RE: Calm before the storm27 Nov 2020 13:49
"The net potential to 88E in the Lima Fan System was estimated internally by 88E at around 100 million barrels prior to the drilling of Charlie-1. With this large independent upgrade and the recent increase in working interest in the leases, this potential has now improved to almost 900 million barrels net to 88E - an outstanding result for our shareholders. Resources of this size are why we are operating in Alaska and we are on the cusp of drilling at another similarly sized opportunity at one of our other projects, Project Peregrine."
Farm out news now due, then 2 drills to follow shortly. While the second farm out gets negotiated.
Happy Friday all, happy to have accumulated alot and I believe we will soon leave this level after farm out news, and continue to build towards drilling in February for major targets.