Member Info for Keefy01

jiddy123 12:21 & 37pits 12:08

Heartily 2nd those sentiments guys & all our other 88e LTH's

This year has just flown.

May the New Year, bring on a 34 mile ice road, 2 ice pads, Nordic Calista Drill Rig #3 & a commercially oil rich, 11,500 foot drill hole somewhere up in the Frozen North.

God Bless 88e & all who have ventured on board.

Warmest Wishes

keefy

Brom 15:23

Hi Brom,
Just that we have an ice road 3 times longer than Winx & at 1 mile per day that could be January all used up on the road alone. Permit needs approval before the ice road can start.
Same principle applied to Ice pads. Really does seem to be a mammoth task in a tight time frame.

Fingers & any other digits crossed.

keefy

Brom 14:17
Just a bit of light reading regarding construction of Ice Roads & pads.
https://benmuse.typepad.com/arctic_economics/2008/07/what-does-it-cost-to-build-an-ice-road.html
Might give us an idea of timing if someone has the mind to do a reverse calculation of the construction.
Must they build the road 1st or can the road & pads be done together?
The method of construction has surprised me.
We are getting ever closer, my good friends
keefy

LeM 12:27

I think I heard him say that on your "podcast" LeM, but the OE Digital article was released on 20th Nov, quite a few days before Investor meeting. Good News travels so fast.

keefy

gcpinc 12:07

The Golden Cross is considered a bullish sign; it occurs when the 50-day moving average rises above 200-day moving average. A death cross is considered a bearish sign; it occurs when the 50-day moving average drops below 200-day moving average.

Northwards we hope.

keefy

AAI 10:39
From an article by OE Digital which I read a couple of weeks back. I see where you are coming from AAI.
This is expected 2021 but surely the SP isn't going to hang around until then.

1st line, 2nd paragraph - If the Charlie-1 well is successful. The SP goes North. How far? Nobody knows!!

Drilling at Charlie-1 well is the immediate focus heading into February’s spud, while the other conventional targets — including those in the adjacent Area B and Area C — provide future exploration opportunities. Premier Oil is already lining up for a stake in these too and should Charlie-1 be successful, Premier has the option to take a 50% interest in Area B or C by spending US$15 million.

If the Charlie-1 well is successful, 88 Energy along with Premier Oil anticipate drilling a horizontal well in 2021, with first oil production expected in 2024/2025

Seasons Regards, keefy

AAI 09:58

Where is there a reference to the word horizontal in the following snippit from nextoilrush?
I can see 480 million & I can see Conventional, but alas, I don't see Horizontal.

88 Energy (ASX:88E | AIM: 88E) is gearing up to drill one of the biggest oil wells in the world in 2020.
In one drilling event in February 2020, no less than seven stacked targets will be pierced by the Charlie-1 well, and a total of 1.6 billion barrels of potential will be tested – 480 million barrels net to 88E.
Drilling is expected to take just 30 days. Given conventional targets are being tested here, results will be almost immediate.

This is not a pure exploration drill – it's appraisal drilling for the most part.

Have a Great Christmas All Long Termers

keefy

POG 12:43

Tut Tut, PoG.
Do you honestly think that this successful realist suspects a snoring bed rest?

Tony Durrant, Chief Executive, Premier Oil, commented:

"We continue to deliver on our strategic priorities. We are generating significant free cash flow, which is materially deleveraging our balance sheet. At the same time, we are actively managing our portfolio and selectively progressing growth projects at the right exposure. We also continue to create value through the drill bit and to build material new positions in emerging exploration plays at low cost."

IMHO, I don't think so.
Premier are a success story who also believe there will be further success in working with 88e.

