Member Info for Phrontist

Ever the optimist, I feel the market will open UP in two days time.
There will be just 5 weeks to drilling.
Opportunities are great, liklihood of considerable success is high.
This next few months must put 88E as Number 1 AIM share to hold onto.
Meanwhile, happy new year to all LTHers.
Our time is nigh.....:))
Phrontist

DW has said, he was disappointed with shareholder negative response to RNS announcing Charlie-1 Farm Out deal with Premier Oil.
I suspect BoD had hoped for return to 2p with that incredible FO Contract.
Remember, the contract includes:
Area A conventional
HRZ free drill and sample scrapes
Area B and Area C option for next drill
PMO could be investing $38m to keep our conventional rolling into production era
Enabling 88E to establish the massive HRZ field.
PB's original ambition to discover 4billion barrels oil.
The Sweet Spot of Central North Slopes
Following his 30 years or so pioneering unconventional for Conoco Phillips at Eagle Ford fields of Texas.
DW is really bringing it all together....
Phrontist

...2p to end 2019.
Phrontist

CG, how can one describe your post? It is certainly life revealing. My wishes to you and wife for a successful 2020. And to all long term 88E investors.
Many have suffered in one way or another. Losing Paul Basinski has been a blow for many of us, but most of all, loss to his family and close friends. Also Brent Villemarett died of heart problems after many years at 88E as Director, seeing transition from Tangiers to 88E and hiring DW.
As shareholders we should be thankful for health, energy, determination of Dave Wall. Sometimes we wag the finger when not happy with progress. But the 6 years leading to Charlie-1 will be decided on the level of success of Charlie-1.
PB and DW plus group staff could not have worked harder to get to expected H1 2020 position. 7 possible conventional finds and further proving on unconventional.
The work leading to Charlie-1 has been years of technical research. I feel optimistic for oil discovery from this drill program based on the ground work and PMO's enthusiasm to finance this exploration project.
Until then, keep healthy in mind and body. Be ready for the stress. Be ready for the success.
Happy Christmas to all investors.
Phrontist

Nice post stanman, a lot of drill activity on North Slopes during 2020, we are just one of many exploration operations.
Phrontist

Bothwell, "selling the company" was never raised as a question or arose as a subject in the presentation during Friday evening 88E session.

WAussie, last time we had a quiet afternoon chat at lunch table served by Ukraine lady.
Chat was relevant and interesting. Not too much drinking. )))
No Aussies there until DW arrived later on......
P

Brom, are any shareholders meeting at the Globe early for afternoon snack / lunch?
Phrontist

Thanks Sprintman
Perhaps DW hopes I will not turn up.....?
So, the presentation is just for shareholders, not a City Blitz for new business.
Phrontist

I sent my request on 13 Nov but not received a reply.
Has anyone else had same problem?
Where is the Presentation being held?
Phrontist

Ha ha, Mr Martini, yes look forward to chat.
And soon we will have earned this Italian restaurant meal with favourable SP....
Phrontist

Ha ha, JIDDY, it is the cursed mobile phone spell checker.
Hopefully we will raise OIL and not OYL.
P

Jiffy, I think it is time for kindness and praise to DW.
Since joining 88E during 2014 he has overseen many varied activities. And persevered on our behalf to arrive at this incredible opportunity. To be part owner of a large area of land nextdoor to PRUDHOE BAY.
Over 30 years of sustainable and large scale oil production.
This truly incredible and part of many reasons for my investment.
I look forward to meeting you next week.
Phrontist

rodrod, a good experience.
SS is kind and modest person.
But immensely qualified and experienced.
Just to mention he is on our BoD's stimulates SP nudging 1.10p
Phrontist

Welcome Photon, we look forward to your enlightenment. You join at a most amazing phase of this unusual plus enjoyable exploration business.
Phrontist

Small task....
Research Dr Stephen Staley, our non-executive Director.
Look at amazing SP growth of Cove Energy when he was a Director.
Magician? Genius? Angel?
All three? A very special man to have on our side.
Phrontist

I see a few people have been selling shares....
But since, the SP has risen.
This is not time to spend weekend with no 88E shares.
Imagine waking up on Monday to find big ASX rise
And new swathe of investors panting for LSE to open.

Let's agree, 88E deserves a substantial rise following a few years of misfortune and bad luck.
But still, the hard graft has gone in to raise our game on this oil sodden patch of Central North Slopes of Alaska.

Phrontist

Low company overheads, no nett debt, plenty cash in the bank, only 70 days to start of largest 2020 drill.
Revival of HRZ a 2billion to 4billion barrel resource, a nil to low cost for 88E shareholders.
What is there to not like?
BoD are playing our cards very well.....

Phrontist

88E is in an excellent position for any exploration company.
We have carried out extensive technology and field work to arrive at stage of $23m FO conventional drill.
To assess 7 layers of prospective oil finds.
And to add unconventional into the back end of the Charlie-1 drill program.
Over 2p by 2019 year end.
Over 4p by early Feb 2020 SPUD.
Over 10p by Charlie-1 completion.
Risk exists, it always does in exploration.
But risk must be as low as any under our circumstances.

Happy Christmas....
Happy SPUD....
Happy post-Charlie-1....
Happy 2020 for 20p+ by year end....

Phrontist

This company is looking in great shape.
I look forward to the Presentation with DW and SS on Friday 29 November....
And hope the market opens on Monday with big wwoooossshhhh