Member Info for Brombarb

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simple really, look at current picture, it may change but I hope everyone here invests in the stock market to make money no matter what their strategy.

YTD return 68.79%
1 year return 433.63%

https://www.londonstockexchange.com/stock/88E/88-energy-limited/company-page

good to hear from you Moda :-)

just been looking at Hot Copper, some interesting views;
https://hotcopper.com.au/asx/88e/

will be very interesting whether or not there is an operational update.

https://www.youtube.com/watch?v=avP-8i_YEO8&ab_channel=SuperSaint

:-)

13:12
1) I believe the actual drill permit is a joint AOGCC & BLM decision, as far as I am aware and based on previous links supplied a decision should be made within 41 days of permit application as to a yes or no, which suggests that a technical decision as to well itself has already been made.
2)First time I have seen that extra 10 days, think it's a kneejerk to the CBD threatened action, possibly a nod to the greens whilst BLM check their own decisions .
If permit comes through very early Feb should be time.
The Umiat 18 drill stopped on the ice until 13/04/2014 and was then stored at Umiat for the 2015 (U23A) season and COP plans in 2019 had mid Feb mobilisation so all is not lost for this year.
That's just my glass half full take on the situation.

Just remember if the anti oil and gas lobby win on Fed lands the precedents will be set and they will attack all oil & gas on state lands as well, the states will strongly defend their rights but the courts are the same whether fed, state or native lands and so far Biden's administration has paid little heed to the rights of the states & native peoples, hence so much litigation.

12:57
Going no where :-)

11:05 Very perceptive :-)

Overspend??
Were the figures quoted by DW for the well only and not inclusive of snow roads and wire logging etc. which were then bundled into the final costs, add in the delays due to Biden and it may just look a little more understandable.
I am unsure if APDC would have been prepared to contribute their share of the costs without proof of spend.
Go the Cruz construction website and just look at the cost of snow roads its eye watering.

Whilst we wait
https://www.blm.gov/sites/blm.gov/files/docs/2022-01/AK-Weekly-Tundra-Travel-Report_01212022.pdf

11:02
Trying to adopt a "glass half full"
permit to drill will hopefully have been pre vetted in anticipation, remember that 41 day time period that exists with the APD process.
Merlin-2 is ~5 miles distance from Merlin-1 but not necessarily that much further further.
Will we take a chance on rig mobilisation, I doubt but ...?

"Keefy" on the AOGCC application forms there no "appraisal" designation.
https://www.commerce.alaska.gov/web/Portals/18/pub/Forms/10-401.pdf
Although Federal & not State the AOGCC are the responsible Agency and the Merlin-2 will appear on their website once approved as well as the BLM approved APD's site.
AOGCC state US dept. of the Interior is a customer .

10:30 thanks that tells us exactly where we are in the process, looks as if updated yesterday;
Last Updated: 1/21/2022, 09:46:49 MST
Frustrating!

10:16 Do you have a link Chris?

see
https://www.blm.gov/programs/energy-and-minerals/oil-and-gas/leasing
10 day extension specifically refers to Lease NEPA documents on BLM lands, states named do not include Alaska however that does not mean BLM Arctic Field Office is not crossing the i's and dotting the t's and taking that bit longer to ensure no one can claim a rushed decision.
30 days from date of our NEPA decision was 19th January.
https://eplanning.blm.gov/public_projects/2016821/200504677/20051754/250057937/Emerald%20House%20Decision.pdf

permit application 4th Dec so initial 30 day "Federal Public Posting" period finished the 3rd January, within 11 days of that (41 days) BLM should notify if anything is stopping issue, but could be that the original PN period has been extended as the Centre for Biological Diversity have been querying the BLM's policy on public notice period in general.
see below for the 41 day link and the CBD letter to BLM.
https://www.biologicaldiversity.org/programs/public_lands/energy/dirty_energy_development/oil_and_gas/pdfs/6-Dec-2021-30-Day-APD-Comment-Letter-Center-for-Biological-Diversity.pdf
https://www.lexology.com/commentary/energy-natural-resources/usa/norton-rose-fulbright-llp/examining-blm-application-for-permit-to-drill-process

20:52
Chris permit not appeared yet in either AOGCC or BLM sites, unsure if they update at weekends.

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15:12
In AIM the final uncrossing trade (UT) sets the hurdle for the next day, as you rightly say it can have quite an impact on the shares apparent performance the next day, add the impacts of spreads and sometimes it can be difficult to know what is happening :-)

12:33 How do you know that permit is due "weekend Sunday night" ?