Member Info for Brombarb

https://dog.dnr.alaska.gov/Document/9222E163E20443D78CDD7EA19E3D5FE1/11-12-2020__Talitha_Unit_Formation_Application_-_2020_-_Decision_Approval?

I will await for the "exspurts" to tell us using appropriate adjectives to suit their agenda.
12:53
You might be right , always an option :-)

08:30 you know the limitations of the buy/sell algorithm, if mid price truly was reflective of mid price (100%) then all would be OK :-)

19:06 Brokers Notes I am afraid I take little notice and I invariably only use others comments to further my own research when necessary, on bulletin boards such as this it can be difficult to ascertain claimed technical competences let alone agendas and trading strategies etc.
Perhaps you need to query with ERCE as to how they have arrived at latest resource estimate, I doubt their methodology will be very different to eSeis.

08:09
Just read 07:24 amazing stuff.

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London Stock Exchange - were the data we see on the boards comes from.

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

17:39 last three days have seen ~803M trades across the three main markets, certain we have seen some former XCD shareholders take their leave but the CR has now been so well publicised across the bulletin boards that NO one should be surprised if and when it comes, genuine investors will recognise that to take advantage of the NPRA & NS opportunities we have to keep the lights on - what happens without cash in the bank - nothing positive.

16:40 Remember Malguk-1 was drilled using vintage 2D seismic, we did shoot 3D and that was obviously analysed and utilised in the original prospective oil resources calculations, however subsequent to that we have gained a lot of data from Charlie#1 so as ever it will be a moving feast (or famine situation).
ERCE have interpreted the data and report Seabee as one stratigraphic accumulation rather than separate distinct sand bodies so is it so "strange".
You made some profit on your 88E trade so no point worrying about what could have happened :-)

17:19 :-)

taken from spill permit
"Drilling Operations and Well Testing
Drilling related operations will be conducted using a land-based drilling rig spotted on rig mats within lined
secondary containment on an ice pad (Figures 1.8-6 & 1.8-7). Specific details of the proposed drilling activities
including locations of pads and access are contained in Section 1.8 and in Appendix F.
To enable drilling operations, AEA will make the necessary applications to the BLM for an APD and to the AOGCC for
a Permit to Drill (PTD) to drill wells to 4,500 feet and test the lower Nanushuk formation. The well bore designs will
be similar to previous North Slope exploration wells.
Drilling operations will be conducted by using the All American Oilfield #111 drill rig or similar that is capable of
being mobilized by all terrain tundra vehicles. At each well site, the rig will be spotted on rig mats within a lined
secondary containment area (SCA) on an ice pad."
http://www.allamericanoilfield.com/services/#rig-lll
link courtesy of Spinefx HC

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18:49 agree, as you say lots of wells are fracked in Alaska.
http://aogweb.state.ak.us/DataMiner3/Forms/FracturedWells.aspx

Ballot Measures
Ballot Measure 1: Increase Taxes on Oil Production
Yes 39% No 61%
254,501 votes reported

https://www.elections.alaska.gov/results/20GENR/data/sovc/ElectionSummaryReportRPT11.pdf (last page)

probably best decision although a no vote may have pushed investment to new fields.

"changed between permits"

10:22
Think the only time the company queried the well location was after Charlie-1 and indeed the bore hole location was changed between locations.
Icewine#1 & 2 off the existing gravel pad and probably Paul's choice as he targeted that lease in his original lease purchases prior to the JV.
Winx bore hole location established by Otto Energy , we were the operator but did not decide the location.

We do not know what the terms of any farm out for NPRA will be so will we be paying for drills ( guess we will one way or another but not directly in cash) ?

Are you used to having your posts moderated:-)

I guess what is most important is a potential FO partner presented with all the available data thinks that the project is worth a shot and any resulting offer is acceptable to the company.
I can only take DW at his word that a FO programme is realistic at this stage.
Plenty of links in respect of risk, reserves etc in 88E wiki, link below is a good start.
https://wiki.aapg.org/Risk:_expected_value_and_chance_of_success
Just as an afterthought remember "the magic calculator" and our ex friend proscelenes spread sheet for Charlie#1 that gave us a blow by blow level of SP to be achieved at each level!

https://wiki.aapg.org/Risk:_expected_value_and_chance_of_success

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For those interested.
https://www.erce.energy/global-experience/

All looks a bit more positive, pity PMO took the decision that meant no flow test but ultimately they invested $23 M before giving us the w,i. back and that decision has now resulted in the latest Independent assessment.
Lots more to happen, we need to confirm FO for NPRA and get all the permits and equipment sorted before hopefully a successful drill in winter 2021.
Alaska takes time look how long it takes even when majors are involved.