88 Energy Share Discussion Threads

[smackeraim] 22/2/2024 09:26

Blue again.,

[talais] 22/2/2024 08:34

At Project Leonis we will be watching out for:Maiden prospective resource estimate (H1 2024).Farm out progress (2024) - 88E's plan is to farm out the project ahead of a drill program in either 2025 or 2026.88E's onshore Namibian asset - next in lineIn November last year, 88E announced a farm-in deal for ~18,500km2 of onshore acreage in Namibia, Africa.The deal, once completed, will see 88E farm-in a 45% stake in the project.We wrote about 88E's Namibian acquisition in a previous note here: 88E heading to Africa on frontier oil hunt - following Shell and Totals 11 billion barrel lead.We like 88E's Namibian project because:Huge ground position - ~70x the size of 88E's Project Phoenix in the North Slope of Alaska, USA. The project is large enough to host a large resource base.Namibia's fast developing oil and gas industry - recent giant discoveries offshore by TotalEnergies and Shell have put Namibia on the map. Namibia being touted as the next Guyana where US supermajors Exxon and Hess are making discovery after discovery.Next Investors ImageNamibian onshore peer re-rated by over 40x - ReconAfrica drilled its first well at its onshore Namibian project back in 2021. Between 2020 and 2021 Recon's share price went from CAD$0.30 to CAD$12.50+.

[talais] 22/2/2024 08:27

Good read https://nextinvestors.com/articles/88e-found-oil-does-it-flow-we-will-soon-find-out/

[petersmith6] 22/2/2024 08:14

Very good opportunity with the advantage of land drilling.

[cashandcard] 22/2/2024 07:41

Interesting RNS indeed.Not sure how good the onshore prospects in Namibia are. If it's anything like offshore Orange basin, this could be a very good move.Heavily invested in Sintana Energy (TSX) who have recently partaken in Mopane X1, which has turned out to be a major oil discovery, upper and lower Cretaceous reservoirs. JV (GALP, Custos/Sintana, Namcor) estimated mean oil in place for the Mopane structure 10billion barrels of oil in place. Mopane X2, the appraisal is being drilled right now.See the projects page of Private SA operator Rhino resources to get an idea.This is elephant hunting territory for sure.Cash

[smackeraim] 21/2/2024 22:30

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02775669-6A1194925

[lobo] 21/2/2024 16:43

Long auction, sorting out 1.2bn shares changing hands.

[tomavery19] 21/2/2024 16:39

Just see a 3m buy over 0.365 after close

[tomavery19] 21/2/2024 16:38

I couldnt get a quote either

[zen12] 21/2/2024 16:36

Could buy no problem.

[beatme1] 21/2/2024 16:30

Nt to buy into close

[beatme1] 21/2/2024 16:11

1.23bn volume is a record

[beatme1] 21/2/2024 16:10

Trend is up

[beatme1] 21/2/2024 16:10

Let the trend be your friend

[beatme1] 21/2/2024 16:10

Took advantage and bought 2m more why not

[smackeraim] 21/2/2024 16:08

Wouldn't worry. Mini dips are healthy in the grand scheme. Let's others on sidelines in.. all to play for still..

[wayneos75] 21/2/2024 16:05

Did another cheeky top up at .3425

[talais] 21/2/2024 15:58

.39 finish

[beatme1] 21/2/2024 15:55

More clowns seling

[beatme1] 21/2/2024 15:48

The traders all selling what idiots

[beatme1] 21/2/2024 15:48

Best to buy what you can this is rising more tomorrow

[bmwman3] 21/2/2024 15:34

Top up time

[talais] 21/2/2024 15:27

Mms gone fishing