The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Older you have no idea, absolutely none, you're a guesser, however no one needs to guess with you, you are here plain as day over 220 posts, all negative on a stock you say you have no financial interest in, hundreds of man hours for what you say is to protect others, there has never been a clearer case of bull and you are really full of it.
Bull OW you are the one with an agenda, my agenda is clear, I'm an investor and want the best for the company, you though, your dubious agenda is clear as day.
Just because you have been negative and the price has dropped does not make you less of a troll it just makes you good at being one, being able to achieve you aim as an uber troll attacking the company and everything it does and being successful at doing so, does not absolve you of who you are. You realise if you rob a bank and get away with it, it doesn't mean crime is ok.
You have the largest agenda here, well done it worked for you but do not think you are pulling the wool over my eyes. you're a charlatan, yes you might fool some of the people most of the time, but you do not and never have fooled me.
Older my average is on the floor, I have no issue with this price at all, although I might be a little in the red it is insignificant amounts so I have no concern about being "in this position".
The difference between us is that I'm invested, thus have a valid reason for being positive about my investment, whereas you have no excuse at all, you have been revealed as a troll, over 200 posts, all negative all on a stock you do not own and expect us to believe the hundreds of unpaid hours you will have spent here is all for the sake of saving others, your a charlatan and nothing more.
Quite simply OlderWiser is a troll, a liar and person to create misdirection. Ironically he is in fact the person he accuses other of, it is he that tries to control the narrative, he that will accuse others of being pumpers, whereas on the whole they are just supporting the share they have invested in and are generally repeating the words of the company. This nasty piece of work is here to do exactly what he accuses others of, he is feeding of your trades based on the volatility he hopes to create. He will now try to get this post deleted as he did on PANR, but hiding a post does not detract from the truth, a troll through and through.
233 posts in 30 days in 88e, but heh he has NO financial interest in it, who REALLY believes this, btw I say financial interest as opposed to investment.
shorts, longs volatility, he works bloody hard for it I'll give him that, bet he has bags under his eyes though bigger than he has made.
"The flow test is to find out how easily it flows, and what it flows"
- correct and from what I read it flowed very well and the small number of barrels collected can be understood by the fact that they were still cleaning up the well. thus they were concerned with how well it flows, not how much oil they could get, as they have already stated,
"Some 70% of stimulation fluid had been recovered at the conclusion of the test at which time water salinity measurements indicated that stimulation fluid was still being recovered and the well was still cleaning up. Oil cut would be expected to improve once stimulation fluid was fully recovered."
I think you're trying to pull the wool over everyone's eyes and this will be proven by the company themselves when they will no doubt give a presentation, your only tool left then will be for you to state they are lying.
Guess who the investors are going to believe, a no one anonymous alias on a forum that posts 10 times more posts on a stock he is not invested, in against those that he is, and based on what someone earlier says, posts twice as many posts as the biggest ramper. No one in their right mind spends this much time on a stock forum just to help out their unknown fellow many, you are no saint, you are a volatility creator likely here as a serious trader, maybe even the big number one that you accuse others of.
"Get serious, they flowed oil for 16 hours, and got 4 barrels out"
Or, did they flow the well, the importance was to understand how positive the well flowed, not to go into production, they know the oil is there and surely most of the flowing was recovering the fluids they injected
My understanding is flow tests are typically conducted to assess the productivity of a well, understand reservoir characteristics, and gather data on fluid behaviour under production conditions and pressure etc. The primary objective was not immediate commercial production but rather to evaluate the reservoir's potential and optimise future development strategies.
It's mentioned that the well flowed for 84 hours, inclusive of clean-up and recovery of frac fluids. This indicates that a significant portion of the flowback period was dedicated to recovering the fluids injected during fracturing operations rather than solely focusing on oil production. Therefore, the low volume of oil recovered relative to the total fluid flow rate could indeed be attributed to the emphasis on cleaning up the well and assessing its flow characteristics rather than maximizing oil recovery during testing.
I think this further answers some questions "The well produced at an average oil cut of 4% following initial oil to surface, with instantaneous rates observed during the 16-hour period varying as the well cleaned up. Some 70% of stimulation fluid had been recovered at the conclusion of the test at which time water salinity measurements indicated that stimulation fluid was still being recovered and the well was still cleaning up. Oil cut would be expected to improve once stimulation fluid was fully recovered.
"Sorry to all those who were taken in by MysticMeg and Stas & co."
Bull...Perhaps actually the sorry should be from the unbelievable, concerted attack on the company by just 2 or 3 three individuals, an attack so fierce that even though not being invested here, they have spent more time here than on their own forums, their desire, day in day out morning noon and night to write pages and pages of negative posts about the company do nothing but to ensure what they obviously want, that being maximum volatility for maximum profit, I suggest you look at the facts; OlderWiser on his own has more than double my posts here in the last 30 days and 10 times the number of posts on here (where he has no financial interest, ..cough!) than the forum where he is invested. On a word count Scot's posts are just so off the scale that he would make Carson Block look like an institutional investor, again not invested.
