Member Info for Brombarb

agree market open from 0:00 London Time (10:00 AEDT)
https://www.asx.com.au/about/trading-hours.htm

Announcements from 10:30 London time ( 08:30 AEDT) but can appear earlier
Normal business hours for the ASX Market Announcements Office are 8:30am to 7:30pm (8:30pm during daylight saving)
https://www.asx.com.au/prices/about-announcements.htm

We saw a recent announcements in ASX;
19/03/2020 8:33 AM Operations Update 3 pages 575.2KB
11/03/2020 8:15 AM Operations Update 3 pages 572.1KB
06/03/2020 8:22 AM Notice of Annual General Meeting/Proxy Form 25 pages 416.2KB

-32 deg C at Deadhorse Airport next 14 days looks good for integrity of Ice Road.

https://www.timeanddate.com/weather/usa/prudhoe-bay

"The results from the Logging While Drilling phase of the program are expected to be announced after Total Depth has been reached and initial analyses have been completed, scheduled for early April. "
Last RNS

10:43 TD will be in HRZ if to plan, intention to extract sidewall cores.

Operation bulletins so far have been minimal and not time stamped so it is difficult to be certain against anything, we are now day 28 of a planned 30 day drill so would be reasonable to assume we must be near TD.
Oil shows in themselves are no certainty of success and would possibly not be material, I have seen comments ( accurate or not) that DW has been warned by ASX not to make premature statements.

Interpretation of Subsurface Hydro Carbon Shows
http://www.searchanddiscovery.com/documents/97017/article.htm

Oil price in my view has relevance because it is hurting the oil industry generally but everyone has a view and short term, longer term may be different.

best wishes stay safe, we all have a role to play at the moment.

This is a whole new ball game and anyone who imagines that there will not be fall out is living in a dream world, there where enough factors before Covid-19 to make predicting SP on success difficult, after all are people talking one day high or a longer term sustainable rise etc
How long this current situation is going to last I do not know (does anyone?), will the Arabs and Russians kiss & make up I do not know (does anyone?), will we get better news on Covid-19 (hope so) almost everything that was a near certainty 2 m ago is not now,.
What I have seen are some shares moving on good news and I just hope that between now and the results we get a bit of positive news regarding world events.

cheers Mr Shaa and thanks for your posts too :-)
Totally agree we are all in this together and EVERYONE has a part to play, no time for any complacency.

14:52
You are correct to question whether PMO or 88E would have financed a drill with 12% COS

The drill is comprised of many target zones and they have been attributed differing COS based on the factors that make up the calculation.
Listen to the last presentation in London
04/12/2019
Audio recording of the Globe meeting courtesy of LeMajor on the LSE chat site - Private recording not issued or approved by 88 Energy
https://www.dropbox.com/s/pkn67ubzmq500pc/88e v6 globe presentation 29th nov 2019 3_1_1.wav?dl=0
Listen to the Premier Oil Half year presentation where they introduced the FO to their shareholders;
Half Year Report
https://www.investis-live.com/premier-oil/5d307a239add6d1100dca1b3/onvd
88E main interest.
33:40 mins
48:21 mins

You will need to register but that is just an email.

Finally the 88E February presentation will give extra understanding of the target zones.
http://clients3.weblink.com.au/pdf/88E/02205507.pdf

Mr Shaa hope you are NOT walking into a "room full of family and friends" , unless of course you all live together :-)
Stay safe.

someone who bought Monday and has seen share rise everyday and not fall back - one of our "swing traders" ? :-)

thanks Mr Shaa for your updates.

https://www.petroleumnews.com/pntruncate/373290350.shtml

https://www.petroleumnews.com/pntruncate/207832929.shtml

Deadhorse Airport readings but sure cold enough on slope to guarantee that ice road is OK for a while yet.

Weather
-35 °C Clear. -25 / -30 °C
Sat 28.
-24 / -28 °C
Sun 29.
-20 / -31 °C
https://www.timeanddate.com/weather/usa/prudhoe-bay

08:52 "first cuppa" on my third and kettle on again :-))
https://www.youtube.com/watch?v=vMGXwZYfIhM
stay appy EVERYONE

08:48 We do not know, operations updates have given minimal information and no time stamp.
some delay early on due to weather (Garry M advised dangers of high winds).
We are now at day 26.

For reference Malguk-1 was at ~9500' - 10000' at day 26 but all oil wells are unique, we have a different rig, different crew (I hope).

14.5M (0.15%) last minute " botjob " perhaps
0.016 AUD to GBP = 0.00797155 British Pounds
0.017 AUD to GBP = 0.00847644 British Pounds
ASX (close
1.6¢ 0.00%
Volume12.36M

Chi-X (close)
1.7¢ 6.25% up
Volume2.106M

15:23 think it would be an unnecessary journey (20 miles) and even though I would almost certainly have been on my own I do not think I should ignore government advice to stay at home.
I want to play my part like everyone else should be doing.

for clarification near neighbour is a medic who has volunteered back into the NHS.

Been out for my constitutional , most of my walk is forest and hillside and unlikely to see anyone, as I got back to village saw to separate groups of pedestrians meet up, that was not 2m they kept apart!
Asked my wife what 2m was and she said two arms lengths, she is 5'4", we got the tape measure out now she knows.
We have a near neighbour who has gone back into NHS intensive care, he is very concerned at what is to come potentially and has emailed us to warn us to be careful.
Take care everyone.

could be all sorts of reasons, we have an existing gravel pad at lease 392301 that might conceivably take a lateral into Alpha although in the past DW has said no and in any case DOG, DNR, AOGC would not countenance production from a multi user site ( at least in 2016) but of course could be many areas of mutual interest. When we took the GBP "fire sale" leases in 2018 we probably gained more access.