Member Info for BigBear2

Results from the Hickory-1 drilling and logging program were positive, with oil shows and net log pay calculated across all primary and secondary reservoirs. A new Upper Slope Fan System (Upper SFS) reservoir was also identified which has not been previously tested by any wells on the Project Pheonix acreage nor the adjacent Pantheon Resources acreage to the north. The Upper SFS had the best oil shows across all reservoirs intersected in the Hickory-1 well and recently completed mapping of the Upper SFS demonstrated a reservoir zone that is more laterally extensive than previously considered.

The 1st zone to be tested has the strongest oil shows seen on any 88e well….

Bodes very well for opening up a new reservoir that is over 4 miles long…..

This is all about PANR and 88e collaborating to validate their adjacent acerage and getting an optimal flow rate in preparation for a horizontal later.

They have already hit this is confirmed as a discovery

88e have confirmed a discovery in same zone as PANR…which flowed commercially, but not optimally

This is why PANR and 88e are sharing data

This will,flow, and PANR are sharing learning so that they can also optimise their acreage

The. Reason why day traders are being able to make hay is large orders in background being worked, once these are done hand break off

Plus factor in bonds at PANR (always a headwind) 88e will move unimpeded by debt

My gut says the mkt will price 88e similar to PANR in success case of flow test but sentiment especially off back of HE1 may drive it higher, so imho anywhere from 1-2p if both flow tests are commercial

I am

Expecting a warm up rns stating all going well etc

Definative news by end of next week I think

I think .40 will go at some point today, absolute madness being out imho

Getting locked out, paying more to get back in…

88e……fully funded for this flow test

TRP….will require substantial funding to drill their well in summer.

This is fully funded and happening right now, great chance to treble your money or more on already discovered oil

Drill not paid for yet so raise coming there, assuming Asher does not delay again

We followed their rise….news should be next week

Should kick in tomorrow big time….

Yup and pantheon will share their insights to yield optimal flow rates…..

Lock and load big rises coming

Then we should be onto the next leg.

.33 on bid, moving up, .35 on ask

Should move now….lot caught waiting with pants down ..herd starting to pile in.