Member Info for Blackadder2708

Seahawk
Same reason you do on the other site :-D

But that aside
This is brilliant news GLA

Thanks Moda

Someone else on BB yah!

All quite on the western front :-D

https://wcsecure.weblink.com.au/pdf/88E/02510754.pdf

.88p Europe
.88p uk
.88p Aus
.84p USA

Interesting :-/

USA and Europe up 7%

"88 Energy is in a solid financial position, with zero debt and a healthy cash balance that is expected to be further strengthened with projected cash flows from Project Longhorn's Texas production assets."

Should be good going forward. Basement Sp for some good value

Yes good luck Ddraig & co

Well done Gilbert

https://clients3.weblink.com.au/pdf/88E/02508470.pdf

Already on twitter

0.83p eur
0.81p USA
0.80p uk
0.87p Aus

The cementing was done by Baker Hughes under the instruction of Baker Hughes personnel. Everyone on site (incuding me )must have liability insurance worth millions. Think this is one of those liabilities

I think the schedule was too stretched (even the management
was saying never done before)
I loved the word by Jay ‘simultaneously’ in his accent
Made me smile anyway

But certainly the cementing issue had a knock on effect
with the schedule of equipment or lack off.

That said you was happy clapping with the findings
earlier before some of the delays so what’s changed
apart from delays . Nothings been abandoned

It’s all to play for …..

I don’t really know what all the fuss is about
Panr obviously did a schedule that was huge
(think they said so in the last webinar)

In the webinar it sounded too much for one season
and it turned out that way. Lack of equipment, weather
and operational issues. Which happens in
a standard schedule
This was a success but somethings are being carried over
to next year with cash in the bank
Obviously the schedule was plan for an exit/retirement this year and still may happen with information they have.
(Obviously after summer schedule)
Bit less money so what.

Should be celebrating .. maybe check share price in august:)

11:28 I agree but was wondering how?
Financially they Can’t do another cash raise. Think the appetite of investors are a wee bit tired of it .
(Just voicing my true thoughts)

Gilbert seems plugged in so he must look elsewhere.
Any ideas?
(No debts that’s great and revenue from Texas soon)

Will be interesting to see if any legal
issues materialise around 88e claims and the strange
selling patterns by the larger share holders .

Also will be very interesting to see what Gilbert comes back with over the next week or so. He must’ve surely had a Plan B,
so could be a good buy in the big dip.

11:44 yes I did write that then I saw below and changed my mind. :-))

We look forward to results from the pending wireline program, which is set to be conducted over the next 7 to 10 days. Following @@@completion of this program@@@ we hope to be able to confirm the presence of mobile hydrocarbons, and a discovery, at Merlin-2.”

Schlumberger supply rental equipment to anyone
I know because I sit in meetings with them a lot.
Will generally sit with 3 suppliers normally
Schlumberger, Baker Hughes and Halliburton
(cost is normally the factor but offshore it’s weight and size)
Some equipment like the logging and cementer , they will supply personnel with it.
High premium because they are the best which makes this
interesting

Your statement
1) I do not believe Schlumberger have gone all the way to darkest coldest Alaska just to make up the numbers.

Sorry to disappoint but that’s what Schlumberger do.
I would love to find more in it but they are the best along with
Baker Hughes (and neighbours using them).
88e messed up last year , so this year they must pay premium to get the results,
but yes, why bother if they aren’t expecting it to be positive.

The results would look good to a buyer along with financial report weirdly issued last week. :-)

GLA

Hoping Schlumbergers magic wagon shows the
results we have been waiting for ….:-))))))