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London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England


88 Energy Share Chat (88E)



Share Price: 0.85Bid: 0.80Ask: 0.90Change: 0.00 (0.00%)No Movement on 88 Energy
Spread: 0.10Spread as %: 12.50%Open: 0.85High: 0.00Low: 0.00Yesterday’s Close: 0.85


Share Discussion for 88 Energy


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MrMartini
Posts: 333
Opinion:No Opinion
Price:0.85
RE: Contract success or damp squid?
Today 11:52
Absolutely agree Phrontist! Cannot wait...!
 
Phrontist
Posts: 2,709
Opinion:Strong Buy
Price:0.85
RE: Contract success or damp squid?
Today 11:36
Good morning Mr Martini. We have a meal hanging on this one!

My view is, there is over 4bbo under that ground.

Technology to extract it improves by the day.

It is not a question of IF, more a question of WHEN.

And WHO, and details of the DEAL.

PHRONTIST
MrMartini
Posts: 333
Opinion:No Opinion
Price:0.85
RE: Contract success or damp squid?
Today 11:14
Good morning Phrontist! It is a bank holiday, it is a waiting game and I'm optimistic that all will come good...why? Because I'm an optimist and miracles happen...have a good one. Good luck to us all investors.
Phrontist
Posts: 2,709
Opinion:Strong Buy
Price:0.85
Contract success or damp squid?
Today 10:45
Good morning Brom,It is all quiet on the 88E front today. Nice sunny day, perfect for Bank Holiday.Even the open ASX was remarkably low share dealing level.Soon be June, surely FO contract will be signed then.With such substantial conventional oil resources I would expect an open stampede to get hold of such a prize.88E will certainly be the oil story of 2019.Either for major success or damp squid.Phrontist
Brombarb
Posts: 20,040
Opinion:No Opinion
Price:0.85
ASX & Chi-X (AUD)
Today 08:14
4.7M 0.07% of all shares

ASX (close)
1.5¢ 0.00%
Volume4.398M

Chi-X(close)
1.4¢ 6.67% down
Volume253.2K
Danielson
Posts: 1,153
Opinion:No Opinion
Price:0.85
RE: Alaska News
Sun 19:18
Lots going on, Hope we don't get left behind.
Brombarb
Posts: 20,040
Opinion:No Opinion
Price:0.85
Alaska News
Sun 19:07
share_talk
Posts: 6,253
Opinion:No Opinion
Price:0.80
Weekly Oil & Gas Highlights
Sun 14:06
For the unconventional portion of Project Icewine, it noted that the formal farm-out process has been deferred into the second half of 2019 though ‘soft’ farm-out activity is presently underway with interested parties.

https://twitter.com/Share_Talk/status/1132615373617008641

https://www.share-talk.com/weekly-oil-and-gas-highlights-26th-may-2019/
Brombarb
Posts: 20,040
Opinion:No Opinion
Price:0.85
oil reserves
Sun 13:09
Bothwell
Posts: 401
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sun 10:58
My Brirthday in June. Great FO news would be a wonderful present. Spike to 10p would do for starters!
moda
Posts: 547
Opinion:No Opinion
Price:0.85
Oil trouble in mid-east
Sun 10:37
I saw this on the BBC and thought you should see it:

'Sabotaged' tanker in Gulf of Oman leaked oil - https://www.bbc.co.uk/news/science-environment-48387033
Brombarb
Posts: 20,040
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sun 09:49
Spiney, second paragraph is good point.
Brombarb
Posts: 20,040
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sun 09:46
moneyhawk are we talking the main gravel pad (27 acres), lease 392301 (1440 acres) or Franklin Bluffs, I don't know :-)
The well completion report for Icewine#1 mentioned the possibility of local faulting as the top of the HRZ was some 400' deeper than expected so could our saviour be quite close, again no idea.
Doubt Dave even if he has an idea will tell us.
Spinefx
Posts: 379
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sun 09:45
moneyhawk,

I agree, from memory the Icewine2v frac had a 500ft radius, now known as the bitumen zone.

