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Up 31%
very decent volume 660m
over to Skippy - I wont be watching as its exhausting after reading all the PANR desperate posts today. I dont think the poster could have possibly done more to put me off ever investing there.
I genuinely wish all PANR loads of success.
I struggle to see what anyone can find negative about 88e's news release.
Wall also said the findings reported at a nearby project, Pantheon Resources’ Talitha-A well, are encouraging for the company.
Talitha-A has provided insights into the “wettability” of the Kuparuk formation, which has been encountered by 88 Energy in its Project Icewine wells but have previously been interpreted as likely gas condensate or residual oil.
No targets have been mapped by 88 Energy in this formation and, it was not a play that the company were pursuing, but its geoscience team is now re-assessing the Kuparuk potential.
Dave Wall added: “It is highly positive to see pay zones and a flow rate of light oil achieved from zones on adjacent acreage that are also prospective at Project Icewine, where an internal review has commenced to determine the significance of the neighbouring results.”
Thanks GIT - lots of green boxes. Good to see derampers being environmentally friendly
Eqtec have confirmed what most here already knew. I just wanted conformation!
emai.....
''Thank you for your interest and support for EQTEC, the sustainable waste-to-energy company.
We have previously stated that we are a 19.99% equity shareholder in the project and I can also refer you to Note 21 (pg 64) in our 2020 annual report and accounts for supporting information.''
From the accounts:
. Since the year end the shareholders
of North Fork Community Power LLC, including the Company, have
agreed that these loans are to be converted into 15% of the equity
of North Fork Community Power LLC subject to the completion of
formal legal documentation.
It is interesting just how bullish DW is in today's RNS, I would welcome others' thoughts:
For example:-
88e said the zones may be of similar magnitude in terms of volumetric range as the originally targeted primary zones. Further work is now required.
"The oil shows and other encouragement seen in the Merlin-1 well bodes well for the potential at Project Peregrine and we look forward to providing the results from the laboratory analysis over the coming weeks,” said managing director Dave Wall.
I have heard that Atlas is another Joan of Arc and they wont be cashing in their chips until sp is a quid
For us investors, it's a very positive report. Dave simply doesn't gild the lily. There is going to be a flow of news as these results come in. He hasn't promised that but under ASX rules he is obliged to release each tranche of results. ..
Hopefully Brombarb will share his opinion as he is very knowledgeable of ASX regulations.
I remain very positive about my holding in 88e.
The slide of the 88e acreage be very much down slope from PANR is potentially a bonus too.
Ideal one for the Q&A session