88 Energy Share Discussion Threads

[mynameiskhan] 09/3/2020 00:37

Yes, DW aim to sell this assets once proven. He is also expecting market cap of $500m on Charlie-1 hit. It's in the same audio presentation.$500m is almost 4p but I'm looking for something lower. But you never know, it can rise to 4p in April on commercial flow rates. Next year will be huge for 88E, they will drill horizontal well and also Yukon appraisal well

[alistair4444] 09/3/2020 00:25

Dave Wall said if Charlie 1 commercial got to prove up size back next year drill horizontal using the same bore as Charlie 1 then following year drill more then sell will not go into production

Listen in to link facts & figures given by Dave on Charlie1

[mynameiskhan] 09/3/2020 00:04

Wayn, very difficult to predict. It's depend on many variables.At the moment, all focus on Charlie-1 drill. If it flow at commercial rate, then I'm expecting price to be above 2.50p. For next 5 years prediction; IMPOSSIBLE to predict.

[waynesplash] 08/3/2020 23:55

Hi all,

So what are we expecting the shares to go up to ??? They are £1.10 now ??? Anyone have any ideas, what they will be in a month, a year, and 5 years ???

Wayne

[davidblack] 08/3/2020 23:16

-4% on Friday at Prudhoe Bay.

[mynameiskhan] 08/3/2020 19:10

I think next update will be about Indigo & Charlie. I'm expecting news around 16 March Monday!

[pro_s2009] 08/3/2020 11:21

LOL viku111




LWD :

Drilling and Logging

· Drilling to Total Depth (planned ~11,400'), Logging While Drilling and Wireline Logging estimated to take ~30 days

Continuous Disclosure :

Reporting

· Total program estimated to take ~60 days, with reporting of results determined by materiality and continuous disclosure obligations

[viku111] 08/3/2020 09:42

Probably still end up a red day with the way market is behaving lol..:.

[pro_s2009] 08/3/2020 02:09

As an example of the last well.......reporting was:

15th Feb 2019 RNS - Spudding on schedule
18th Feb 2019 RNS - Drilling ahead
22nd Feb 2019 RNS - Casing cementing and BOP in place
26th Feb 2019 RNS - Drilling into Primary targets
1st March 2019 RNS - Initial results from targets gone through
4th March 2019 RNS - Further results from targets and drilling deeper
6th March 2019 RNS - TD reached.

What I hope for is on this well :

9th/10th March RNS - Casing done and BOP installed and drilling ahead.
16th/17th March RNS - Interim drilling results from Indigo/Charlie
Week of 23rd March - Interim results of Lima/Stellar targets
Week of 23rd March - TD reached - coring HRZ and additional wireline tests.

Then its onto flow testing, coring results etc....... for loads more news in April.

[zoro9791] 06/3/2020 10:03

They would eat Dws shirts with tea spoon even the share price was 0. These are the globe trotters fellow.

[pro_s2009] 06/3/2020 09:51

Well, I hope for news Monday......update on progress so far, that casing is cemented in an BOP in place and checks done and drilling ahead into the first target zones.

Anyone thinking PMO would try to restrict 88E reporting........I think with the share price fall of PMO, PMO will be asking 88E to pump up the reporting......loads of news please....... PMO need some good news to halt their share price fall.

[ken chung] 06/3/2020 08:34

Investor, why aren't you short? Don't you know how to trade properly?This is heading below 0.6p.

[zoro9791] 06/3/2020 08:31

Wow timber

[lithological heterogeneities] 06/3/2020 08:13

and the fall continues.
its spreading throughout the markets like a virus.

[pro_s2009] 06/3/2020 04:48

When there is blood on the streets.......buy :)

SARS proved that when these things happen, jet fuel consumption crashes but everything else remains the same.......and then there is a big demand boost on the recovery - which should mean strong oil prices in Q2 and all through this year, especially with US shale growth flattening out now.

Patience........patience.........

[gooner1886] 06/3/2020 03:15

Markets being hammered again expect another bloodbath in the oil and gas chaps

[pro_s2009] 06/3/2020 01:30

There are 8 targets........main targets are at the bottom, secondary low CoS targets above.

Expect news on targets 1 and 2 say week of Monday 16th March

The remaining 6......well, lets wait and see when we get news on the first two.

[snowyflake] 05/3/2020 16:03

I am interested in PANR. This may have been asked and answered but when is the Charlie target depth be estimated to be reached?

[rossowheels] 05/3/2020 15:45

Usual pattern prior to news.

[mynameiskhan] 05/3/2020 15:40

Due to American market are down. May be some are derisking before indigo result

[lithological heterogeneities] 05/3/2020 15:39

Unbelievable how this keeps going down.

[viku111] 05/3/2020 15:23

Price seems to be tanking again

[pro_s2009] 05/3/2020 11:42

Interesting, was only expecting 1m at the most. If its 1.5m that would be significant.

OPEC ministers have agreed to reduce oil production by 1.5mbpd - Sources

[lithological heterogeneities] 05/3/2020 10:41

Big news at Angus Energy (ANGS) this morning.
Was 38p,fell to 0.55p, now 1.2p.
Re-rating underway on todays news and ahead of likely Balcombe approval on 24 Mar 20.