Just my view

keefy

Cheers KAT.

keefy

Hi All,
Try this link from Next Oil Rush
https://www.nextoilrush.com/88e-drill-one-biggest-oil-wells-world-2020/?utm_campaign=NOR-UA18&utm_source=advfn.com&utm_medium=email

Regards,

Keefy

Hi All,
so sorry, pulled keefy 16:47 Posted link shoots straight back to my yahoo mailbox.
Cannot find alternative link, but will keep looking.

may just copy & paste article.

regards, keefy

Ecuagold 06:56

So my friend, in your opinion we need a roughneck driller with no business acumen.

Good Call.

keefy

Brom 08:57

Hey Brom,
IW #1 & #2 were not in this half year. Or have I missed something this year?
Surely IW #2 was 2018 & #1 was back in 2017.

Please correct me if I'm off course here.

keefy

WA 01:00

About £3.72M

Loose change really.

I must say, even with the Charlie 1 drill looming, I am definitely become disillusioned with the company. Not particularly DW but beginning to sense something not quite right.
As you all know from my posts I tend to err on the optimistic side but this is getting very frustrating.

GLA LTH's & anyone who has recently come on board.

keefy

Bothwell 05:47

Hey buddy, we are still , ONLY in Q3. 2019 ends on 31st December.
Please don't be impatient

GLA Stubborn or Stupid, certainly Tormented, 88E'ers

keefy

Des45 23:06

DW is creaming the curve nicely though, he will have made another A$200k by the time the drillbit touches down for Charlie.

If we get a presentation in London in the near future Des, be there, look him in the eye & tell him what you keep telling us.

I'll bet he rues the day he ever uttered or wrote that phrase.

keefy

V111JAS 14:43

That pretty much sums up AIM.

Decent post buddy

keefy

Bothwell 10:47

Both, DIVERSIFIED EXPLORER NORTH SLOPE OF ALASKA 88e Energy
SEPTEMBER 2019 UPDATE

Which one did you want?

We will all look back on 2019 & think to ourselves, "An ugly year but we eventually got what we wanted"

Just sit tight

keefy

S4KS 09:43

From Page 6 of Announcement, Parts of interest in UPPERCASE.
Lines starting Project Icewine & Icewine

Not sure if these lines refer to same thing. i.e. Charlie 1

Perhaps someone can throw some light on that.

Alaska North Slope:
Multiple World Class Assets
Alaska Central North Slope: Multiple High-Quality Assets in Portfolio
• 88E Operator/Manager on 4 active Exploration Projects across >250,000 net acres
PROJECT ICEWINE CONVENTIONAL FARM-OUT EXECUTED – DRILLING WITHIN 6 MONTHS
• CHARLIE-1 (MALGUK-1 APPRAISAL) WELL TO TEST MULTIPLE STACKED TARGETS IN 1Q2020
• Funded by Farminee, Premier Oil Plc, up to US$23m in exchange for 60% of conventional
potential in Area A (Western Play Fairway)
• 88E to operate Charlie-1 – permits and contracts on schedule for 1Q2020 spud
ICEWINE: LARGE CONVENTIONAL PROSPECT PORTFOLIO – 1.0 BILLION BARRELS OIL NET TO 88E#
• MULTIPLE STACKED PROSPECTS OVER THREE PLAYS MAPPED ON MODERN 3D SEISMIC – DRILLING IMMINENT
Yukon Leases: Existing Discovery – Newly acquired & processed 3D seismic (2018),
Interpretation Complete
• ~90MMBO mean prospective resource (100% 88E)
Icewine: HRZ Liquids Rich Resource Play – 0.8-2.0 Billion Barrels Liquids**
• De-risked by two wells: Icewine#1 and Icewine#2 - farm-out targeted 2H19
Western Blocks: Post Drill Review Underway
• Winx#1 declared unsuccessful – remaining potential on blocks under assessment
** Net Mean Prospective Resource based on 271,000 gross acres, #Net Mean Prospective Resource

Regards,

keefy

Bits 08:41

Bits, what exactly would you like DW & the rest of the BoD at 88e do to help the SP?

Lie?

It is what it is & we are traded in the UK on AIM.

Tough it out like the rest of us.

Have a good day

keefy