Member Info for happy_hatter

With Armstrong and Oil Search taking up further acreage around us, its a pretty strong indicator if any, that the appetite is there. It should encourage those looking to take up our conventional assets to get a move on. We are very close now is my hunch.

All set up for a bidding war. Which no doubt in my mind has happened behind closed doors already. Also DW not getting back to private individuals on farm out questions by email, suggests to me announcment due very soon. Loose lips, sink ships etc

'requests'

'parties'

''During the quarter, 88 Energy elected to accommodate requests for an extension to the year- end deadline to the campaign to maximise the number of bid ready parties...'''

Thanks moda. Encouraging to see Oil Search and Armstrong expand their acreage around us.

Can come any day.....

Quarterly Report
• Project Icewine - Conventional Farm-out
The Project Icewine Conventional Portfolio farmout campaign of the Central North Slope acreage continued throughout Q4. The level of interest and the calibre of parties visiting the virtual and physical dataroom remained highly encouraging. The Company is seeking to attract a farminee to fund and participate in the exploration and appraisal drilling of the significant prospectivity delineated on the Western Play Fairway and to further the exploration effort on the Central and Eastern Leases.
During the quarter, 88 Energy elected to accommodate requests for an extension to the year- end deadline to the campaign to maximise the number of bid ready parties, whilst also honouring the logistical timeline to enable drilling of multiple wells in the 2020 operating season. Consequently, the Company is now targeting close of a deal in 1Q 2019.

Have a look what months it’s covering WAaussie. There’s your answer.

muscat why do you think that?

The next drill winx-1 and the conventional farm out are two completely different projects. One has no bearing on the other.

I think Dave will have the conventional farm out deal closed by the time the winx results are published anyway.

BOTTOM LINE....

• Project Icewine - Conventional Farm-out
The Project Icewine Conventional Portfolio farmout campaign of the Central North Slope acreage continued throughout Q4. The level of interest and the calibre of parties visiting the virtual and physical dataroom remained highly encouraging. The Company is seeking to attract a farminee to fund and participate in the exploration and appraisal drilling of the significant prospectivity delineated on the Western Play Fairway and to further the exploration effort on the Central and Eastern Leases.
During the quarter, 88 Energy elected to accommodate requests for an extension to the year- end deadline to the campaign to maximise the number of bid ready parties, whilst also honouring the logistical timeline to enable drilling of multiple wells in the 2020 operating season. Consequently, the Company is now targeting close of a deal in 1Q 2019.

In black and white on conventional FO: 'demand'.

'The deadline for bids was extended by 88E due to demand with deal targeted in Q1 2019'

I am only half way through but a brilliant watch so far.

I recommend all 88E shareholders watch this, which shows our potential on the upcoming drill!!! Not one record yet of an unsuccessful drill on the Nanashuk sands. Bring on next month.

Nice update on Winx.

We are due quarterly update soon as well.

SilverTrader

That is how I see it too.

RMP - Bigger upside on success but much bigger downside on failure.

88E - As the main operator upside is big enough for winx for me. If it fails we have three other projects to fall back on. Plus we have the potential for a farm out on conventional any day now. Also expecting Yukon developments soon. Exciting times for all shareholders of 88E and interested parties in WINX.

Coming in thick and fast now. Nice 1m share lumps too.

Blue for the day.

The two hawks - I agree with both posts.

Such an exciting time to be an 88e shareholder! Although I can understand if some are nervous.

News can come on many fronts literally any day!

Show me the conventional farm out first and then successful Winx drill. That’s my preference.

Hitting recent highs now of $62.8

How are those farm out negotiations getting on DW?

Jan almost over and the chances of news dropping on that gets bigger with each passing day.

I love payday

ASX currently up 5%

If they keep it up we might start looking at buys over 1.2 pence tomorrow

Pic of our rig on the move apparently...

#88E #RMP Related, Rig 25 on the move from Bear tooth to Greater mooses tooth.

https://twitter.com/Me32063/status/1086575717146652672

This in my opinion is BIG news. It shows the interest is there in the North slope and if anything, it is getting bigger.

Why would anyone acquire their own seismic covering our Yukon leases?

https://hotcopper.com.au/threads/petroleum-news.4478719/page-71?post_id=37162001#.XEMQky2cau4

Yukon the surprise package!

Those two things are not connected.

Because you bought under mid price.

All the buys going through right now are showing as red.