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EXCLUSIVE: David Lenigas answers investor questions in a detailed interview about UKOG, Doriemus, LGC Capital, AfriAg and Angus Energy.


88 Energy Share Chat (88E)



Share Price: 0.95Bid: 0.90Ask: 1.00Change: 0.00 (0.00%)No Movement on 88 Energy
Spread: 0.10Spread as %: 11.11%Open: 0.95High: 0.975Low: 0.925Yesterday’s Close: 0.95


Share Discussion for 88 Energy


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mikemike
Posts: 5,077
Off Topic
Opinion:No Opinion
Price:0.95
RE: Point
Today 14:26
OXO the second word is Off
 
Newhipster
Posts: 63
Off Topic
Opinion:No Opinion
Price:0.95
RE: What's
Today 14:25
? Artificial lift is not happening right now.
As far as I understand the well is shut and artificial lift will start in April, day by day the pressure keeps dropping and the fractures has more chance close. DW should have apply swabbing from the beggining buy he wanted to save money and time.
Investors paid the price for his incompetence. Being a financial analyst is not the same as being an exploration company director. He has made a mistake in my opinion.
His intention probabily was good but he cocked this up. Big blow.
TylorNI
Posts: 6
Observation
Opinion:Weak Buy
Price:0.95
The neurotic partner
Today 14:19
Old dog trying to learn new tricks but i have a few observations from a chartist point of view. It is now 2017Q4 (Forth quarter of 2017) and we have hit a trough. There seems to be a range from minima and maxima price and if we are to assume that the stock market is to be treated a neurotic partner then the best time to buy is now unless something outside of anyone's thinking happens. Also, be it for ill or not, Alaska is still to be tapped for fossil fuels and there is a friendly US government strategy that fits with the aims of this company.
MickeyMasters
Posts: 9,317
Off Topic
Opinion:Strong Buy
Price:0.95
RE: I called it at the time
Today 13:59
I refused to declare my holding to anyone, it's none of their business and was none of HBD's either. I'm still buying and increasing and still haven't sold a single share and don't intend to. That's my decision I'm not following anyone and was here way before they all turned up
Phrontist
Posts: 2,022
Off Topic
Opinion:No Opinion
Price:0.95
RE: What's
Today 13:51
Sorry, should address Newhipster not Jiddy.
P
Phrontist
Posts: 2,022
Answer
Opinion:Strong Buy
Price:0.95
RE: What's
Today 13:50
Jiddy

When you say only 10% chance success, do you have any criteria to base this on?

My feeling is over 90% chance success.

In fact 100% with supported lift. There is no chance of failure.

I say this because the 6 weeks soak in had a positive effect.

We are now having a 26 week soak in. Many sites have 52 week soak in. This is not new ground, it is standard practice. My guess is, future wells for the Northern Slopes production will likely have a 26 week or more shut in period. A chemical and physical process occurs following the initial proppant and water infusion under pressure. The shale is a hard material that needs time to soften it up and enable the gases and oil to flow.

I always felt that for Ice 2 to work during a single summer seemed much too quick. But I have no experience in geology and fracking, so my opinion was worth little. My opinion will be worth a little more if the opened up Ice 2 in Spring produces a healthy Flow Rate.

Yes, for me it is 100% with very good Flow Rate in Spring.

Phrontist
Newhipster
Posts: 63
Off Topic
Opinion:No Opinion
Price:0.95
Point
Today 13:47
Is remind the genuine investors about the so called gurus.We have few here. Aberdeenman was one of them.
During the years I found one or two decent person here and few naive one.
SpOiler, Guzzler1962, Stalin nice and level.
MM naive.
Mike, jiddy, Brim run this bb and rule it.
So far 95% of the investors at least 50% paper loss so it's hardly a success story.
Be aware DW is here for the money not for the kebap.
Islayman
Posts: 432
Off Topic
Opinion:No Opinion
Price:0.95
RE: From olderwiser on hotcopper
Today 13:31
I find all the speculation here today interesting but am a bit confused by it. Anyway, folks, anyone else here think that there might be some sort of RNS this week? Looking at the Q&A, DW mentions 'watch this space' (maybe that was just about his beard!) or something similar a few times and I'm kind of hoping they might have something to say re updates. Or is that just wishful thinking on my part?
jiddy123
Posts: 4,644
Off Topic
Opinion:No Opinion
Price:0.95
RE: Also
Today 13:21
What is it with individuals, who come back here time and time again with the same inane spiel?

WHAT IS THE POINT fellas!!!!!!!!!!
Stalin123
Posts: 2,027
Off Topic
Opinion:No Opinion
Price:0.95
RE: Also
Today 13:18
No he just likes xmas :-))




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