Member Info for FORD707

Spooky Monday being the 88th day of the year.

Someone correct me if I’m wrong

It’s not going to make any difference to you if you’re waiting for the oil bud!

Yup. Where’s people’s sense of adventure?

I wonder how much that cost our German friend deutscher

I won’t be sleeping much rodrod, don’t need much. I’ll be sure to see your update at 7am my friend.

I’d love too. Watch this space x

Don’t worry rodrod, whiskey for a little while now, in a great place. This all works out I’m coming round for a drink

10k isn’t too bad. I take it back, make me rich lol. All seriousness it’s been fun no matter what!

P.S island girl, Chucked a little on pantheon today. In for a penny in for a pound

Bighow- fair play to you bud. I would honestly wait another year for my own personal gain to see you reap your deserved rewards this time. I invested in this because of the long term disappointments with this and feel luck has got to come in this time. I’m glad it feels different to you as that’s gives more confidence. Good luck to all

A member since 2008, unbelievable. In one word describe your experience thus far. Then one word describe how you’re feeling right now.

Probably in that case I read it wrong the first time and on reflection pretty silly. But to be fair I’m here aren’t I?

https://en.m.wikipedia.org/wiki/Oil_sands

Also someone said they know oil is there, it’s putting the drill head on it. Perhaps others feel like they could make the most of the area.

Did you guys say that there was oil elsewhere but it wouldn’t flow? And that gas helps it flow and 88 found a **** load of it?

No-one could know right now but as I understand 88 already has some great assets and lots of land. I heard someone mention the other day that it was always dw’s plan to sell. Maybe that’s the plan and why he’s retiring.

88 Energy $EEENF - Takeover Rumors

r/pennystocks

•
Posted byu/BigStan_93

14 hours ago

3

88 Energy $EEENF - Takeover Rumors

General Discussion

88 Energy - Merlin-1
What happened lately?
- 88 Energy started drilling for Merlin-1 in Alaska (median 645mil barrel of oil)
- In total, the company drills for 1,6bil (median) barrel of oil in their upcoming drilling projects
- Dave Wall, Managing Director of 88E, leaves the company in May
- Dave Wall increased his shares from 39mil and 17,5mil performance rights to 120mil shares and 77,6mil performance rights
- Erik Opstad, general Manager of 88E, is the founder of their farm out partner ELKO
- After costs of the project increased, 88E has "issued 360,000,000 fully paid to a professional and sophisticate investor at an issue price of A$0.018 per Share" ( 02355885.pdf (weblink.com.au) )
- The mentioned investor is drilling partner and company of Erik Opstad, ELKO 88 Energy (ASX:88E) completes surface hole drilling at Merlin-1 - The Market Herald )
- Joe Bidens policy makes it more difficult for the big players to get oil Biden policy puts 72% of Alaska’s remaining oil at risk, but output won’t be affected until after 2030 - DRILLING & PRODUCTION, Alaska, Joe Biden - Oil & Gas Middle East (oilandgasmiddleeast.com) )

Rumors:
- Drilling partner wants shares, not cash ( 88 ENERGY LIMITED (ASX:88E) - Oil Flowing then Buyer Coming In, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum )
- Both Dave Wall and Erik Opstad are preparing for a takeover by a big player
- Share price could jump even higher than it could if they'd find oil
- Why would DW and EO increase their share position right after the drilling? This would only make sense if there are big news coming up
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Not sure if that makes me feel better or worse. Better I think

Loads of lock down talk today. Oil went down, loads went down. Probably has something to do with it. Glad you enjoyed your walk rodrod. I think we’d be good friends if we knew each other x. GLA, exciting few days ahead.