The original plan for the horizontal was for a 3000ft side track, my thought is if that horizontal is out of play, the fairway sweetspot is over 3000ft or 1km away.

The clue I believe was alluded to by Brom, with the HRZ pressure cores being collected coincident with conventional drilling. That is taking place West, by some margin.
Brombarb
Posts: 20,040
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sun 09:34
so Jof is it "news" (anticipated or actual) or "consensus of opinion" that is the real SP driver.

in general with 88E I think it is news, however I can remember late 2017 the SP moving on no apparent news (from a low) and of course unexpected trades or even arrival of a "guru" can impact.
Nothing wrong with having a positive board though :-)
moneyhawk
Posts: 1,454
Premium Chat Member
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sun 09:14
Lemajor, the RNS does say "the Franklin Bluffs location (where both Icewine wells were drilled) is considered to be just outside the fairway." Not sure how anyone can come to a definitive view from that statement that there could be part of FB that's on the fairway or it could be reached from a side track. With the size of our acreage 'just outside' could be anything from meters to miles.
Brombarb
Posts: 20,040
Opinion:No Opinion
Price:0.85
courtesy of Lazarus HC
Sun 09:12
interesting post in reply to Kansas I believe.

https://hotcopper.com.au/threads/ann-alaska-projects-update.4776490/page-62?post_id=38748334

interesting to look at Kansas's post history, quite a change.
Learningtoinvest
Posts: 665
Opinion:No Opinion
Price:0.85
Facts
Sat 23:55
One thing we know for sure DW has made sure for his personal position that all his chickens come home to roost at 3p. I've now lowered my average considerably with recent buys so l will now be in profit with 3p not to much but enough to top slice
JofHoggit
Posts: 1,379
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sat 23:41
I agree with the first part guzz. Hence why we see so any on these boards either ramping or deramping or even both depending on the day and whether they are in or out. Those types believe their postings will have an effect.

I once found some patent info about a share I'm in and posted links etc. That afternoon the SP was up 4p or about 15%.

Lots of folks about who buy the rumour and sell on news.
LeMajor
Posts: 3,779
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sat 23:18
Moneyhawk, Icewine2 may be on the edge of the fairway, but where have you found confirmation that the whole Franklin Buffs area is outside the fairway? The Alpha field touches FB so we could exploit it as well as HRZ from there. We are well within range of a sidetrack.
Kangaroos
Posts: 88
Opinion:No Opinion
Price:0.85
Re farmout
Sat 23:17
Learning, the reason the sp isn't flying is due to the fact that DW has spun so much crap the punters don't know what to believe anymore.
Imo we will have one farmin for both con anb uncon, just can't see a T1 company taking one slice, this would explain the extension up until this new data has been released.
We are in a very good position (with the exception of or cash position ) with 4 excellent areas to work on.
The telling factor will be how much % we end up with
guzzler1962
Posts: 4,904
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sat 21:51
The mood/sentiment on forums does have an effect on the SP in my opinion.
When the herd arrives and FOMO kicks in, buying increases and the price goes up.
Just need to get out before reality kicks in.
HardToHandle
Posts: 2,712
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sat 21:23
Good post , in reality, it’s been a bit of a f**k up to date! Sort it out DW !!
MrFPrice
Posts: 37
Opinion:No Opinion
Price:0.85
RE: Farm Out
Sat 19:11
Because the general feeling on the board here back in March was that 88E had struck commercial oil with Winx

We were wrong

The mood of the board has absolutely no bearing on whether something is or isn’t going to happen, The board thought HRZ was going to be successful...twice, that DW couldn’t possibly do another CR just before Winx results, in fact I’d say the mood of the board has got it wrong on pretty much every occasion, so maybe that’s why the so isn’t budging until we see the ink dry on the FO agreement

Let’s just wait & see eh




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