88 Energy Share Discussion Threads

[daithedeath] 13/6/2017 08:08

in 17 mins

[daithedeath] 13/6/2017 08:08

Announcement on ASX re operations update

[wolansm] 13/6/2017 08:06

Some demand appears to be there also looks like a few of the trades are out of sequence so reckon it's game on today, prob 5% plus

[daithedeath] 13/6/2017 08:06

Hang on to your hats !!

[tmmalik] 13/6/2017 07:29

Look like big jump from 4p to 6p on the card till Monday If good flow rate next month than 20p otherwise back to 1p

[h0me] 13/6/2017 07:23

UK usually follows Oz pricing although that's not been the case recently. News always comes out there first. +15% overnight in Oz, lets see if we get another good day here.

[wolansm] 13/6/2017 07:14

Aus now aligned,Which way today? Up would be fab

[madengland_] 13/6/2017 04:40

Yeah looking good 1l1l1lCan anyone on the board give me a brief headline lesson on how the stock price on AIM and ASX will be arbitraged. The process and impact

[1i1i1i] 12/6/2017 22:03

88E and AMC - 2 x 10 baggers this year!

[dmk1198] 12/6/2017 22:03

Cheers tidy

[proj] 12/6/2017 19:44

10p doesn't feel very far away now.

A lot of folk on LSE seem to have re-calibrated to a quid.

[tidy 2] 12/6/2017 19:04

RE: From domum over on hotcopperPart 3....Just one thing to add. The volatile vapour phase liquid potential becomes important here becos given we r in the correct thermal maturity zone, and the reservoir at these depths should be relatively homogeneous with VVPG which converts to liquids at ambient, then this gas fraction BOTH lowers viscosity, which will lend itself to more even and relatively higher rates of flow ( but not sky high) AND also provided more PUSH to the WHOLE OF THE HRZ (and potentially HUE) RESERVOIR, which should lower the decline rate by providing more push FROM EACH AND EVERY PORE !!! Remember the last annmnt statement re higher PORE PRESSURE which went on to state potential flow rates. Bludy hard to forget quite honestly and could be one of the defining moments in the history of establishing this NEW TYPE of play. So to sum up, if the market doesn't see thru this high IP necessity then it will simply give a massive trading opportunity to those with THE KNOWLEDGE. You can bet Ur bottom dollar that if the JV proves up this conventional like flow rate that not long after there will follow some very impressive play numbers that if we thought marginal with current oil prices could well put the play economics much lower still !!! ..... domum

[tidy 2] 12/6/2017 19:04

RE: From domum over on hotcopperPart 2....Have a deep think about this for just a sec. If U have low decline rates it means AVERAGE production stays higher for longer. This means one doesn't need to plug the number of wells at the RATE of drilling they need in the lower 48. This is absolutely crucial to our play becos we need this play to minimise the number of wells drilled given the higher drilling costs on the Slope. So if one well, or group of wells, is producing more for longer, its flattening that decline rate curve much earlier and then one doesn't need such a large array of wells or rigs or frack crews etc etc. The whole process becomes a slower one BUT, comes up with the same economic production rate with the added bonus of massive economies of scale with the acreage they now have. CP has just done it to the north, but had to do it over a long period. We r offering the whole package IF we can prove up the concept. In fact the new super rigs are just what the doctor ordered for this type of play and it's eary ho Doyan has just developed these rigs and we have just used them for Ice 2v !!! Something smells good in the arctic breeze here. But just a slight nice smell at this stage.;) The more I think about this the more it's important to NOT apply sky high IP rates. As mentioned DW was firm in stating it was not about getting massive IP rates but about getting it to flow efficiently. Get the HRZ to flow efficiently and one has such a large reservoir potential that it could be the very first technically unconventional play that "flows like a conventional."Off Topic

[tidy 2] 12/6/2017 19:04

From domum over on hotcopperPart 1....It's an interesting question as to how one translates the potentially hybrid nature of the play to initial production (IP) and decline rates Meso and one that should be given some thought coming up to the flow test. The way I see it is, that if one can get into the higher quadrant of what guidance they have given us, say 125 to 150 Bbbls, and if we're a bit luckier higher still, and we prove the extractability, or as DW says "it's all about getting this thing to flow first", then if one can apply the validity of the permeability super highway concept in lending the play it's more conventional like decline rate then this becomes a major advantage. Why ? Well it comes back to the potential difference between the HRZ and the Lower 48 plays. Time is now showing, post the shale bust, that efficiencies must be chased to bring the cost per barrel down dramatically. The problem they have in the Lower 48 is the very nature of the rock mechs of the plays. They r TIGHT !!! in the extreme sense of the word. Finding the sweetspots in these plays is absolutely crucial to making them viable at current oil prices as the stimulation needs to be spot on in such tight shales, as does the thermal maturity, and this is why the EF is so sought after with its added vapour phase gas/liquids. But coming back to efficiencies, DW is once again hinting big time here imho that this play is not about great IP rates but about GREAT LOW DECLINE rates.

[ride daice] 12/6/2017 18:48

tidy 2,

TPET is an important reference for me since I've been here a long time and I hold a lot of shares against which I hope to yield a spectacular return. I just don't think that anybody can start to talk about 60p or £1.00 at this stage and quite some way beyond. A lot of planets have to align for those kind of numbers to come off. If they do, I can assure you that my posting days will be well and truly behind me.

[11_percent] 12/6/2017 18:31

5p.....next stop.

[tidy 2] 12/6/2017 18:31

What difference does it make tpet has nothing to do with 88 since PB came along with the. north Slope.

[ride daice] 12/6/2017 18:18

Yes. However as somebody who has been here since TPET I find some of the prices predictions ridiculous at this stage of the game.

[squire007] 12/6/2017 18:13

A rather pleasant day all-round ...... 'don't you think' ...... ;-)

[tidy 2] 12/6/2017 17:15

Harris I think you'll find they had problems until PB came along.

[madengland_] 12/6/2017 17:15

Rafieh - it feels like that doesn't it

[boobly] 12/6/2017 16:54

Exciting day , but~~~~~~~
Will be even more so when we get 10% days once we`re in double digits !!!
GLA .