Pro_S2009
29 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 Comments from the meeting from LSE: Newanda Today 22:40 On success, the strategy per tonight’s conversation would be to prove up the reserves. Flowing 100 barrels per day from this well would be a great outcome, and the intention would be to then come back drill a lateral and see if we can flow several 1000 per day. That plus a couple of other wells to test to the North and possibly to the East would help us prove up the resource, but with our share of drilling costs relative to our WI of 30% - so much less per well than previously. My take was that the strategy is to prove up the reserves similarly to how Armstrong and Repsol did, and Dave mentioned this a few times as well as the OS $3 per barrel when oil was at $45. So 2 years of proving it up, and then possibly a sale @$3 per barrel. The drill on success will be value accretive, but the real value will come over the next couple of years. Will require a little patience yet… Also talked a lot about the value of understanding the HRZ better with this well. I also got the sense that the HRZ data from this well will be critical to the strategy for HRZ forwards. If the data gives us positive data then great - and this will help us push it forwards. If the data does not support the HRZ hypothesis then it will cast real doubt on the HRZ commercial probability. Final point is the next Seismic will be shot hopefully winter 20/21 with the Eastern fairway the favoured target.
Pro_S2009
29 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 Hopefully by March there will be some more confirmed oil discoveries made. [link] .
Pro_S2009
27 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 Finfeed – 27 Nov 19 88 Energy says all systems go at Charlie-1 88 Energy Limited (ASX:88E) has provided an update ahead of the upcoming drilling of the Charlie-1 appraisal well at Project Icewine, located on the Central North Slope, Alaska.
Pro_S2009
26 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 PDF of todays news release in the link below: Upload Files Uploadfiles.io - 6A956835_88E - Copy.pdf Upload files, for free, securely, anonymously, without limits. @UploadFilesFree .
Pro_S2009
25 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 Good consolidation, 81 million shares traded. Lots of people who sold now looking to buy back in a bit cheaper, lots of people who purchased looking for the next rise - thats what consolidation is…need to keep hitting higher highs and higher lows. That makes for strong rises
Pro_S2009
23 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 Approval process continues: [link] .
Pro_S2009
22 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 And looking like Alaska North Slope is going to become a real hotspot focus as draft regulations now done. Big boys will expand and new big boys will want to get in. PMO obviously saw the potential, hence they farmed into Charlie-1 and also looking at farming into other blocks held by 88E. Success at Charlie-1 should mean PMO farming in further, or of course, another player coming along and buying out 88E. U.S. – 22 Nov 19 U.S. government releases draft proposal for expanded Alaska oil development Environmentally sensitive but potentially oil-rich areas of Arctic Alaska will b... .
Pro_S2009
22 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 On Bloomberg - message is being spread far and wide. sponsored.bloomberg.com Alaskan Oil Well Could Be 2020's Biggest An exploration renaissance is underway at Alaska’s North Slope basin — a region boasting a long history of successful oil discoveries. Renewed industry interest can largely be attributed to new technologies and exploration incentives leading to... .
Pro_S2009
19 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 ShareCafe – 19 Nov 19 88 Energy's North Slope Well Could Be One Of The Biggest In 2020 – ShareCafe An exploration renaissance is underway at Alaska’s North Slope basin — a region boasting a long history of successful oil discoveries.
Pro_S2009
19 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 We should see the staircase effect into spud…higher highs and higher lows… those selling out for a quick profit then paying more to get back in for the next rise mostly…some will time it right, most will get it wrong. I have been steadily accumulating since 0.7p and have many millions, not trading though, just let the value appreciate into Feb 2020. This is such a big well, an appraisal at that, with 7 stacked targets plus 1 HRZ at the bottom and we WILL get weekly drilling updates, so loads of news and an RNS on each target zone as it goes through it. What a wonderful Q1 2020 its going to be…
Pro_S2009
19 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 Next Oil Rush – 19 Nov 19 88 Energy Edge Closer to Spud Date on One of the Biggest Oil Wells of 2020 The countdown is on for the spudding of 88 Energy’s (ASX:88E | AIM:88E) fully funded appraisal well on the Alaskan North Slope. At the Company’s Project Icewine, the Charlie-1 appraisal well is on track for February 2020 drilling and it’s set to be...
Pro_S2009
18 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 November 2019 presentation released. clients3.weblink.com.au 02174284.pdf 7.34 MB .
Pro_S2009
18 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 New video of the Charlie-1 well to be spudded in Feb 2020. .
Pro_S2009
16 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 [link]
Pro_S2009
14 Nov 2019
88 Energy - Ultra High Impact Drilling Q1 2020 [link]
