Member Info for chrisev1

I’ve been tying to find any information from America about EEENF (88E) trading on OTC. I have found a chat room on Stocktwits and most has been positive, a little bit lass recently like over here, but still positive. Please see a link to an article about 88E that I found from Insider Financial:

https://insiderfinancial.com/4-otc-stocks-to-watch-eeenf-gtvh-lclp-rgbp/181256/

I wish you did.

I know there has been a lot of discussions about the possible takeover of 88E, my view is now they will sell the Harrier and Merlin wells. They have said all along they want to prove oil is in the ground and then sell up. They money raised could be used to fund other projects on their acreage, avoiding any further CR. My question is will us shareholders get a fair or good price?

09:08
I understand exactly what you are saying. I myself de risked just before the recent drop and bought in again when the price was about 1.18p. I managed to get quite a few more shares than I did before for the same amount of money . The only thing I would say is I was thinking of selling and buying back later in the year but there is too much potentially happening this year especially over the short term.

Wolves:
No need to be rude!!
This is a possible theory. If there was a takeover we don’t know the exact terms until after.

Do we need to prove the oil has to flow to be taken over. We are not an oil production company, maybe DW has done a deal to sell the company as long as there is enough evidence oil is there. Let someone else get it out of the ground. Maybe that is why DW is leaving at the end of April and someone who is good at company takeovers/accountant is taking his place.

This was a good RNS. Apart from further conformation of oil is the coment of the schedule of expected results:

“A schedule of expected results will be released in the coming days once timings of the various analyses are confirmed”.

Sorry, this link to Petroleum News might have been posted before, but:https://petroleumnews.com/pdfarch/90654407.pdf#page=188E had some good news during 2020 and I must say I feel positive despite the recent disappointment. We have a lot of potential good news, including further potentially good news for the recent drill, FO for the Heavenly drill in 2022, PANR drill and a possible takeover. This is why I plan to keep my 8m in until at least next year.

I think DW said the results could take 2 weeks up to 2 months. Either way he would like to have them before he leaves. I think they will be positive.

Just noticed batches of 500,000 sold just after 4:30.

I might be wrong, but I've noticed when there's a drop during the first hour, the MM's are trying to make us sell so they can sell to America in the afternoon. Expect a rise this afternoon.
As I say I might be completely wrong.

Please explain. You clearly haven’t been reading the RNS and you clearly don’t understand what is happening this year. Lots of ‘fun’ going on this year and next.

Quite an interesting article :

https://www.petroleumnews.com/pnads/90654407.shtml

12:19
Last year was not a duster either. They found gas which might be commercial and they are drilling next year in the original location.

No one selling - just keep trying.

12:19
You're an absolute idiot.
No offence.

10:33
You are correct. I sold half my shares of 2 million (de risking) and kept the other half of 2 million. Sold these buy mistake.

09:42
Honestly, I thought America went down a lot yesterday and I thought they might buy in today. Sold all my shares yesterday by mistake and wanted to get back in for long term. Don't forget the well looks positive as oil is there.

Just bought 8 million this morning. Not sure if brave or stupid.

05:33
Not really. Quite comfortable where I am. My average is 0.65p so all ok.