Member Info for Brombarb

Firstly the header is factally incorrect, Dr Stephen Staley has some skin the game (14M) but I am sure you knew that as you have read the ANN Report.

As for the rest I agree their lack of buy in is shameful as is the level of their salaries.

I have voted against staff incentive (performance rights) schemes in recent years because I think the salary levels enjoined by Ashley and his merry band should be more than sufficient.

08:54

Just checked your past posting history, enlightening.

19:41

Unfortunately our leases in the NPRA have probably become untenable, I suspect that although drilling on the actual leases may remain a possibility we will find more and more evironmental restrictions and even if a big discovery was made the costs of meeting those requirements would knock it out, the risks of green lawsuits (as COP with Willow have experienced) is probably just too great..

Current leases suspended (12m) by which time BLM will have more answers and a final decision can be made.

14:34

You have obviously copied that quote, would be grateful for a link to the whole document so I (we) can see what the proposed solution was.

14:57

You should get your facts right, 120M shares ???

14:13

Correct

http://88ewiki.wikidot.com/burgundy

14:00

There is no doubt that Aberdeenman saw an opportunity to promote himself via 88E but I do not think that he or any of his cohorts had any special relationship with Dave Wall or Paul Basinski, yes they had involvement in the organisation of the first London meeting but that was about as far as it went and they played a much much smaller part in the second meeting and then decamped to CTAG.

Many of us here date back to pre 88E (TPT) and DW days and we had a lively and vibrant LSE board well before Aberdeenman & Tim.

13:49

Why are you so worried about little 88E, you seem to spend an inordinate ammount of time posting on 88E (more than me), a share that you are not even invested in.

You know the blatant rampers will not be deflected as is the same for derampers so why keep posting.

13:43

DW actually bought many of his shares and at date of last TOP20 was still a major shareholder, not sure what you are saying regarding PB he had never worked for 88E, being jv partner.

13:24

So are you actually saying that PANR have no oil, Santos's Pikka and Quokka fields have no oil, CP's Kuparik River development has no oil and Bill Armstrong & Repsol with plans to drill 6 well over 24/25 have no chance of oil.

Why would PB make the statement you suggest? He had big skin in the game at Icewine !

I suggest that you have half a story and have put a spin on it to suit what ever agenda you have.

12:01 you got out because of the comments of Sharebel!

08:51

Do you actually know that for sure?

There has been no amended Appendix Listing Rule 5 which would suggest ASX are OK with information previously supplied.

Looks like we have got off the ice at the right time.

Warming up and days getting longer ~17hrs

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

19:26

I am not sure if reporting posters would do any good unless they breach the rules and in any case they are welcome to their opinions (even if Iwe don't alway like them!).

In my view its best to either filter and ignore or if you choose not to then to use their posts as a direction for research.

I am not from an O & G background although son in law & son are directly employed in O & G and not ex broker / financial markets either so always plenty to learn.

Cheers

14:42

Be careful

Oil is like shares it can go up and down, all we need is for the Middle East to decide its going to pump lots more oil to like it did in 2015 ( or indeed any other of a multitude of reasons) and we could oil back at $40 or less .

18:13

I do not think that PANR are interested in buying our leases at present, were we to go broke or at least have to decide between Alaska and Namibia then I can guess who might like first dibs on Phoenix (and perhaps a few other leases).

Ask yourself what could possibly be the motives behind the constant posts from some of the none invested.

Just a personal view :-)

11:33

Who are Pantheon International?

10:29

I think the second paragraph makes its clear who Dave Wall was referring to when he mentioned security and 88E would not be alone in taking that stance.

DW & PB were more than able to deal with any shareholders questions and I have never heard of a shareholder being denied entry to any of the London events.

I

09:56

"Paul Basinski let slip in 2016 that they know they have no prospect of commercial oil in North Alaska as the majors have already crawled all over it and bled it dry"

So COPL at new developments (Willow, Kupurak River), Santos (Pikka, Quokka), Bill Armstrong & Repsol (NSE 6 drill programme) and PANR are all wasting their time and their independent resource reports are worthless.

Not sure when Paul Basinski ever said that there was no chance of commercial oil and that the majors had sucked it all up, he was fixed on unconventional source rock oil and believed that was where the really BIG commercial volumes would be achieved but I do not remember him saying that precluded conventional oil.

Ed Duncan stated “The easy conventional oil on the North Slope has been found" and he believed shale oil presented the best opportunity for oil in 2011 but that was prior GBP shooting their 3D and initial drills, subsequently they changed their strategy.

https://freerepublic.com/focus/f-news/2684401/posts

11:45

I agree that our announcements are often verbose, here it seems we have a bit of a rambling announcement that raises more questions than answers particularly in respect of that information required by ASX Listing Requirements.

The company knew after the SFS test that its announcement left gaps especially in relation to the stock barrels and should have tried to correct that with the second announcement.