Member Info for happyhols

The Yukon Gold discovery was classed as stranded by BP in the nineties with not having the infrastructure in place to class it as commercially viable.
With the advent of Point Thompson this could all change and with Jade drilling nearby early 2021 it will provide much interest for a possible farm out.

The share price will look after itself once the buying pressure starts to build again. A nice steady rise is far more sustainable than big leaps in the price.
There is much to look forward to in the next few weeks, maybe it will be a bit bumpy in places but commercial oil is what we all want to achieve at the end of the day.
As with many others, I started investing here during Icewine 1 for Pauls dream of the huge HRZ unconventional prize with the conventional as the icing on the cake, we now have Dave s dream of the conventional driving the share price with the HRZ as the icing on the cake.
I am still a huge advocate of the HRZ and believe there is plenty of interest with unsolicited approaches in the past from other parties. All the data and information we have obtained confirms the fact that the HRZ is a great source rock and with more info to come from this drill we should have no problem farming out to a large player with deep pockets.
88 Energy is by far my biggest holding, i continue to do my own research with the help of many excellent posters on here and i am quietly confident of a very good result come May time.
On a successful completion with Charlie-1 we may also get some news on our Yukon Gold prospect/discovery during the summer.
Good luck to everyone in the coming weeks., lets hope this is the year....

I think with BP, it was just a question of priorities.
A disaster on the scale of Deepwater Horizon would have put many companies out of business, especially with the way Americans are with legal claims etc
It cost BP billions, so restrictions on spending large amounts of money on new potential developments would have been paramount.
We are lucky enough to be the beneficiary, as it were. Of course with all the new commercial finds close to us, better infrastructure and modern 3D, Charlie-1 has now become very attractive, especially to a tiddler like us, lol.
Winx was a big disappointment to me, but i have carried on buying and i now believe this is THE one for all of us.

Good luck in your investment and do not be afraid to email DW with questions you may have.

Blingybird, BP are a massive company, but have been streamlining there operations since the gulf of Mexico Deepwater Horizon disaster in the Gulf of Mexico in 2010. They have many options and many irons in the fire as it were, perhaps spending money to appraise and develop another new oil field was not one of them.
However on a successful result who would bet against them buying us out once Charlie-1 has been appraised...!
Just my thoughts

Good evening all,
As a long term holder here, i rarely post, but do look in most days. I appreciate the research and valuable information the more informed posters on here share with other like minded investors like myself.
The forthcoming Charlie-1 well will, on success, be a truly company changing event for 88 Energy and its shareholders.
I believe the Charlie-1 will never give us a better opportunity to finally have that transformational news we all want for 88 Energy.
We will be targeting 7 stacked horizons across 3 different plays, 2 of the horizons will be tested. A bonus will be core samples for the HRZ.
This is one of the biggest oil wells to be drilled in 2020 and we could have 480M bbl to 88E on our 30% working interest. Premier have paid 23million for the honor of being our partners and are so confident they have even given a first production date of 2024 for the oil extraction in our Alaska acreage.
Most investors wanted a big oil major for the farm out deal, which would have meant giving most of the conventional play away along with operational control as to when and where we drill.
My own opinion is DW played a blinder by splitting the acreage up into A,B and C, getting a very good medium sized company to pay for the drill while retaining ownership of the drill as the operator. We also own all of B and C with potential for Premier to increase there stake for a further 15million on top. Splitting the acreage up was an option not discussed on here i believe before the farm out was completed.
The ex BP workers who now ply there trade with Premier, know the oil is definitely there, we know it is there, we just need the well to flow at 100 barrels or more to warrant a lateral drill at the end of 2020.
I certainly do not think i be the only one who will be getting extremely excited when the drill bit hits the ground in February....A fantastic opportunity for a successful and ground breaking drill.
Oil shows in any of the first 4 prospects will be a huge bonus, but the real fun will be in the 3 Stellar prospects which are the main targets. 251 feet of light oil ...bring it on !
Area A contains the Malguk-1 discovery drilled by BP in 1991, which discovered but never tested 251 feet of light oil pay in turbidite sands in the Torok formation, within the recently emerging Brookian play. Premier estimates an accumulation of more than 1 billion barrels of oil in place, based on the original well data and its evaluation of the existing 3D dataset.
https://www.proactiveinvestors.co.uk/companies/news/901299/88-energy-welcomes-premier-oil-to-project-icewine-joint-venture-901299.html
Good luck to all genuine investors in 88 Energy, hoping for a successful Charlie-1 drill followed by a horizontal later in the year and a farmout to for our unconventional HRZ this summer.
Loads to look froward to in 2020, the year of 88 ENERGY.

