Member Info for Brombarb

17:56
As with oil, if gas gets too expensive then the incentives to research / develop/ use green alternatives will increase.
Is that a triple edged sword? :-)

as so often LSE out of sync with London Stock Exchange, price holding well here (low volume) and in OTC.
https://www.londonstockexchange.com/stock/88E/88-energy-limited/company-page
https://www.cnbc.com/quotes/EEENF?qsearchterm=

19:39
Just as we saw what happened when oil slumped to ~US$25
Just perhaps the additional profits flowing into the oil producers will mean that more money will be available for exploration, joint ventures, take overs etc.
No companies like to pay tax do they.
For 88E probably better this POO than 2015's.
Glass half full man :-)

11:04
thanks and look forward to that, third quarterly normally published in October so it may be that we will see an update on website first.
https://88energy.com/financial-reports/

PS I usually got decent replies from DW :-)

15:48
nothing strange, you bought at 1.6p when the quoted mid price was 1.625p.

16:34 Thanks for clarifying where your figures came from, do you have a view as to why the difference?

" COS represents the geological chance of success of at least one of the stacked layers which comprise each prospect"
so could be one, two or three."
Or that is how I read it.
Not sure if development risk has changed since last resources report 160821.
https://clients3.weblink.com.au/pdf/88E/02406997.pdf
Sure Willow decision disappointing but long way to go yet.

06:46
Request for information was in respect of Merlin2.
ERCE has calculated Merlin2 (N20,19,18) 56% COS.
https://clients3.weblink.com.au/pdf/88E/02406997.pdf (page 2)

17:27
Per. company ann.
"Merlin-2 appraisal drilling locations identified to the east of Merlin-1 where enhanced reservoir
thickness and quality expected, with appraisal drilling planned for Q1 2022."
http://clients3.weblink.com.au/pdf/88E/02406997.pdf
When (hopefully) permitted the well will be classed as "an exploratory - oil well" as AOGC do not list / recognise "appraisal".
https://www.commerce.alaska.gov/web/Portals/18/pub/Forms/10-401.pdf

Have a good one everyone.
https://www.youtube.com/watch?v=Ow0GzV6YxhQ&ab_channel=fritz51320
:-)

https://www.petroleumnews.com/

17:41
88E do have an obligation to update at every Annual Report.
As for the website that is as and when they choose pretty well, in the past it has not always been updated in the web site at the same time as the Annual report.

16:56 hope you spotted the mistake in the email address "eneergy" :-(

14:40
I am invested in 88E purely to hopefully make a little money and my participation here is mainly to debate with like minded souls and pass any useful information I find onwards.
I filter and always sign in so I miss a lot - or do I? simples really.
In 2011 Ed Duncan to a Senate Resource Committee stated that by now GBP would be producing 200.000 barrels of oil per day from unconventional sources after commencing production in 2013 ....
I am unsure if Paul Basinsky was that bullish.
Yes lots happened in between but if Ed could get it so wrong with his qualifications and knowledge why should I take much note of armchair geologists, reservoir engineers and aspiring oil company CEOs who post on here. :-)

88 Energy Ltd

Last | 9:44 AM EDT
0.022
quote price arrow up+0.0015 (+7.32%)
Volume
17,264,169

https://www.cnbc.com/quotes/EEENF?qsearchterm=

11:55 I agree. :-)

10:30
The company has obligations to shareholders under Australian Corp Law to answer queries in respect of current shareholdings.
https://asic.gov.au/for-business/running-a-company/company-shareholders/
Email to Ashley Gilbert direct and explain that you have received no response to your question.
agilbert@88eneergy.com

https://88energy.com/shareholder-enquiry/

08:51
If you are really concerned then the 88E website has an "investor enquiry" page which may provide you with the answer.

14:27
Buy or Sell?
"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’. "

In reality the mid price is often not reflective of actual trading, it can often lag thus there are periods when both buys and sells will fall on one side of mid price thus making any reporting meaningless.
In short unless you know the veracity of the buy / sell figures they are not the best indicator of trading.