Member Info for Brombarb

17:05
still learning :-)

16:44
UT trade will set the bar for tomorrows +-% calculation but unsure if it can be used as any accurate indicator of momentum, probably better to look at OTC market to see how the USA is seeing it after hours here.

Learning curve for me here today.
As for the hedge.
The company has recognised the situation and taken appropriate action;
"As a precautionary measure, the Company has worked with its hedge provider to roll a portion of the Q3 2022 hedge into Q1 and Q2 of 2023. This has allowed the Company to take advantage of the very high forward gas prices and contango to lock a higher average forward sale price at no up-front cost to the Company."
It now needs to complete commissioning and begin production, whether the delay is due to unforeseen issues with computer systems or complete incompetence all the hot air on here will make no difference.
Getting angry and obnoxious does little, best not to give those with obvious agendas whether pro or anti too much oxygen.

15:51 Not sure if Hilcorps mission is to develop new fields.
"Hilcorp is a leader in taking on legacy oil and gas assets across the United States and reinvigorating production with innovation and integrity. We thrive on efficiency and create value through energy production, reduction of emissions, and a positive impact on the communities where we work."
Probably have enough with Prudhoe Bay.

14:52
London Stock Exchange Buy /Sell algorithm very simple, for those who bought at " mid price" then trade will be declared "unknown" .
I suppose one could query why the mid price is not updated to reflect trading but... :-)

""The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’. "

12:45 thanks, does seem to be an excess of hair pulling and nose tweaking going on :-)

12:24 been told this might be a place to chuck a few quid on expected news.
Thanks for asking some good questions and getting a few answers also based on your posting history.
If I do invest the filter button will be very busy.

Expected to see Ashley Gilbert :-)

If all is to be believed and only time will tell if commercially viable I wonder if the many leases tracts adjacent and near the working units will be the subject of multiple bidding at the next proposed North Slope Lease Sale H2 2022.
GBP did commission 3D on the East side of the Dalton some of which becomes publicly available in 2024 so could be seen as worth a punt or just FOMO.
Not suggesting that 88E will or could be in a position to bid.

https://dog.dnr.alaska.gov/Documents/Programs/NorthSlopeTaxCreditSeismicData.pdf

https://dog.dnr.alaska.gov/Document/Download/69950C5416C04580A9E7BB5E377700AA/2022-06-22_North%20Slope%20Notification%20Lessee%20Map.pdf

13:29
Not sure what their problem is really loads of investors here must have also invested over there, perhaps the old GBP guys have never forgiven Paul Basinski for bidding against them in 2012W leases sale :-)
If people see no value here that's fine, we can all see that strategy has resembled Ferrari's more than Red Bull's on occasions but it is our choice I believe as where we put our ackers.

13:05
Alien investor?
https://www.youtube.com/watch?v=3YTIMGmZUr4&ab_channel=Movieclips
:-)

17:16
Past performance is no guarantee of future performance, some here will tell you that it is but always a risk hence why some fear to tread.

14:39
The company needs to get the Icewine East resources update based on the SAE 3D completed asap, both to validate/confirm statements made in recent ANNs and to also further any Farm Out negotiations.
Success at our neighbours may well give us a boost but I think the market needs more to sustain any increase in SP.

my post Sunday 11:30 is factually incorrect.
PANR were not intending to penetrate HRZ during Alkaid-2.
Not sure why I thought that but hope seen as genuine error, sure I had seen an article talking about cores.
BOPD explanation seems very feasible.

13:54 All we knows is what PANR have stated;
" Under instruction from the Alaska Oil and Gas Conservation Commission (AOGCC), drilling was stopped at 8,584 ft, despite not having reached the bottom of the Alkaid Deep section, to allow a sufficient margin to avoid contact with the high pressure HRZ zone and possible fault."
PANR had modern 3D plus their own historic well data and had originally planned to penetrate the HRZ so what did AOGCC see that PANR did not? "Under instruction" sounds like PANR did not totally agree.
AOGCC .just being ultra cautious ? Or could it be data from current drill?
But in any case HRZ was not a primary objective of the drill and will have little or no impact on the main mission, so why take any unnecessary risks that might compromise the production test as you say.
As for 88E unsure if we will target HRZ next drill.

10:37
AOGCC would have full access to all well data I am sure, at the moment only well data for Icewine-1 is publicly available so it could be AOGCC based their decision on Icewine-2 but I am guessing.

01:28

88 Energy Ltd
EEENF:OTCQB
RT Quote | Exchange | USD
Last | 07/29/22 EDT
0.0085 +0.0007 (+8.97%)
Volume 55,302,370
https://www.cnbc.com/quotes/EEENF?qsearchterm=

19:09
Can't mitigate for an early winter thaw, since then Highways have done a lot of work in respect of the Dalton but Alaska will never be easy .
https://alaskapublic.org/2020/02/03/on-a-warming-north-slope-a-spring-flood-did-10-million-in-damage-to-the-trans-alaska-pipeline/

Not the most well known or fashionable but one hell of a musician
https://www.youtube.com/watch?v=xos5c4GQyHA&ab_channel=THEAXEFV

But most importantly could an investor here make a good return on their money if they buy at the right time and most importantly sell at the correct time. History say yes.
number of shares, market capital, ex directors and previous wells will mean very little.
Doubt that the rollercoaster here has finished and good news next door ( successful flow test / production) will do us no harm, plus any firm plans for a 2023 drill.
Just my view and not intent as investment advice.
:-)

positive news it seems at our neighbours, interesting that AOGCC stopped them drilling deeper into the HRZ (possible fault).