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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
  -0.035 -2.4% 1.425 12,485,516 10:20:23
Bid Price Offer Price High Price Low Price Open Price
1.35 1.50 1.45 1.425 1.425
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.02 -19.41 179
Last Trade Time Trade Type Trade Size Trade Price Currency
15:09:30 O 20,559 1.43 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 1.46p.
88 Energy Limited has a 4 week average price of 0.98p and a 12 week average price of 0.46p.
The 1 year high share price is 4.68p while the 1 year low share price is currently 0.25p.
There are currently 12,566,090,431 shares in issue and the average daily traded volume is 63,384,834 shares. The market capitalisation of 88 Energy Limited is £179,066,788.64.
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
a2584728: This is why the share price has bounced from the initial RNS
octopus100: Aim listed companies can say what ever they want regulation doesn't prevent it. I was involved in a company called Gulf Key Stone few years back. Apparently they had found one of the biggest oil finds in the world in Khazakhstan after years of ups and downs in the share price on news - the field was properly evaluated and the true amount was a lot less - hence investors who bought in higher up got smashed. Well done if you got in early on hear but I suspect we'll be back at .44 until Jan next year when the season gets warmer and they can try again hence raising the price. If you get in at .44 check they have enough cash to get to another exploration attempt at next year watch the rise and enjoy the journey don't wait for the destination.
petersmith6: Or drop the share price .. shake the weak out the walk the price up by 50 % to trap more.
rabito79: It's inexperienced PI's that have drive the price up. The share price had went well beyond any sensible valuation based on fundamentals.
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.
forwood: zeus19 - because 88E has been using PANR's find to justify its prospects here. There may be some jealousy involved but the PANR shareholders are a very knowledgeable bunch and know that if their share price appreciated by 200%, it would still give fundamental value to the shareholders. All you have here is a vapourware and at worst a pump and dump operation. The find hasn't even been confirmed yet. Good luck to you I say but don't expect others to keep silent about a very real opportunity for a company that operates in the same area (PANR are near neighbours to 88E) that has already found oil!
chesty1: RNS Number : 2928S 88 Energy Limited 15 March 2021 88 Energy Limited ("88 Energy" or the "Company") Movement in Share Price 88 Energy Ltd (AIM/ASX:88E) notes the recent rise in the Company's share price and the Board confirms that it is not aware of any specific reason for this increase. As announced on 11 March 2021, the Company recently commenced drilling of the Merlin-1 exploration well in the NPR-A region of the North Slope of Alaska. Drilling operations are proceeding according to plan with the well currently drilling ahead at 1,340 feet. Media and Investor Relations:
jungmana: The facts and numbers speak for themselves. If 88e is at 1p share price value then panr must be at 120p ( but sitting at 37p right now) . But hype and herd mentality can do wonders.Good luck punters
88 Energy share price data is direct from the London Stock Exchange
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