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Showing 13% up today back to last top up price , 8.7% spread .
Might of dropped to 0,21p on 16th day after.
Looking like its going back to .22.... oh well it was fun for 1 hour or so... back to you lot to argue with each other.
About as serious as you using the same information but with a different agenda Ssccss.
I am happy with my assessment, my holding, and also glad that Dave Wall is no longer with the company, but you can quote him all day long ;)
RNS which really hammers home how poor the flow rates are. Pumpers out in force today!
I think we have seen the bottom, this should fly now. Well done for all the brave souls that bought in Wednesday! Glad I held my nerve and didn’t sell.
Posting non stop since midnight and still going with negative post naturally.
The short has gone wrong? The only problem is YOU
It’s easy. Buy 88 as the share price hasn’t caught up with Pantheon yet.
Same play only we are down dip from pantheon and should have a greater resource. Also. Theirs will run out way before 88s.. .
Either way. A solid partner will be found and money will be made. Solid Buy !!
https://www.proactiveinvestors.co.uk/companies/news/1012870/pantheon-resources-says-88-energy-s-alaska-discoveries-are-great-outcome-for-both-explorers-1012870.html
You seem to be doing the same Toffers only the other way , pot kettle ??
You can't be serious taxi, you can't extrapolate production numbers from a 30 minute test. Maybe that's the point.
Also Dave wall mentioned in the interview from years ago that they need at least 100 barrels a day for it to be commercial... So to me the result is poor. Horizontal wells are expensive. There's a reason these small companies get to buy these licences and the major companies aren't interested.
JChrist interesting thread .
Does anyone know who owns this site , I have searched but can not find any info.
Who was the genius that calculated this £20 to £40 million a year
With such low flows and a $17m drill and complete cost, it just will not happen
The only scandolous matter here in the past 4 days is you pumping this to death sharebel and drawing people in to a share in a company that has never done anything in over 8 years other than pay fat cat salaries to the Board.
my views.
Ssccss, 1.55 x 48 = 74.4bbls/d
SP building back up nicely! MM having to flip flop it back and forth to keep control- sellers who now have parted ways will not be allowed back in lower once they’ve sold. It’s a hold tight scenario pivot point is 35! Only 1 hour in. Patience pays but it’s been SCANDALOUS these past 4 days on the 2nd oil discovery RNS - AIM at its very worst but the perpetrators are being seen off by the company and now revealing further info with HIGHER nos than we thought! I’ve said all along during this short attack manipulation this week - buy when others are making you feel fake fear! 2024 is the year for 88E! IMHO DYOR
Because it's a con!
Sharebel, you said they had commercial oil, now you are trying to backtrack as you've been called out as a liar, and you are now quoting the rns, which is correct, but that says nothing of the sort that they have any commercial oil.
‘Commercialisation options' - that is not commercial oil of any nature.
Ditto
The well was cleaned-up and flowed for 84 hours in total under nitrogen lift, with ~68 hours of clean up prior to the flowing of oil to surface, with the well flowing oil over ~16 hour period.
· The well produced at an average oil cut of 4% following initial oil to surface, with instantaneous rates observed during the 16-hour period varying as the well continued to clean up at managed fluid flow rate of ~170 bbls/d with a calculated total volume during the flow back period following establishment of oil cut of ~4 bbls of oil.The SMD-B test produced at a calculated peak flow rate of ~50 bopd, which was an instantaneous rate calculated during the flow back period via a measurement of observed oil cut and fluid flow rates.
Massive amount of selling going on.... openheimer cashed out and moved on...
During the established production period of 10.5 hours the well produced at an average oil flow rate of ~ 42 bopd during the natural flow back period, producing a total of ~ 19bbls of oil. Approximately 6bbls of oil was also recovered during the clean up / non-established production period.
· The USFS test produced at a peak flow rate of over ~70 bopd, which was an instantaneous rate calculated during flow back period via an oil tank volume measurement of 1.55 bbls over a 30 minute period.
If its do poop 💩 why are they planning to pump it out the ground?. Just a question if anyone can answer
Ssccss filtered for same reason
Applebee, there is no material difference. Not a positive one anyway. If anything I think the figures looks worse now.
what an absolute ******* 🔔 jog on
I still don't get it. What is the clarification? I'm not seeing material difference but it may just be my lack of knowledge.
He is crying over spilt milk