Member Info for taximan57

Rabito, a laptop education ;)

Just listened dai2, fond memories ;)

I get that dai2, but I have never been an in and out, always long term and usually safer stock like banks, but we know what happened there :(

Was that based on the efficiency level gained of 20% against the norm of 80%?

Bring on the analysis for 88E flow test one and then we can talk.

Been diluted so many times I have lost count, however I am still invested in a company that has great potential and no debt, has a producing well with funds available when needed for expansion (Texas). I have also taken the opportunity to lower my avg to 0.69p when it used to be nearer 2p.

I have no issues with being diluted again, if it saves borrowing, and I am happy to consolidate as this will bring 88E into the aim of more investors. I'm not in a position to lower again as it would mean selling others I want to hold onto.

Dai2belts, those figures represent lateral flow of over 5000ft and only confirm 180BOPD. 88E is vertical at avg 42BOPD and could significantly increase after horizontal lateral. Not quite a fair comparison but as expected from some PANR disgruntled on 88E board.

Nice Mystic, and lets not forget other acreage in Alaska with great potential and over 1B barrels expected.

Older, as suggested I searched peak flow rate and I have to be honest I could not find one definitive description relating to oil, however I do now know much more than I ever wanted to regarding URINE and ASTHMA so thanks for that :(

I will continue but not today.

As for your puzzle, it's all hypothetical as until they do a full extended test they can only assume figures, as you have from the release, not absolute figures.

There is a flow, from one out of one so far, 2nd to be confirmed soon imo, and we know the rate will be 6-12 x with horizontal drilling. 6 Reservoirs to be utilised, PANR still looking for the 6th, so is it prudent to wait on the official release rather than make assumptions? I think I will.

This is what I mean about laptop education, questioning posts from non holders and learning by default.

Older, the release states that it reached over 70BOPD and would have increased had they not stopped the test at 111hrs, the avg may have been 42 naturally but my interpretation of this is that the figure of more than 70 would have increased to who knows what had they continued the test. Also as it was a small fracture the assumption again would be that the over 70 would have increased fracking a larger area, therefor the 70bopd is rightly used as the multiplier as the continuous flow would be at the that rate or higher.

Older, I have said before that I do not have the knowledge of you, Scott and some others, and I have no objection to comments or analysis, as I previously posted that it gives me an opportunity to check and learn. My point was, and this goes to all PANRs on this board, why? Why take the time and show bitterness to 88E holders when you clearly are not? I have never experienced the hatred sometimes, the language, the stupidity of some posters until I found this board.

I dont knock what anyone says if it appears factual, and if it doesn't to me I go and check if I can, what I cant fathom is the time spent knocking a share you don't hold.

I'm happy to be educated by you but when there is a release due is it really necessary for you (collective) to suggest lies coming from 88E, or that your oil is better than their oil, or badmouth genuine holders just because you can?

As previously mentioned I hate delay and went on about it too much and decided to stop, same goes for comments about you lot as I will try and curb my replies as it just appears childish to argue with a poster I don't even know.

Impressive analysis of the release Older, but surely natural flow is less than nitrogen supported flow, which could be manipulated to a higher degree so giving a greater bopd flow rate. And assume that this 42 avg was based on a small part of the reservoir being fracked so again a larger area could produce a larger avg.

Lets not forget the natural gases that also appeared and during a standard pressurised flow would be sorted and measured more accurately giving a real value of gas to surface. Or used to return to reservoir to promote pressure to maintain a higher avg of oil per day.

It's like reading a text book, some people get it and others don't. Reading back my scenario sounds plausible to some, even to me, but it's hypothetical bullsh*t. Just like when I was reading your breakdown, it sounds plausible and you do use information previously released, but is it true, is it fact, is it a text book assumption?

Some will believe you and some will not, so I suggest leaving it to the experts, wait on the update and let people compare your story to reality and ask the question why would you go to such lengths to belittle an expected company changing release when you dont even hold any shares?

Happy to ignore him Redirons ;)

That is the whole point of the analysis Mint, due soon or possibly waiting on 2nd flow result before releasing. Either way it is flowing from test one, but I guess you are a disgruntled PANR man, no other reason for you to be here. Just hold your breath and suck it and see what happens.

Welcome aboard caffrey. Nice end to ASX with above avg volume and up 16% so lets hope this continues in UK.

So glad you came on here to tell me Hammer, if it's obvious what should the price be? Please remember that we don't have all the information, an update should be imminent, and the 2nd flow test is being done as we speak, which will also need analysed. But don't let that stop you if it's that obvious just go ahead and tell us.

I agree, too much attitude from Tommy-T, instant dislike. Maybe he didn't lie and maybe he did hear a rumour but to then turn around and and belittle people for not listening to him about making easy money, especially after the fact, is totally off putting.

Just caught that Brombarb, nice one :)

I went to open a shares ISA with my bank but didn't realise they sold your holdings to then buy back rather than just transfer, so I opened a new shares ISA with new 88E at 0.24p

Only concerns you if you are based in UK Mystic

You better shout louder then, the SP is dropping