Member Info for S4KSecurity

They indeed do have a great track record of getting projects to production stage. They would not accept this deal if they thought they could not capitalise. Thats funding boxed for 88e. In well pleased. DW has done me proud.

Area A contains the Malguk-1 discovery drilled by BP in 1991. This well discovered but never tested 251 feet of light oil pay in turbidite sands in the Torok formation, within the recently emerging Brookian play. Premier estimates an accumulation of more than 1 billion barrels of oil in place, based on the original well data and its evaluation of the existing 3D dataset. There is also considerable upside in the shallower Schrader Bluff formation which has yet to be explored in a play similar to the Pikka/Horseshoe trend. The Alaska North Slope has attracted considerable industry interest recently with technological advances enabling these once stranded resources to now be commercialised.

To those that said there would be no farm out. It has been done. Booom. Fantastic. Credit to Dave. This is what we have all waited for. Well done to the holders

The last RNS was the biggest clue... who puts down 500k if they intend on backing out of deal. This ones going through and we will all see 3p plus sooner rather than later.

Why would someone who is invested defame there own share? Why would someone invest in something they know nothing about and have no confidence in? Exactly... trolls. These people are not invested here or have shorted the stock so deramp to make it go down but the RNS dont lie. Just filter them. Or note the names and once the FO is complete you can harass them. Very confident this is the month for the big news and huge rise. Patience is the key. Always has been.

Time will tell. Decent buys only add to the confidence. Imho will happen.

Target price of 2.70 set 6 days ago with a buy rating by cantor fitzgerald

From spudding wells to shifting CBD - jumping from oil and gas exploration straight to CBD products is one ive alwayd thought of as quite weird. Professionals stick to the industry that they are experts in, entrepreneurs who risk money jump on whatever they think might work - im just saying its a strange shift. Im starting to think some teen is running this company from his bedroom.

http://www.morningstar.co.uk/uk/news/AN_1565089214654725700/88-energy-and-burgundy-sign-farm-out-exclusivity-deal-for-icewine.aspx

Pleasing to the eye - referring to the buys coming in - all shapes, sizes and weights.

Well the final agreement has to be signed by end of the month. Fantastic move by DW. Very pleased with the update. The half a million will help.

Moving in right direction. Derampers loosing here. just to pee desmond of ive wacked in a 3k GBP top up under 1p. Well pleased with myself. more buys coming in. Desmond the only person your making a fool is yourself. Take out the short and go long - its the only way for 88e

++++

Desmond clearly your trying to short. Go have some breakfast. Im confident here. Patiently await the 'i told you so' post. All is well here folk... take no note of these shorters

Having looked at the RNS again I still stick to my viewpoint. Yes its not a farm out but a joint venture - the fact is that the funding seems to be coming in place for IW conventional and this in itself is awesome news for me. Ive been here a long time also so please don't give me that generic ramp bull - I genuinely see hope here and confidently can say the days are nearing where 88e will recover its lost value - sooner rather than later. MY CONCLUSION - GREAT RNS FOR SHAREHOLDERS - AND PROVES THE BOD ARE ON WITH IT AND NOT WASTING SHAREHOLDERS MONEY - POSITIVITY CONTINUES

Upfront payment for exclusivity. Great news. Next step get the deal finalised and get the cash in our bank.

If i didnt recognise your name id ignore you. Your posts are as good as a dead donkey. There is no negative statements in this rns and is very positive for those that know the oil and gas industry. Shorters like you should not try and deramp a very healthy share that has factual news behind it. Utter disgrace... learn how to invest properly mate. Im sticking with this one. Too much confidence here to acknowledge u

Burgundy exploration funding. Its a farm out. They fund the drill and get the results whilst we retain an interest. More confident than ever this will materialise. DW played it safe not mentioning name and now we do have the partners identity very unlikely anyone will back out. Im very pleased.

500,000 up front will do me fine. And thats initial funding so more to come

We have the name of the partner. Fantastic news imho. Shows things are more serious.