a take off and landing too. Going around as they say.

[cboney] 16/9/2020 07:45

Was rmp involved with the Alaska drill

[stockhunters] 16/9/2020 07:30

oil flying

[atticusfinch1] 15/9/2020 20:57

On the chart front given the gap on way down between 0.6 and 0.4, it may move fairly quickly to back above 0.6..

[wolansm] 15/9/2020 19:37

I take nothing for granted here.... aimo

[rossowheels] 15/9/2020 18:10

Strong finish!