Member Info for Brombarb

Last 03/19/21 EDT 0.0161 0.0008 (+5.23%)

0.0161 USD = 0.0116

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

it can't just be
https://www.youtube.com/watch?v=CeWjEYhk7Xo&ab_channel=TheBeatles-Topic

Nectar :-))
A 5 star Album

When I had an operation a few years ago I was pre medicated listening to this, I really wanted black sabbath but the anaesthetist was Australian ! :-))

https://www.youtube.com/watch?v=pAgnJDJN4VA&ab_channel=acdcVEVO

fraid I was just a little frustrated when I saw a "headline" from twitter that was old old news - suppose at least it was fairly factual.

https://oilprice.com/Energy/Crude-Oil/How-Oil-Could-Go-To-100-Per-Barrel.html

Think we are all grown up enough to realise the potential indirect affects that a high oil price could have for all in the industry.

20:01 +$95 seems incredible
https://oilprice.com/Latest-Energy-News/World-News/EIA-OPEC-Cuts-To-Lift-Oil-Prices-Through-April.html
Guess there will be many opinions.

18:52 who told you that :-)

ALASKA CRUDE
West Coast Delivery
$63.15
-$4.87
3/18/2021

Not always going upwards :-(

preferred if we just got the facts
0.0162 USD = 0.011670 GBP
https://www.cnbc.com/quotes/EEENF?qsearchterm= 18:15hrs

"APDC is a close cultural fit for our proposed future plans for Project Peregrine and it has been a
pleasure to work with them to finalise the farmout deal within a tight timeframe. We look forward to
potential success as we approach the imminent spud of Merlin-1 in February 2021.”
About APDC: APDC is a special purpose investment vehicle organized for Project Peregrine. Its members are a
consortium of private US entities managed by individuals that have extensive experience in oil and gas,"

https://clients3.weblink.com.au/pdf/88E/02318430.pdf

You do NOT need to go to twitter!

LIKELY DEVELOPMENTS AND FUTURE STRATEGY
Project Icewine;
In-house analysis will continue to assess various commercialisation options for the gas condensate discovered in the
Torok Formation by 88E’s Charlie-1 well in 2020. The discovered resource comprises over 1 TCF of independently
estimated gross mean prospective gas as well as associated condensate. The commercialisation options include, but are
not limited to, possible local power generation, compressed natural gas as well as potential for conversion to hydrogen
using steam methane reforming (SMR) with carbon capture and storage (CCS) processes. It is expected that this work
will move to a formal feasibility stage during 2021. Farm-out of Project Icewine is ongoing, with a deal targeted in 3Q
2021.
Further evaluation will continue on the Project Icewine HRZ liquids-rich unconventional resource play
https://clients3.weblink.com.au/pdf/88E/02351475.pdf

The "exspurts" here told us we would not get a farm out for Charlie-1 and we are currently engaged in Merlin which is another Farm Out deal so why not another?
:-)

Do I smell the scent of some who have sold wanting back in at a lower price, nothing wrong with the tactics just the very obvious the way some go about :-)
will always be the way of some.

305.9 M(2.52%)

0.0173 AUD = 0.0963 GBP est mid base on trades in ASX

ASX (close)
1.7¢ -10.5%
VOLUME 188.8M

Chi-X (close)
1.8¢ -7.89%
VOLUME 117.1M

20:01 or should that be an "opportunity" :-)

19:34
Problem is that as one market closes another opens :-))

lots of caveats and also context.

"DaveW: There will be more dilution of some form because you either have to fund it by raising equity or selling part of the project which is also dilution. So - like I've kind of been belabouring the point - but it’s all about who’s most accretive for shareholders, and what’s the oil price - how much does the share price go up, if we get 100-150 barrels in this well, and how much the flow rate is in the next well - whether we can continue to fund organically in an accretive way.
So - it does really depend. And it also depends whether - say the oil price pops to $80 next year, and we’ve drilled this well and we’ve identified some conventional prospectivity - and Otto’s drilled two successes - and someone comes in and makes us an offer we can’t refuse - there’ll be zero dilution - we’ll be gone!
And it would make sense for us to take something. Say it was 50p or 60p but we're now giving all the risk to someone else, and we can achieve that in 9 months rather than trying to hang on for longer to get a higher target. There’s a whole bunch of things to consider.

http://88ewiki.wikidot.com/presentations:09092016-london-transcript

As we know the HRZ did not play ball, Paul passed away prematurely and very importantly the SOA exploration tax credits scheme was withdrawn when the oil price collapsed, do not underestimate the impact that latter factor had on future exploration and even seismic capabilities + interest payments.

16:24 your post still made more sense than some of the others we have seen today :-)

did 16:19 get it right ? :-)
Have downloaded todays trades onto a spreadsheet and searched without luck.
https://www.londonstockexchange.com/stock/88E/88-energy-limited/trade-recap

13:08
if you have been invested in 88E from the "start" then you have had the same opportunities as me! plus you work in the oil industry so should have ample understanding of the risks involved, so take some on your shoulders too.
See you posted on the wristband site also, at least we are still kicking.