88 Energy Share Discussion Threads

[francis55] 17/8/2017 07:55

Up 8.4% and climbing - those people buying shares pre open must be fools if you believe the idiots on here who probably own a few hundred quid of shares and then decide they are experts and when called out reduce it to guess work.

[defcon3] 17/8/2017 07:51

I didn't say it is a dud. I said to me it looks like a dud. I'm no expert, but those in heavy here must be worried. The company is seriously overvalued as it is.

[lithological heterogeneities] 17/8/2017 07:46

Nothing in that rns other than flow test start date.

[11_percent] 17/8/2017 07:46

Yep.....IW2 is a complete dud......won't flow.

They will swab it and claimm it is flowing.

There will be another shutin while they install ESPs.

[francis55] 17/8/2017 07:45

Defcon show me where it says IW2 is a dud - perhaps you have prior knowledge you could share?

[defcon3] 17/8/2017 07:26

Another waste of shareholders money given IW2 is looking like a dud.

[francis55] 17/8/2017 07:18

Confidence to take the extra land and Mondays results = 2.4p today with another push to 2.8p Friday and 32% result Monday 4.2p finish Monday. All aboard the skylark.

[1i1i1i] 17/8/2017 07:01

4p will be breached in no time, looking for 10p by 6 weeks time.

[panamabob3] 17/8/2017 06:41

4p will be left far behind should the Flow Test be what we are looking for.Another UKOG but without worries of coucil permissions and collapsing bore hole.IMHO DYOR

[rossowheels] 17/8/2017 06:32

Watch this go back to 4p

[1i1i1i] 17/8/2017 06:31

Up 17.2% in Australia so far, a good day awaits.

[jovi1] 17/8/2017 01:54

This news must be worth at least10% on opening tomorrow no that will make much difference on the long run

[wirraltrader] 17/8/2017 00:18

Another words everyone get there asses back in before Monday or they will miss out ?

[wirraltrader] 17/8/2017 00:15

88 Energy Limited ("88 Energy", "the Company", "Operator") (ASX, AIM: 88E) is pleased to provide an update on Project Icewine, located onshore North Slope of Alaska.Highlights• Flow testing on Icewine#2 to re-commence week beginning 21st August post six week shut-in• Gross acreage position increased by 76,996 acres (48,864 net to 88E)o Totalgrossacresnow348,116(259,114netto88E)o Additional~256,000grossacressubjecttoaward,expectedlaterthisyearIcewine#2 Operations UpdateThe Icewine#2 well was shut-in on 10th July for a six week period to allow for imbibition and pressure build up to occur within the HRZ shale. Flow testing is scheduled to re-commence week beginning 21st August.Additional technical analyses are ongoing and will be communicated once complete.Lease Position ExpandedThe Project Icewine Joint Venture was awarded 109,817 gross acres on 7th July as part of a broader package of successful bids submitted in the December 2016 North Slope lease sale. Of these 109,817 gross acres, 76,996 gross acres (48,864 net to 88E) were recently taken up and paid for. Given the ongoing testing of Icewine#2, a decision was made to accept award on acreage where the coincidence of prospectivity for both the conventional and unconventional was greatest. An additional ~256,000 gross acres is subject to award, expected later this year. The current lease position for the Joint Venture is summarised below.

[westmoreland lad] 16/8/2017 23:59

Spit it out p/ls Wirral -- hope oil follows water ?

[dave19w] 16/8/2017 14:11

Hi Tim how is it a 800 Million dollar spud? Is that their cost just to spud the well??

[timw3] 14/8/2017 23:03

Heads up Seller cleared at AAOG... $800m spud in 4 weeks!!

AAOG without doubt in play now seller out with that 1m sell printed after hours.

Fincapp valuations:

Mengo hit 750bopd - £70m MCAP - £1
Djeno hit 10k bopd - £750m MCAP - £10

So £11 potential vs 28p share price

Current market cap is only £10m once cash is stripped out.

£10m cap vs $1billion potential...

No brainer at these levels.

60p+ target at least prior to spud in 4 weeks

[westmoreland lad] 14/8/2017 15:59

Deccer 1 - 13367 and those worried by 'water production' This sound familiar ?

PANr Well VOBM#2H, Polk County

''Initial results indicate that the Frac has been successful, with the well, which is presently in the process of recovering frac water, flowing both gas and oil to surface. The Company cautions however that it is too early to make an accurate assessment as to the ultimate performance of the well until the remaining frac water has been recovered, production tubing installed and flow testing completed''

[carbon man] 13/8/2017 23:26

A million shares are nothing, especially if one paid around .03p in an earlier placing.

[dave19w] 13/8/2017 18:43

As we approach the end of the 6 weeks should be more interesting

[manfrom] 11/8/2017 14:30

Nothing too exciting of late,just a waiting game. Every time it ticks up someone sells a million and back down it goes. GLA

[wolansm] 11/8/2017 13:55

11% filtered