RE: 88 Energy strikes oil at depth ahead of logging23 Mar 2022 14:43
Ddraig- yes, you are right, I don’t know the drilling computers. Thankfully we have Brombarb to help with the lwd. If ******s like you also helped with finding out why the lwd hasn’t told us what’s there then maybe we could all invest happily forever after.
My sister is a lawyer and she says “potentially interested parties” means there are no interested parties. It means there were parties that the company imagined woukd be interested Pre discoveries . Need an update on this quick. https://www.lse.co.uk/rns/GBP/re-appointment-of-advisor-ex83ocdazen20zb.html
Why the feck is this falling and falling? Seen the fundamentals doing the opposite too many times now. Am I missing something? 200mil barals at $5 in place (Lowest) gives over £1 to each share, that’s a big leap.
RE: Our resident technical experts12 Mar 2022 19:41
WG818 “ As they say “you can’t argue with stupid”
Oil migrates from a mature source to a suitable reservoir rock, often bounded by impermeable (eg mature/immature kimmeridge) rocks and can travel over long distances. potential source rocks of high TOC do not need to be close, it’s not critical because of that migration thing. kitchens can be nearby or far away. =oil@brockham
Production doubles when new well is drilled, so 7mill and 7mill is 1.4Mcap each month!! I think that a bag a month or a gigantic leap in next few months.
Have to be in to win, not the green light RNS we’re looking for but we’re on the way to the races
Drove down to Lidsey this morning, nothing happening. Lots of white plastic containers with what looks like fluids, and a horrible smell from the water place outside the gates, no farmer with mad cow disease.
SFB was worth 4p a share some time ago, yes there are much more shares (Dziekuje George!!!) but gas is lots higher and SFB carries an extra windfall bonus as gas storage which is not yet priced in. This has to be more than another 4p!,
It’s credible and technically viable to see double digits here, the only argument against this is a no sale, in which case we’re looking at nearly double digits when in full production following some clever wakey wakey stimulation work.