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Need some clarification, urgent & quick
RE: Sixty-Day Notice of Intent to Sue Over Violations of Sections 7 and 9 of the Endangered Species Act Related to 88 Energy’s Peregrine Exploration Program
The best way to remedy these violations would be to order an immediate suspension of operations at 88 Energy’s Peregrine Exploration Program and reject the company’s application
https://www.biologicaldiversity.org/species/mammals/polar_bear/pdfs/2021-12-22-NOI-BLM-Peregrine-Exploratory-Drilling.pdf
WTF?? Last Operations Update mentions:
88 Energy notes that it is aware of media reports of correspondence to the BLM from the Center for Biological Diversity (CBD) with respect to the Permit to Drill for the Merlin-2 well. The CBD is a not-for-profit environmental activist group in the U.S..
Low to prognosis is another way of saying relative to plan. The reservoir came in shallow to expectation. This is often very good because you are much higher than the oil water contact - which means a lot more sand and reservoir and many more Bbls reserves. The potential here is all the upside on the downside.
Brombarb, yes, I get the 652 number, the RNS reports “6521,2 million barrels”
The precautionary statement clearly eludes to estimates, but I am very happy this morning with 6.521 billion barrels, the structure is after all up to 8 miles in length making this huge. Beyond belief,
Cautionary Statement: The estimated quantities of petroleum that may be potentially recovered by the application of a future development project relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration, appraisal and evaluation are required to determine the existence of a significant quantity of potentially movable hydrocarbons.
Merlin is largely derisked, the connectivity with Merlin-1, calibrated seismic & drilling best practices assign a very high technical & geological chance of success to this money maker. Permissions & rig sign offs are major events,
Answers are all at the Prussian Queen, listen in to the chat and you’ll all calm down.
you know you're gonna live thru the rain
Don't let your love turn to hate
Right now we got to
Keep the faith
Keep the faith
Keep the faith
Lord we got to keep the faith
Just got back all my losses . IGAS IGAS IGAS TO INFINITY AND BEYOND
More than that, geothermal has big future here. Wouldn’t surprise me if they get taken over. Quite cheap for a clean energy company, those green investors are just waiting to blow all that free investment cash
Been burnt out recently elsewhere, but see this as a recovery chance after reading about the geothermal work, holding tight and looking forwards to getting some losses back,
http://www.kereport.com/2021/03/11/doc-jones-research-report-on-i3-energy/