88 Energy Share Discussion Threads

[nigoil] 15/4/2024 19:15

Forget the placing chat, it ain't gonna happen!

I heard it on the grapevine!........;-)

88e are now sitting on massive amounts of oil and it's only a matter of months when we find out exactly how much, meanwhile the big boys will be circling!

Expect the unexpected!

88e is the kiddy!

Strong Buy

Simples!........;-)

[petersmith6] 15/4/2024 18:05

And if what is happening in escalates the price of oil will fly past $100 dollars and In a 'large disruption' scenario - comparable to the Arab oil embargo in 1973 - the global oil supply would shrink by 6 million to 8 million barrels per day," the World Bank said. "That would drive prices up by 56% to 75% initially - to between $140 and $157 .So our first little well could make us money

[herecomesthesun] 15/4/2024 17:59

CRIKEY

"I would use the current well as a cash cow.. not much, but income is income while they assess a second well."


88e have ANNOUNCED they are currently conducting a P&A on this well


P&A = PLUG and ABANDON = ALL SEALED UP WITH CONCRETE AND FINISHED WITH


Hickory 1 is DEAD


THE END


bwahahahahahahahaha :)


PS

you shouldn't listen to that pumper Nigoil, she is bad for your wealth... SIMPLES!!!

[petersmith6] 15/4/2024 17:24

I would use the current well as a cash cow.. not much, but incom is income while they assess a second well.

[andyalbi71] 15/4/2024 16:58

Have you seen how much it actually costs to do a single well here .... It's eye watering.... And let's be factual .... This is the first well they have actually got to work ... albeit at a dribble compared to say .. PANR , what's to say the next won't be a duster like the previous... and the one before that! There is no guarantee the next will produce ... but I can guarantee at least one more placing before they do

[andyalbi71] 15/4/2024 16:18

They said 50bpod .... Correct me if wrong .. there's only 1 well ... and those wells are chuffing expensive... and can Only do one a year because ice road has to be built every year .. and they have to be off quick smart... 88e being as they are will do a placing at least once a year .,. Have you seen just how many shares are already in issue .... They would need something amazing to happen ... compare that with block energy ... already making profit ... p3 is worth $1.68bn ... carbon capture is $9bn ... their market cap is only £8m at the moment.... Only 725m shares in issue ... once the jv is announced it will go nuts , and anytime soon

[petersmith6] 15/4/2024 15:25

So with a little more works or another hole the income doubles...triples

[master rsi] 15/4/2024 14:45

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 14:39

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 10:56

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 10:38

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 10:33

When is this going to blow

[purple11] 15/4/2024 10:26

NUTTER


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

[nigoil] 15/4/2024 10:21

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 10:17

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 09:30

"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 08:57

neutral on the asx so I think oversold?

[purple11] 15/4/2024 08:47

from my 0.6 BUY quite well actually!

loser!

[nigoil] 15/4/2024 08:39

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 08:22

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 08:06

ignore the likes of nigoil

theyre just adfvn nutters

wont make a dime

[herecomesthesun] 15/4/2024 07:48

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