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Older - We definitely miss his expertise, but was it a mistake focusing on the hrz?
11.44
You're not really free though are you, you have a clear addiction to this board, which is very sad to see.
I wonder if you'll regret spending so much time writing on here when you are on your death bed, which might not be that far away old boy.
Some people spend retirement playing golf, holidays, valuable family time etc. You spend yours doing this... Very sad to see indeed.
Neversatisfied 10:52
A fundamental shift occurred with the sad passing of Paul Basinski, the company has never recovered its compass
Yes I do enjoy a life of freedom
Thanks OW
Older seeing as we are being guided by your fellow expert team im sure itll all be done to the tee. Dont worry your little head so much with a share your not invested in. So much concern from non invested people awww isnt that cute!
My word Older you are busy on a BB for a share you don't even own. Your post count is exponential as we get nearer the first result, almost frantic. You must lead a good life to be able to use so much of your time posting on a share you are not invested in. I used to find your posts quite interesting, especially when you held and you were so positive with your analysis. Now over the top negative. You must have lost a lot of money here and now a very bitter person. Either that or you are trying whole heartedly to save people from a financial abyss.. in your opinion. Surely with your holdings in Panr you'd be best concentrating on that one. A good result on this flow test will benefit both 88e & Panr and vice versa if poor, so let's hopefully all make some good money and see this flowing for the good of all. GLA!!
Gemstar 10:14
The flow rate is dependent on the reservoir deliverability, and the size and efficiency of the fracture and drawdown D P. PANR used 11000 barrels of slick water and 400000 lbs of frack sand in the Alkaid 2 SMDB vertical flow test. They achieve 50% frack efficiency , 88e will need to report these to know how good the reported flow rate actually is, currently they have not given the frack plan inputs of slick water or sand
Musk 10:01
You have gotten it wrong, as the price goes up, which it is, the amount of shares issued to pay off debt reduces, and then there is only quarterly repayment, so not such a problem as the shorts paint it as.
Only becomes a drain if the share price goes too low, but with every thing falling into place and a vast discovered, flow tested resource, progressing into production, I see only unicorns and rainbows
Thanks Taximan
The SP is surprisingly low as we are so close to results going on past history account for delays good luck all let's hope this times the big one.
I think the general consensus is 100 on the vertical would be acceptable gemstar as the horizontal will multiply it 6-12 times making it commercial.
Thanks Musk, I have about 2.5m so not a big investment compared to some here but money I could do with. But if the worst happens I can live without it.
Produced 50 to 140bpd of combined oil and NGLs/condensate"
Would that be considered a good result here?
Taximan i dont think well get too much of a bounce before news. 0.3’s at best but if the results are good in my opinion your 1p will be reached in no time 👍🏼👌🏼
Banditputin just 4/5days ago
banditputin1
Posted in: 88E
Posts: 169
Price: 0.325
No Opinion
RE: History repet itself14 Mar 2024 15:18
POW! Hold on to your hats boysies.....blast off
banditputin1
Posted in: 88E
Posts: 169
Price: 0.305
No Opinion
RE: This one goes out to the one I love14 Mar 2024 14:41
Wow, some nice buys. Looks like 88e has lift off! Next stop 0.4......
Jump in whilst you still can
😂😂😂 not to be trusted
Long term holder but my last buy was at 0.24 so my average now 0.69p.
Still hoping for that bounce before news but happy to get 1p after.
As you dilute more and more to cover that debt you will see your sp get lower and lower older. That small amount doesnt even cover 10% of the debt so still a long way to go for you guys. Sure you know that since your so clued up. Hence why your so overly eager to pull people over to panr!
Shareguru 09:28
Don't be too envious now, PANRs ability to pay off US2,744,000 of debt by issuing 8.8m shares is not to be sniffed at.
How much debt would 88e service for the same number, I make it US $36,080 at yesterdays price, before todays dip
That must be a huge relief for you BB2.
No leaks from your squeaky bum!! 😂
I cant believe this has been dropping like a lead balloon each day after the initial rise, but ive bottom drawered these since before the icewine days so it makes no difference to me. Maybe time to double up a second time to reduce average again as i was kicking myself the other day that i hadnt bought more earlier. So this is actually a chance to top up on the cheap, however i am in two minds about whether to put in more or just let it sit and leave it to fate.
GLA
09.14 Solid shift so far Oldershizer. Keep up the good work.
You'll be granted access to Scot's twitter page in no time with this work rate.
Enjoy the impending PANR share dilution it'll be doing to pay off some debt.
"produced 50 to 140bpd of combined oil and NGLs/condensate"
Would that be considered a good result here?
Big bear2
Flow testing has to go from the bottom up, it is impractical to go back down well after it has been plugged.
So the upper SFS goes first, followed by the shallower SMDB
At the up dip Talitha well, which is the closest to Hickory at 9.3 miles away, in the SMDB PANR got no established flow, as they had some form of blockage.
Considerably further North in the Alkaid 2 location, the SMDB had a successful vertical flow test, which while restricted on flow produced 50 to 140bpd of combined oil and NGLs/condensate, again well up dip, where the reservoir is less compacted by burial depth
Big bear i agree, if your in now you should be in for the results. The drop in sp now is not ideal but if you are here for the results it doesnt matter. The drop is due to all the people that dont want to take any risk so they are out before the results. If results are positive the very same people will all be piling back in. Results day will be d day and everything depends on that!
I know we are all waiting on the Flow test result but I would have preferred a release to confirm that all pre tests were successful and that the Flow test had started. The longer we wait for the result the lower this is going to drop, and leave us in doubt about the outcome.
Still hoping for a success.