RE: And on it goes..28 Nov 2018 15:23
I am sure that DW would love to tie up a deal for shareholders as a welcome Xmas present. Whatever transpires over the course of the next few weeks, it will change the course of 88E's future forever. We paid Geokinetics $6-8M for the Conventional 3D survey, which has proved up an ever increasing resource and currently stands at 2.2B barrels.
Sceptics and doubters have been chipping away at the viability of our four projects. You either believe or you don;t. If you believe, then the current SP is extremely attractive, and if you don't then your money will stay in your pocket.
The North Slope has world class potential, and I just hope that 88E's assets are in that category.
The next three months or so will see the story unfold.
Good luck!