Member Info for jim89

The next couple of months could be transformational here. Massively under valued

Da_Gee - thank you very much for the info and I will give the link a listen. ATB

10.14 - yes I noted that too. There is a zoom conference on Wednesday where they will share some of the survey results. I had a good feeling after watching the interview, all very positive and I felt that Andy Carroll was trying to hold back his excitement and positivity for the next few weeks/months. Overall, glad that I have jumped in now before the markets really start to react on the hopefully positive newsflow due soon

MM's showing buys as sells, seems they are trying to manipulate and hold back for some reason. I did read that this share his been held back for a long time at the frustration of a lot of shareholders. Can anyone shed any light on this? Can anyone also just give me a very brief overview of monecor's position and why they seem to be offloading?

Absolutely agree. The market cap here is laughable given the potential and stage that the company are at.
Not many shares in issue at all either, oil prices on the rise and not looking likely to stop. Put all of these together and even a sniff of good news would rerate this into the pennies in the blink of an eye

I've been looking here for a week or so but this morning finally made the move. This really is flying under the radar for now and is massively undervalued in my opinion. This should get some heat in the coming weeks with 10 bag potential

This was covered in the RNS on 29th September...

Bye bye then, obviously upset on your loss but don't try and bring others down with you. Too many like you

Looking at your posting history is hilarious!!

Do you remember posting this on 7th May...

"I suggest anyone sitting on the sidelines watch this latest interview with guy. He’s extremely bullish and gives away much more than meets the eye. Game changing news coming here by the end of may IMO."

Then on 10th May you told us all to switch off until the end of May... like you would be doing, oops but you kept on posting and your positive, rampy attitude suddenly changed.

Classic, made my afternoon. Thank you

This board is fairly mature, thanks for the decent responses. Alamo, you mention 5, can you provide the names of these companies as I'd like to do some research into them and try to establish how they are ahead etc.

Would they not potentially be bound by NDAs if the government are involved? Just a thought...

I'm happy with my investment here and the small decline in share price doesn't concern me. As stated a few times on this board and in the news it is only matter of time until the covid passports become compulsory and in my opinion this will be undertaken via an app on smart phones. As soon as positive news is released this will jump to new highs. Other companies in the mix I understand, however, ctea seem very well placed here. Good luck all

Just look back on the posting history of these people... the OP thought that 5.60p was achievable in March on a closing price of 2.94p... obviously sold out recently and wants back in cheaper. Just use the filter button

Always a good sign when you get derampers on a board trying to talk a share down. The main one we currently have here seems to be lost. Looking at their posting history, most of the shares they seem to be in are down. They have probably sold out and looking to recoup loses here at a lower entry. Best to ignore and/or filter as they are just looking for a lower entry point.

This share has great potential and this and the coming weeks could be great for all who hold.

GLA

Got a quote of 1.51 to sell on open, now down to 1.10 to sell. It will bounce at some point during the day. This will be oversold. Holding.

potential of these zones.
Several samples were taken in zones interpreted to be less prospective on the way out of the hole, all
of which contained low saturations of hydrocarbons, which will now be sent to a laboratory for testing.
The presence of hydrocarbons in these zones is considered encouraging for regional prospectivity but
does not constitute a discovery due to the low saturation levels.

is now too late in the season to initiate flow testing operations and the forward program will consist
of plugging the well. The well may be re-entered in the future, if warranted, in order to drill a side track
and conduct a flow test.
Additional information related to Merlin-1:
Merlin-1 is located in the NPR-A region of the North Slope of Alaska with the following co-ordinates
X:196695 Y: 5666711 Zone 4 NAD 27. 88 Energy has a 50% working interest in the well and is
Operator. The well was spud on 10th March 2021 and was drilled to a Total Depth of 5,267’. Multiple
prospective pay zones in sandstone reservoir between depths of 3,400’ and 5,100’ have been
identified; however, more analysis of the data is required to determine gross and net pay. Fluids
recovered via downhole sampling will now be sent to a laboratory to determine hydrocarbon
saturation, phase and constituents; they, however, are deemed to be mostly comprised of water. Note:
the two most prospective zones in the Merlin-1 well were not able to be sampled due to operational
issues.
Managing Director, David Wall, commented: “Despite the operational issues that prevented obtaining
a hydrocarbon sample from the two most prospective zones, the results from the Merlin-1 well are
very encouraging for the potential at Project Peregrine.
We appreciate that these early results may be difficult to interpret. That is because we do not yet have
all the data required to allow interpretation. This means some uncertainty remains; however, it is
already clear that Merlin-1 has delivered by far the best outcome of any of the 5 wells drilled by 88
Energy in Alaska over the last 6 years.
Particularly encouraging is the apparent presence of oil in a zone that has not previously been targeted
in NPR-A. Whilst the potential volumetric size of this zone is not yet known (as it was not a mapped
target in Merlin-1) the formation could be extensive based on initial interpretation. The other most
prospective zone with good shows and petrophysical characteristics is shared with the Harrier
Prospect and will likely high grade that for drilling in 2022.

88 Energy Limited ("88 Energy" or the “Company", ASX:88E, AIM:88E, OTC:EEENF) is pleased to
provide the following update related to its operations in the NPR-A region of the North Slope of Alaska.
Highlights
• Initial petrophysical interpretation indicates several potential pay zones in Merlin-1
• New prospective horizon identified at Project Peregrine
• Operational issues prevent hydrocarbon samples from two most prospective zones
Details
The first run of the wireline program included a standard triple combination log with nuclear magnetic
resonance (“NMR”). These tools are designed to identify potential reservoir and resistivity (elevated
resistivity is an indication of hydrocarbon saturation) as well as provide an estimate of the mobility of
the fluid present. Multiple prospective zones were identified, consistent with the shows and logs
obtained whilst drilling, and the NMR tool indicated good mobility across most of these zones.
The second run of the program was designed to take samples across these zones. Initial observations
indicated the presence of an oil signature in the fluid using an optical fingerprint sensor in the downhole
sampling tool, after communication was established with the reservoir in the deepest zone of interest.
Slugging of hydrocarbon and water then occurred, which is often a precursor to hydrocarbon flow from
the reservoir, however; a power outage due to equipment failure necessitated pulling out of the hole
for repairs prior to any sample being obtained. After repairs were completed, the run back in hole
encountered several sticky sections, indicating poor hole condition so a clean out run was undertaken.
Re-entry with the sampling tool was then executed to move to the lowest zone for testing but good
communication was not able to be re-established with the reservoir despite observation of a similar
hydrocarbon signature on the optical fingerprint sensor. The time the hole had been open and
consequent potential formation damage may have contributed to this issue.
A decision was made to move to the next shallowest prospective zone, which had exhibited good oil
shows and petrophysical characteristics, but wellbore condition issues prevented a test as the tool
became stuck. The tool was freed but the risk of returning to that zone was deemed too high.
Not being able to sample these two most prospective zones does not preclude a discovery; however,
analysis of sidewall cores and potentially further drilling may be required for confirmation.
Significantly, one of these zones is considered to be a new prospective horizon within the Nanushuk
Formation that may be wholly within the Project Peregrine acreage and was not one of the pre-drill
targets. The other zone is interpreted to be shared with one of the zones in the Harrier prospect, to
the north of Merlin. Further work, integrating the results from logging with the seismic, is required to
map / re-map the volumetric

Nice to see. Will be an interesting last couple of hours here.

4.05 on the ask, recovering well.

Well done mate, I couldn't have managed the weekend without slicing some. Hopefully great news next week