Member Info for chrisev1

Agreed. Biden has banned all NEW leases. That is why DW changed some leases recently, he knew this would happen and played safe. Our drill should be safe to proceed on Peregrine.
Also, Biden will face stiff opposition and even possibly action through the courts. He won’t have an easy ride on this one.

Oh - I only just got the email. Never mind more to come soon. Lol.

New RNS out, operations update. A bit more information.

Just seen an article in Proactive:

https://www.proactiveinvestors.co.uk/companies/news/939084/88-energy-continues-to-advance-icewine-and-peregrine-opportunities-939084.html

All helps.

23:24
Thank you Dazzle.

20:15
I was hoping for anything over 1p but with all the positive news maybe 1.3p. Still don’t know if I will sell or keep for next drill at Heavenly. Looks like 2021 might be a good year.
GLA

Sorry - but please allow me a one personal post about myself. I didn’t sell earlier in the year and my average was 1.17p. I averaged down during this year and my average is 0.65p. Can’t believe I am now in profit.
Enough of me.
GLA.

Nice jump down under. Some really good positive news recently. Things starting to move, finally.
GLA

That would be nice as after averaging down, my average is 0.65p.

Thanks Brom,
Page 13 looks interesting.

13:30
Have you been smoking those funny cigars again? Are you on something.

What is that trade of 60,606,061 at 11:31 about?

15:37
The article also says the company is expected to be in a position to offer a “meaningful dividend” for shareholders over time.
This is a positive from the reverse takeover.

Sorry if this has already been post, but just seen this on the Pantheon Share Chat:

https://finfeed.com/small-caps/energy/88-energy-ready-drill-pantheon-news-could-be-sweetener/

The RNS has confirmed two drills, weather permitting. Plus PANR is scheduled to spud in January ’21 its Talitha-A well, which is located close to the northern border of the 88E central acreage and is interpreted to extend into 88E acreage. In effect 3 drills to look forward to.

Hi Ddraig,
Some very good points. We should know this week more details of the FO on the Proactive One2One Forum. I’m hoping for DW to confirm one drill and possibly two depending on the weather.

Hi Phrom,
I remember last year the SP tanked after the FO news with Premier. So I agree it’s anyone’s guess where the SO will be short term.

I would like to see the full details of the FO as I think it might be for two, weather permitting. On the RNS DW says:
"Being able to secure a farmout deal with a high calibre partner on close to two for one deal terms in the current oil and gas environment is a major coup for our shareholders."
I think he means two will be drilled if the weather holds up, but I might be wrong.

Hi Rabito,
I am basing my target price only on what has gone in the past and not on any actual figures. I would like to see the actual FO details. I still think my target is realistic.

JS88
In theory if we have the same timeframe as before, the results of the first will be after we drill the second so the first won’t affect not drilling the second. From what I understand only the weather will stop the drill of the second.