88 Energy Share Discussion Threads

[buffskins] 02/4/2021 08:19

oilsgold - are you short 88e then?

[1ultimate] 02/4/2021 06:34

This looks way over valued. Let’s see who finds the most oil if any, this or PANR.

My bet is on PANR GLA

[911999] 02/4/2021 04:05

88 Energy noted that a mandatory test of the well's blowout preventer would precede the wireline logging and once underway the programme is expected to take five to seven days to complete.Subject to the wireline results, the company intends to complete the well for a flow test which would yield further data to indicate potential production volumes.

[911999] 02/4/2021 04:00

Consultant ERC Equipoise, in January 2020, estimated some 645mln barrels of 'mean' prospective resources for the Merlin feature. At that time, ERC pencilled a low-case estimate of 41mln barrels and a 'high-case' estimate amassed some 1.46bn barrels.ERC's 'best' estimate was of 270mln barrels and it estimated the geological chance of success at 37% (which is a comparatively high marker for greenfield exploration projects).Evidently, these numbers would represent a potentially transformational breakthrough for the company even if a lot more de-risking would still be required.Given the high level of speculative interest in the share and the possibility of a binary outcome, its perhaps obvious that 88 Energy will continue to be a closely watched stock in the coming days and weeks.

[ih_151333] 01/4/2021 23:26

Oilisgold, which is it with you. You say it a duster then it’s good news?

[rwatson2] 01/4/2021 22:43

Lol mate, personally think the 'leak' was when the drilling operator (ELKO) were in and subscribed 360M shares

[ahhh luke warm] 01/4/2021 22:36

The leak's in his trousers - been running down his leg for about as long as oil's been discovered. If only he could stop it - would be life changing you see...

[rwatson2] 01/4/2021 21:18

How will we know Sunday night? ASX market?

[ahhh luke warm] 01/4/2021 20:23

For one, I am glad they are not drilling in your head OllyGold - for we can all agree, it would be one hell of a duster!

[wolansm] 01/4/2021 19:08

Well I've pulled all but 1k out, and hold x,xxx,xxx shares the first number isn't 1 or 9, basically a free ride, the cash was converted to high divi shares which by next month pay out well. My reasons are 88e have been at 4p once then I think 2p once and in between once or twice, I think they actually might do it this time if they don't then i have a plan. Belt and braces let's hope anyone holding the baby wins

[lobo] 01/4/2021 17:31

A very honest post. :)

Happy Easter All.

[lobo] 01/4/2021 16:45

oilisgold

Your work is done.

Hoping not too many peeps fell for the lies.