Member Info for taximan57

Thanks Older, a slight shake but not definitive, but it does confirm that DH says lets wait and see and that both parties would have to be in agreeance. Interestingly he didn't say they weren't. I'm pretty sure I did not misrepresent that.

Also noted that he said he shouldn't share 88E analysis as that should be 88E to shareholders. Does that suggest he knows some or all of the results? Again my speculation but it does make it more interesting.

Could do with an update very soon though to help the SP along.

Mystic, it is partly relevant to 88E (and worth a listen when available) as they are our neighbours, using the same reservoirs, talking about cost per barrel, funding, timelines, potentials going forward, gas pipeline. All things that 88E will be talking about after a successful 2nd flow test and analysis of the reservoir(s).

Correction, it will be saved. I originally said it had been saved but on checking it is still the January one that is listed as latest.

David Hobbs and he was specific to a question that was asked about 88E. I also got the impression that it related to the gas pipeline but that is my thought. It will been saved on the PANR website under latest webinar but not as yet.

Did he not say that both parties would have to be in agreeance? Did he not say lets wait until we see what the flow results are? (or words to that effect) Shame on you for saying I misled when all I did was to repeat what was said.

About 4 yrs out for gas pipe line if approved, which again would benefit 88E

Also just said that if both parties were in agreement and subject to a successful 2nd flow PANR would be happy with a joint venture.

Just listening to next door, and they have lost one of their (talking to) potential partners/funding. Maybe that partner will start talks with 88E?

Ikhan do you have that on copy and paste?

Oops, mention HSG and his post disappeared, was meant for you MMO sorry

Grey box Filters apparently HSG

Older, registered so hopefully get to attend but I do have something on late afternoon. Thank you.

Thanks Older, not sure if I will make it but I appreciate the note. As far as I could make out it has a lot to do with future funding but for holders not to expect money in the bank. I could read that as farm out possibly to raise funds for development.

Thank you RBO, this is the one I seen a while back which explained the north south border and where 88E acreage lies. I noticed the latest video and PANR (Bob Rosenthal and David Hobbs) talk about the future gas line. They are in talks regarding supplying gas to lower Alaska, and my take on that is a positive for 88E or potential new owners of the acreage as at the moment they spoke of all that gas as a liability and if they do manage to create this outcome then 88Es 'liability' will also become a huge asset.

As for the timescale regarding drill and test it may prove the correct move waiting another year, gathering more information and people to do it correctly, we just wait for that result of flow test two and the reservoir analysis to confirm.

It's not like 88E have been sitting on their hands for a year either as they put in place a future biggie in Namibia, Leonis new acreage, Texas new acreage and new wells to follow, and saved on fees for the north slope acreage. Albeit paid for by dilution this has built the company and put them in a strong position to survive had there been no flow.

Older, apologies for asking under the header above, didn't realise until I sent.

Thank you for the knowledge buster, I think regardless of others, that even a non holder can contribute, it's just a shame that others don't have the same attitude and would rather talk down than explain.

I for one am guilty of some of Olderwiser posts, Redirons, as I have asked on many an occasion for an explanation of what he has said as through my ignorance I don't always understand. It also gives me a chance to gain as per his previous post. Not knocking you Redirons we just see things differently.

I'm guessing that PANR staff had a lot to do with the results Older, though I don't understand the over produced either. Maybe you could explain a touch to extend my knowledge?

Dealer, I think answering his post is what he wants but from what I gather many have binned him.

Questions I would ask him though, as I heard from another that PANR are a one trick pony (albeit struck lucky) but that 88E are invested in many pies with great potential, how can you truly price in all this potential? And are you still of the opinion that 88E are only a £52M company?

Brombarb, the reason the company gave was that the wanted to speak to experts to make sure they did the flow test correctly. As for this year's delay the rig was supposed to move weekend 17th Feb but they then said negotiations were complete on 17th which meant it could not move for a further week(end) due to road closing. After the testing started, which again was after they estimated, there appears to have been weather issues. This is now being the reason everything else is delayed. A continuous timetable fiasco which may result in leaving the site later (again) than expected. I'm not sure if delaying the flow for a year was the correct one but I am all for waiting on expert opinion. Delays with silence has been my gripe since 17th Feb. I noticed that someone pointed out that PANR did the drill and flow the same year but this is not the norm, it is usually over two years (according to PANRs own JC).

JC, I thought the point of registering a discovery was to give you borrowing power, are you saying its to sell?

I was aware Redbeardoil - 'Flyover during Upper SFS flow testing at Hickory-1 discovery well'.