No I would say the facts point far more to there being an attack here than there has ever been even close to a ramp, the only reason I see so much effort being put in here is when there is a financial reward, anyone that thinks these 'saviours' are your white knight needs their heads examined, they have far more likely used your fear and volatility to feather their own nests.
Https://www.proactiveinvestors.co.uk/companies/news/1045245/88-energy-flows-oil-from-second-discovery-in-hickory-well-1045245.html
88 Energy flows oil from second discovery in Hickory well
Published: 07:40 15 Apr 2024 BST
88 Energy Ltd - 88 Energy flows oil from second discovery in Hickory well
The Hickory well site in March, posted to X (Twitter) by the company
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has announced a second light oil discovery at the Hickory-1 well, part of Project Phoenix, on Alaska’s North Slope.
The well flowed at a peak flow rate of approximately 50 barrels per day from a vertical section of the SMD-B reservoir, with the oil quality measuring 39 degrees API.
It follows the previous positive test result from the well’s Upper SFS (USFS) reservoir, which achieved a flow rate of over 70 bopd with similarly high-quality light oil.
88 Energy highlighted that its intended development plan would see the field established using ‘long horizontal wells’ which would deliver production “typically at multiples of between 6 to 12 times higher than vertical wells.”
Managing director Ashley Gilbert, in a statement, described the well testing successes as a significant milestone in the company’s history.
“The flowing of light oil from multiple reservoirs demonstrates the potential that this acreage holds for our shareholders, positioning the company to grow and extract value from Project Phoenix via multiple potential development and commercialisation pathways.
“These include farm-out to a strategic partner in pursuit of a carry towards a development proposition and/or accelerated, capital-lite production given the highly development-friendly location of Hickory-1 within the North Slope.
“Development of these reservoirs is anticipated to be via long horizontal production wells, with numerous production analogues elsewhere demonstrating many multiple times the flow rates achieved from vertical wells.”
Gilbert also told investors that a detailed evaluation of the test data will now be undertaken over the coming months, and that will result in a new independent contingent resource assessment for the SFS and SMD reservoirs.
Here's my riddle back to OW in relation to Pantheon, What am I?
Beneath the earth, a treasure sleeps,
Awaiting those who drill the deeps.
A venture's dream, so vast, so wide,
But funding needs must first abide.
I gather coins from those around,
To seek the wealth that's underground.
With every share, a hope is placed,
In frozen soil, where oil is traced.
Not gold nor silver do I keep,
But trust in ventures, bold and steep.
With open palms, I quietly ask,
To join me in this mighty task.
In markets' halls, my name is known,
Where future seeds of chance are sown.
I am the bridge from wish to real,
In finance's dance, I seal the deal.
What am I?
Bull "a low tolerance for misinformation"
- so you consider yourself a white night here to save all, even though most have told you they don't want saving, if you have an issue with misinformation then you maybe want to go and spend your time in any sector of the internet worldwide, or maybe parliament, or maybe challenging the FCA - but no you choose to be here, continually trying to find anything negative about 88e, whilst no one wants you here, so what does that make you.
So far, my message has been up for 30 minutes, out of hours and already has 5 people that agree with me. I think the greatest misinformation spread here is your own explanation of why you are here.
"Everyone hopes for a good result,"
- lol who are you kidding, no one falls for your rubbish, the greatest de-ramper on here and yet you don't even have an interest in it, indeed I don't give a hoot what you say, your actions tell me you are either;
1. A shorter
2. A nasty piece of work that was once burned by 88e and now uber bitter.
3. A nasty piece of work that even when just about everyone that has come across your posts here wish you to leave you hang about with your negative posts.
4. A nasty piece of work.
"In what possible scenario in the real world would you even imagine an OFS company say to themselves, “For X,Y,Z reasons we have decided not to enter into a vendor finance arrangement with PANR. Tell you what though, let’s instead try to come to an arrangement with PANR’s southern neighbour."
Ah but what about a partnership, why might they go to 88e first
1. the far lower market cap means the cost to participate would be far lower with 88e
2. the risk profile, having multiple irons in the fire in different parts of the world reduce risk.
3. the potential to reach a similar asset at a cheaper price would be attractive.
4. coming in to a fast follower that has not yet proved up all their land means for the partner they effectively pay at a first mover exploration rate, whilst already, (due to panr) have a higher COS%
sure there are many more though.
Seems all this talk is of PANR, should this not be discussed on the PANR board,.
OW do you have a reason why you seem to spend more time here than on your own investment, actually would you like that we move to the PANR board for this discussion?
Maybe I should recreate all these posts there, we can carry on the chat on the potential of a mega placing on the correct forum, I fee sure 88e investors have little interest in this.
Yes but I don't need you perspective, I have my own and like I say I think you will find I have already been the one to discuss and highlight the potential dilution at PANR. Indeed I would say that putting the potential to the PANR board that their shares in issue may double is giving some perspective.