Share Name Share Symbol Market Type Share ISIN Share Description
88 Energy Limited LSE:88E London Ordinary Share AU00000088E2 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.075 5.17% 1.525 2,060,549 08:00:00
Bid Price Offer Price High Price Low Price Open Price
1.50 1.55 1.525 1.525 1.525
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.02 -19.41 220
Last Trade Time Trade Type Trade Size Trade Price Currency
08:02:48 O 162,778 1.53 GBX

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88 Energy Daily Update: 88 Energy Limited is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker 88E. The last closing price for 88 Energy was 1.45p.
88 Energy Limited has a 4 week average price of 1.43p and a 12 week average price of 1.43p.
The 1 year high share price is 4.68p while the 1 year low share price is currently 0.31p.
There are currently 14,400,403,996 shares in issue and the average daily traded volume is 12,781,962 shares. The market capitalisation of 88 Energy Limited is £208,805,857.94.
rossowheels: Many don't look at it that way and simply focus on the share price
apfindley: So. you filtered me because you didn't want to read that I said the operational news was already factored into the huge rise over the past year. You will listen to the idiot in the few posts below who was still talking of daft prices like 4.8p...yet the share price has done exactly what it shouldve, its retracted heavily downwards because it was hugely overinflated.I hope your ignorance doesn't ruin the rest of your investments....or those of anyone stupid enough to follow you.
wolansm: How do you know everyone is bailing, more likely shares just changing hands, or else the price would not just go down it would bomb..... you should really short this if if you have any conviction all your doing is trying to spread alarm and knock the share down so that your sugar daddy can get in cheaper..... filtered
zxie: CEG results Imminent . Maybe like 88e Multiple bags
tutthetrader: https://www2.asx.com.au/markets/company/88e
shanew48: "REMINDER $COP looking to resolve Willow Lawsuit this coming Monday The Construction of Infrastructure at Willow will greatly enhance exploration in the region & grant the ability to produce oil in the NPR-A region of Alaska. This is a very important catalyst to follow." https://twitter.com/HarisRad88/status/1413579269876355078 $eeenf @88EnergyLtd "@conocophillips lawsuit: Sovereign Inupiat for a Living Artic et al v. Bureau of Land Management et al Members of the public may listen to the oral argument hearing on 7/12/2021 at 10:00am by dialing 888-808-6929 (use access code 8223146#, press #)" https://twitter.com/Thoughts_NJ/status/1412807403632988166 So Sunday night UK time should see a decision which should have a knock on effect for the share price when the share trades on the ASX Sunday night!
shanew48: The future is Bright! "Here is the case for 88E: -Oil exploration company based in Australia -Multi-Listed stock on ASX, LSE, Frankfurt and OTC-Pink -440,000 net acres on the Alaskan Central North Slope and NPR-A -Net Mean Prospective (NMP) >3.4Bils bbl oil, 1.0 TCF gas -Four (4) Prospective Projects (Peregrine, Icewine, Yukon, Umiat) - $23MILS less Q2 NWC in Cash, $0.0 Debt, 100% WI in properties, less Icewine (75%) -Known/shared horizons with COP Willow (Peregrine) and Talitha-Pantheon (Icewine) discoveries -Direct land access to TAPS (Icewine) -Merlin-1 (Peregrine) confirmed HC at multiple zones -COP Willow v. Alaska Native verdict in 9th Circuit (July) -All management with 30yrs industry experience -Management stock options $0.050-0.055 expire in Oct-2021 -Director and New CFO have unique M&A experience (E&P) -DCF Valuation Model most Probable PT: $0.07-0.30 (Median: $0.18) -Tight consolidation, good support at $0.030, $0.025-0.030 loading" hxxps://stocktwits.com/STINKPOTFEVER/message/352196949 Special Analysis "[For New or Returning Investors] In April, this stock ran up to $0.09 on the premise that perhaps Merlin-1 would yield an oil discovery on 50% WI in the middle of a pandemic with a Democratic government in-place and Oil at $59/bbl. What has happened since then? The Company has secured 100% WI in the associated project, Crude Oil has sky-rocketed to $72/bbl, the Biden Administration has confirmed/supported the viability of NPRA leases, 88E has cleared its balance sheet of all debt obligations, added $3.0Mils in cash, and confirmed definitively light crude in multiple samples from Merlin-1. The former director has doubled down on stock and 150Mils RSO issued at $0.050-0.055 strike. Honestly-if that does not get you excited as an investor in this Company, I am not sure what will at this stage in their development. Beyond that-there are significantly more catalysts, including Company plans for the 2021/22 drilling season, and possible partnerships or even M&A/acquisition." hxxps://stocktwits.com/BinaryLogic/message/352197294 The above posters seems very well informed and respected.
luckyswimmer3: Stevebrr and neversatisfied, I think the confusion is that it has been pointed out that Talitha well is drilling just north of 88e central acreage position and as the Talitha well is already being flared there is an increased likelihood that light oil will flow during the current test of the Kuparuk formation. This will mean that 88e will benefit as for sure some of the 5 formations at Talitha will extend under the 88e central acreage position. This is clearly fortuitous for 88e and possibly explains why the share price of 88e hasn't collapsed. The merlin drill was nowhere near this acreage and so is unlikely to have any connection.
stevebrrr: This is an interesting post from Njw31 over on LSE today at 13:04 which I think relates to PANR RNS from 6 April. He confuses the PANR Talitha location with the Merlin drill as it is actually located next to 88E Icewine project but success at TalItha could well read over to Icewine itself:- Pantheon resources PANR released an announcement this morning and it was very good, their acreage runs in to ours 88E and PANR have both confirmed this if they test well then it stands to reason if we are drilling the same formations and their wireline shows this to be true and it does flow 88E may declare a discovery based on this fact, if it all checks out, this oil field is absolutely massive!! It would stretch from Merlin over to Harrier and over to PANR's ground it may even be connected it to the Unimat next door which is owned by 88E, this could be the next Prudo Bay
lobo: 88E is generating world-wide enthusiasm, so with good results the share price could do very well. Surge in current price suggest that peeps want to be in before the OTC crowd wades in. Imo, the COS has doubled with today's announcement, so interesting times ahead.
88 Energy share price data is direct from the London Stock Exchange
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