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Shareholders get sweet FA!
There are no crumbs for shareholders
They've screwed us.
This is the end, have no choice other then to write it off and move on.
Good bye and good luck elsewhere.
22nd March 2021
88 Energy is pleased to report that the Merlin-1 surface hole was successfully drilled to 1,512ft as planned. Surface casing has now been cemented and the blow out preventer system tested. A formation integrity test (FIT) was successfully undertaken and the rig is now drilling ahead in the production hole where the primary Nanushuk targets are located. Planned total depth is 6,000'
*
7 days after blowout RNS drill hit hydrocarbons in Nanushuk.
*
29th March 2021
· Interpretation of logging while drilling data ("LWD") indicates multiple potentially hydrocarbon bearing zones have been encountered in the Nanushuk Formation whilst drilling Merlin-1
· Wireline logging will commence shortly to confirm whether mobile hydrocarbons are present
Finablr PLC Administrators appointed over Finablr PLC
Source: UK Regulatory (RNS & others)
TIDMFIN
RNS Number : 7135E
Finablr PLC
14 March 2022
Finablr PLC ("Finablr" or the "Company")
Administrators appointed over Finablr PLC
Finablr Plc ("Finablr" or the "Company") was placed into administration on 11 March 2022, by a resolution of the directors of the Company.
Stephen Goderski and Peter Hart of PKF GM have been appointed as Joint Administrators of Finablr, with immediate effect.
The trading in the shares of the Company will continue to be suspended until further notice.
Please note that with the Company in administration the directors and officers of the Company are unable to answer questions concerning the position of any holders of securities of any form in the Company or regarding the position of any creditors.
All shareholder, debtholder (those directly of the Company) and creditor enquiries relating to Finablr PLC should now be made directly to PKF GM via email to: info@pkfgm.co.uk
END
11th March 2021
88 Energy is pleased to report that Rig 111 commenced drilling the Merlin-1 well at 0338 on 10th March 2021 (AK time).
29th March 2021
-Interpretation of logging while drilling data ("LWD") indicates multiple potentially hydrocarbon bearing zones have been encountered in the Nanushuk Formation whilst drilling Merlin-1
· Wireline logging will commence shortly to confirm whether mobile hydrocarbons are present
https://www.proactiveinvestors.com.au/companies/news/976275/88-energy-tipped-as-a-buy-as-high-impact-drilling-gets-underway-in-alaska-976275.html
88 Energy Ltd
AIM:88E
ASX:88E
OTC:EEENF
88 Energy tipped as a ‘buy’ as high impact drilling gets underway in Alaska
Stockbroker Cenkos sees a valuation of 13.6p for the exploration company as it drills "one of the biggest wells of 2022".
Judge Richard Snowden said at the High Court that he hoped to sign off an order by the end of the week that would allow the troubled payday loan company to move to the next stage of its restructuring plan.
Chill Brands reassured investors that its performance in the next financial year would be much better. It had streamlined its distribution network and would now be delivering its products to customers and other distributors on time.
Chill Brands shares have fallen 66.3% in 2022, and it is hard to make a solid buy argument for the stock, which seems to be headed towards zero at a fast rate. However, the company’s fundamentals remain solid as demand for CBD products is expected to keep growing this year and for many more years.
While it is never a good idea to catch a falling knife, especially in the stock market, I would bet on Chill Brands’ shares any day. First, however, I would wait for a solid bullish signal before buying, such as several bullish daily candles.
*This is not investment advice. Always do your due diligence before making investment decisions.
https://www.asktraders.com/analysis/chill-brands-chll-shares-crashed-31-after-missing-revenue-targets-whats-next/
Payday Lender Moves Forward With New Restructuring Plan
By Joanne Faulkner
March 8, 2022, 5:47 PM GMT
A judge indicated on Tuesday that Amigo Loans will be allowed to present two revised restructuring plans to creditors for a vote, days after the U.K.'s financial regulator said it had no plans to block the company's attempt to return to lending,
Judge Richard Snowden said at the High Court that he hoped to sign off an order by the end of the week that would allow the troubled payday loan company to move to the next stage of its restructuring plan.
CAPITAL RAISE WITHIN ONE YEAR OR SANCTION BY COURT.
As also stated in the update on 6 December 2021, the Company intends to raise capital, within one year of sanction of the New Business Scheme by the Court, to fund both the GBP15 million Scheme contribution and future lending. The equity raise is likely to be undertaken by a rights issue for existing shareholders, with a placing of unsubscribed shares to third party investors. The rights issue will be subject to the approval of the Company's shareholders after the New Business Scheme is sanctioned by the Court. If shareholders do not approve the rights issue, the New Business Scheme will revert into a wind down under which the shareholders will receive nothing in respect of Amigo Loans Ltd.
See article on Twitter:
https://twitter.com/g_financial_inc/status/1501263294283321345?s=21
https://www.law360.com/amp/articles/1471636
Payday Lender Moves Forward With New Restructuring Plan
By Joanne Faulkner
March 8, 2022, 5:47 PM GMT
A judge indicated on Tuesday that Amigo Loans will be allowed to present two revised restructuring plans to creditors for a vote, days after the U.K.'s financial regulator said it had...
Drilling of the Merlin-2 appraisal well has commenced.
· Initial surface hole to be drilled to approx. 2,000 feet, cased and BOP system tested.
· Drilling then set to deepen through the N18, N19 and N20 target horizons to the maximum planned Total Depth of approx. 8,000 feet.
88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) ( 88 Energy or the Company ) is pleased to report that the Arctic Fox rig commenced drilling the Merlin-2 appraisal well, located in Project Peregrine in the NPR-A region of the North Slope of Alaska, at 7:00pm on 7th March 2022 (Alaska time).
The Merlin-2 appraisal well is planned for a Total Depth ( TD ) of approximately 8,000 feet, and is targeting 652 million barrels of oil1,2 in the highly prospective N18, N19 and N20 targets that were encountered in the successful Merlin-1 well (drilled in March 2021 to a depth of 5,267 feet).
The well is to be initially drilled to approximately 2,000 feet, with the surface casing then installed and the Blow Out Preventer ( BOP ) system tested. This is anticipated to take approximately one week in total. Drilling is then set to deepen the well through the N18, N19 and N20 target horizons in the Nanushuk Formation to the planned TD. This deeper drilling is anticipated to take up to approximately four weeks.
Logging while drilling and mudlogging will provide initial indications as to the prospectivity of the target horizons at the Merlin-2 location. After reaching TD, it is planned to run a more sophisticated wireline logging program, which includes collection of down hole samples and side wall cores.
A production test program for the Merlin-2 well has been designed and equipment placed on standby during initial well site operations. Flow testing of Merlin-2 will be contingent upon the wireline results, in particular the MDT outcomes, as well as government approvals and weather window considerations.
Come on you effing b a s t a r d s (BOD) relist so we can F off from this s h i t e share!!!
FFS 2 years
BOD are just like Shetty and embezzling our money