IQ57 I think you are spot on, nothing has changed while we wait for news, a part from small placing.
You have done well to buy in more today, i have done the same. This can and will turn in an instant.
Typically all the derampers have arrived looking for a cheaper buy in price.
Am expecting a good bounce back up.
good luck to the genuine holders

faz, agreed we are very close to lots of news. Prem will be pushing things as hard as possible to get things moving.
Always a good sign when the derampers are here looking for cheaper entry point.
Once we start everything else will follow, we need to just relax and have a bit more patience.
Good luck to all the genuine holders

Held nice and steady today, should begin our way back up from tomorrow. there are plenty fishing for the bottom here by the looks of it.
Just a bit of good news will send this soaring again.
The derampers are getting desperate with all the pathetic attempts to influence people with their own agendas at the fore.
GR has made many mistakes in the past and many are well down on their investments, however we have great assets and with new people on the board and GR taking a background role in 2020 this will be a fantastic share to be in.
We have much to look forward to, once things start to move, 2020 could be our year.
Bring it on.

Prices for both are forecast to rise appreciably in 2020. It all helps considerably when we get into full production for both materials.

Some good buys starting to come in now. Looking good for a rise back up. There is plenty of money on the sidelines waiting to come in.
Seems like the derampers are after a cheaper price to buy.
Plenty of news to come, RHA to start soon, Circum anytime now, news of Zulu EPO and joint venture and Manganese.
All looking great for a very good re-rate
All the best to genuine holders

Plenty of news in the pipeline here. A great buy in price now with low risk and huge upside potential.
Always a good time to get in when the board has the usual derampers active and spreading there lies.
Looking forward to the avalanche of positive news.
Just a bit of good news and we will be flying north.
Good luck to all the genuine holders, ignore the trouble makers who are not invested and have there own agenda.
Our time will be soon

Yes, great buying opportunity before the avalanche of news. Once the overhang is cleared we will be back up to yesterdays price in no time.
Looking forward to the sign off and avalanche of news that will follow.
A big re rate coming, just a bit more patience required.
Good luck to all the genuine holders on here.

10% interest... should read lol

Well done to GR, this is very good news for Prem and it’s shareholders. We now have a 0% interest in a cash producing mine along with 10% of the profits.
The mine will be ramping up production from 10000 tons to 29000 tons within 12 months and produce a much needed monthly income to Prem.
We can also share Mn holdings expertise and equipment to further our own development.
A shrewd piece of business.
The same old derampers and negative agenda driven people have arrived as normal , always a good sign. They will be worried about there shorts.
Good luck to all the genuine holders.
This is just the start. We have lots more news to follow.

I see all the derampers, shorters and nay slayers are out in force today, always a good time to buy, which i have quite happily done today.
It will only take a whiff of good news and this will fly. Plenty of money on the sidelines waiting for news from our multiple projects with just a bit more patience needed.
GR is maxed out so there can be no more dilution as the non invested keep telling us, news of production as RHA, Circum news or EPO and off we will go.
After 4 years invested here, this will be the turning point we have all waited for,
Good luck to all genuine investors

Brom, I think if Charlie-1 is the success we all think it will be, then Prem will want to make a bigger commitment in the not too distant future to our other conventional prospects on our acreage or even a farm in to Yukon...

rodrod1, i invested originally for the HRZ as well.
It would be great to have a successful Charlie-1 well with a follow up horizontal in 2021 and also a stab at our 100% owned Yukon Gold, another crack at Winx with a farm out and Horizontal on the unconventional sometime soon.
Not too much to ask in the next year or two surely lol

Perhaps some kind person reported him tut tut ;-)

The short term price should be nothing to be concerned about, although it is always nice to hold on to gains. The share price will look after itself once things start to proceed in earnest.
I have been accumulating more shares steadily while we are at lowly prices, so not at all concerned , I think we all know that the real excitement has yet to begin.

It’s an appraisal well and the oil is definitely there, Premier and 88Energy know it’s proven, so it will not be a duster as you put it.
We just need it to flow in commercial quantities, but we will never have a better chance than this.
The oil business is always risky, but we all know the rewards of a successful well, that is why we are all invested here.
Hopefully our time is now.