88 Energy Share Discussion Threads

[master rsi] 15/4/2024 13:45

Paying full offer 0.26p for some time now, meaning another move up should be on the way, though there is always some sells on the way

[scrutable] 15/4/2024 13:39

andyalbi71

What's, wrong with the following simplification just to get an order of magnitude:
Test flow at 70bbls/day X12 (per horizontal well) (x2) per day(x365)= 584,000 bbbls/pa @ $70/bbll = approx $40,000,000/pa Gross Revenue(less costs of production)?
That compares with current cap of £76m.......

[andyalbi71] 15/4/2024 09:56

At 50 BOPD ..... never .... Look how many shares are in issue due to placing after placing ..... its the people who got caught in the hype 18 months ago when it shot up to 4p because it literally got hyper ramped

[andyalbi71] 15/4/2024 09:38

Another disappointing result from 88e been stung by these a few times now , you can almost guarantee another placing , and at these lows ... they would have to do the worlds greatest drill for most to break even or make a profit , anyone looking to make money now , have a look at BLOE , only 725m shares in issue , currently at 1.1p , they have a farm out on project 3 with a third party confirmation gas find of £1.67bn and a carbon capture project worth £9bn.... Yet their market cap is still only £9m ..... once the p3 JV (or possible full buy out happens , this share should 20 bag minimum (they only just covers their expenses for p3..... it's a no brainer and might help some of you guys get your money back. DYOR obv, read through the lse boards. GLA

[michelle74] 15/4/2024 09:33

When is this going to blow

[purple11] 15/4/2024 09:26

NUTTER


ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ.....................................

[nigoil] 15/4/2024 09:21

purple11, how do you talk to a chump like me on a post only forum?...... :-)

"Chump", take a look in the mirror!..... LOL

PPP buying @ 2.3p, no wonder you're being rude!..... LOL

88e is the kiddy!

Strong Buy

Simples!...... :-)

[purple11] 15/4/2024 09:17

god knows why im bothering talking to a chump like you

but anyways good luck with this junk stock

PPP has the outside chance of being a 10 bagger

this junk will never do anything.its diluted to oblivion.
as you are finding out LOL

adios!

[nigoil] 15/4/2024 08:30

"from my 0.6 BUY quite well actually!"

"loser!"

So what happened to your 2.3p
buys?..... LOL

88e is the kiddy!

Roll on the Cpr's and farm out!

Strong Buy

Simples!...... :-)

[sos100] 15/4/2024 07:57

neutral on the asx so I think oversold?

[purple11] 15/4/2024 07:47

from my 0.6 BUY quite well actually!

loser!

[nigoil] 15/4/2024 07:39

purple1115 Apr '24 - 08:06 - 283

"ignore the likes of nigoil

theyre just adfvn nutters

wont make a dime"

Says he!........ LOL

How's PPP doing?...... LOL

Roll on the Cpr's!

Strong Buy

Simples!...... :-)

[herecomesthesun] 15/4/2024 07:22

CRIKEY

nigoil thinks its a "nice little update" LOL


personally I love that Flanagan and Allen song from The Little Dog Laughed


'bang bang bang went the rampers gun'

'dig that hole deeper and forget about the sun'

'run rabbit, run rabbit, run run RUN'



88e AND nigoil are the DADDY's of creative SPIN


bwahahahahahahahaha :)


PS

STRONG SELL

[purple11] 15/4/2024 07:06

ignore the likes of nigoil

theyre just adfvn nutters

wont make a dime

[herecomesthesun] 15/4/2024 06:48

LOL YOU THINK ?


one has to wonder WHY (IF results were so great) they didn't keep it flowing for a few more hours or until most if not all of the frac carrying fluid was recovered ?


did they run out of N2 for continuing with the 'ARTIFICIAL' lifting or did they just run out of oil


88e is the DADDY of creative SPIN


bwahahahahahahahahahaha :)


PS

STRONG SELL

[neversatisfied] 15/4/2024 06:45

You obviously do not understand the flow test.

[herecomesthesun] 15/4/2024 06:39

CRIKEY

is that it ?

"Various choke sizes used during flow back operations from 8/64ths to 33/64ths of an inch. Total fluid flow rates (inclusive of recovery of frac fluid) averaged ~445 bbl/d over the duration of the flow back. Oil cut following establishment of production ranged from 1% to 10%. The well produced at an average oil cut of 4% following initial oil to surface, with instantaneous rates observed during the 16 hour period varying as the well continued to clean up at managed fluid flow rate of ~170 bbls/d with a calculated total volume during the flow back period following establishment of oil cut of ~4 stk bbls. No measurable gas or NGL's were recovered from the SMD-B test."


4 barrels of oil after an 84 hour flow test !!


88e is the DADDY of creative SPIN


bwahahahahahahahaha :)

[nigoil] 15/4/2024 06:20

Nice little update, don't you just love Marvin Gaye?

I wonder how the PPP share price is going?...... LOL

88e is the kiddy!

Simples!....... :-)

[oliverw31] 14/4/2024 23:02

https://announcements.asx.com.au/asxpdf/20240415/pdf/062hnsdmlg7d2s.pdf

[andrzejs1] 14/4/2024 12:47

Unfortunately market will react upon the conflict but you are absolutely right. The conflict in middle east will restrict oil deliveries but in same time will provide an opportunity to other places in the world and if news arrive with good flow rates from Alaska region who know how it plays out for future oil supply.

[petersmith6] 14/4/2024 11:14

With the strong possibility of oil flow being constricted by the potential war in the Middle East, any new source of oil will be in great demand. So I'm expecting some strong buying

[purple11] 14/4/2024 08:01

nothing to see here and no money to be made

nobody has made a dime here

not worth the bother

move on