Member Info for lebugue-addick

spat dummy out - was there really any need for that abrasive comment? despair sometimes with this BB

Pat - "Posters on there suggest that it’s because the world is flush with oil right now". Ah yes but not awash with our 88e exclusive special brew!

V111JAS - echo that sentiment. Happy Christmas to all the regulars here

Well done to "New Land"

Read RNS again then - " the Company is now targeting close of a deal in 1Q 2019". That does not mean it will be 31 March 2019. It could be in January or February - just saying.

ART - FO

The long-running saga over permits for fracking and a new gas processing plant being sought by AIM-listed gas producer Ascent Resources took a new twist today, with CEO Colin Hutchinson telling London South East that if the permits are not forthcoming they will pursue a claim for damages against the Slovenian Government in the courts. "Lawyers have been briefed both in London and Lubjiana and a case is actively being built" said Mr Hutchinson.

The Strategic Review which the company started in April hasn't been succesful, "mainly because the permitting situation was just too unpredictable from an investor perspective. The investors viewed Slovenia as a high risk environment for foreign investors".

However, after four years of trying, Mr Hutchinson still remains hopeful that the Slovenian Environment Agency ARSO will grant the two permits requested.

Brom - as usual it's the minority who try and spoil it for the majority. Tail wagging the dog. I am sure the more even-balanced poster will greatly appreciate your regular help and feedback. Keep posting - sounds like Tess Day at Strictly on a Saturday night!!

Brom - please keep posting!

yashy - a formation of geologists perhaps

To be accurate this is what DW said on 9 November following the placing result:

"Commenting on the success of the Placing, Dave Wall, Managing Director of 88 Energy, stated:

"We would like to thank our advisers and shareholders for their continued support as we enter a potentially transformational period for the Company, which includes a possible farm-out by year-end followed by the spud of the Winx-1 exploration well in the first quarter of 2019."

Levante - probably down to pricing as well. I have flown on the Southampton flight to Bergerac a few times as much more convenient to get to Le Bugue. But easyjet fly to Bordeaux at less than half the price of flybe. So more often than not I just do the extra driving from Bordeaux. Easy decision.

short position through W H Ireland - 65,978. Really? Is that all? What a waste of admin and what a pathetic short total. Is that all the confidence one trader has got - absolutely laughable

jaffa shooting blanks again

“We now also have 3D seismic at the Yukon leases and have identified over 80 million barrels of oil potential. Recently commissioned nearby infrastructure also means that the economics for a field this size now look very robust.,” he explained.

The renaissance in exploration success on the Slope has been driven by an influx of smaller independents, attracted by fiscal incentives, and changes in exploration technology. These successes have yielded over 4 billion barrels of discovered oil in the last 4-5 years, with an excellent success rate.

“We’re hoping to emulate those successes although we’re a couple of years behind, but we’ve got several excellent prospects, each with hundreds of millions of barrels in their own right, which add up to more than 2.4 MBBO in just our Western play, where significant new potential is supported by sophisticated modern 3D seismic.

10 million ounces - that is huge if proved to be correct

Gold is 1220 dollars an ounce currently. I make that 12 billion dollars MV. I wonder if we can get a best estimate. Might have to do an email to GH!

forget that my maths needs revisiting!

10m ounces - that would be around $60m market value if it comes to fruition

chickdinner - the interview was at 11.51am today and GH said that the market had not yet woken up to the significance of the find. Well it all kicked off after that didn't it.

Would like to hear another GH interview tomorrow now that the SP has lifted off.

the first cut is the deepest - a song coming on!