88 Energy - Ultra High Impact Drilling Q1 2020 Here is a download link to the November 2019 Cenkos note on 88E, in PDF format. uploadfiles.io Uploadfiles.io - 88E_Cenkos_Nov_19.pdf Upload files, for free, securely, anonymously, without limits. @UploadFilesFree .
88 Energy - Ultra High Impact Drilling Q1 2020 New Cenkos note out today on 88E. Unrisked valuation of 47.8p a share. Extract of the Cenkos note below: Valuation - Drilling of the Charlie-1 well will be a defining moment for the Company, as it seeks to prove the conventional potential of the Project Ice wine acreage. We have updated our model for both the HRZ Shale and the Yukon Leases, whilst updating a full DCF model for the Icewine Conventional acreage. The result is an increase in our valuation and our price target to 4.8p and reiterate our BUY recommendation. Whilst the early stage nature of 88 Energy’s portfolio makes our valuation speculative, the upside potential is huge, unrisked, we value the 88 Energy portfolio at 47.8p per share or US$4.8bn.
88 Energy - Ultra High Impact Drilling Q1 2020 todayspaper.smedia.com.au Bets are on for striking oil in Alaska - Financial Review, 10/30/2019 Financial Review - 10/30/2019
88 Energy - Ultra High Impact Drilling Q1 2020 What is going to make 88E so exciting next year when drilling the Charlie-1 well is that they are ASX listed, and ASX rules mean they have to update drilling progress every week. Each target is going to have its own RNS…so with 7 stacked conventional and a final shale target, thats a lot of RNS when this is drilling…a lot of chances for the share price to go well up on any oil strike in any target. Finfeed – 15 Oct 19 88 Energy on track to drill Alaskan North Slope appraisal well 88 Energy Limited (ASX: 88E | AIM: 88E) has provided an update on the upcoming drilling of the Charlie-1 appraisal well at Project Icewine, located on the proven Alaska North Slope basin.
88 Energy - Ultra High Impact Drilling Q1 2020 [link] .
88 Energy - Ultra High Impact Drilling Q1 2020 88E quarterly report released on ASX. asx.com.au 449qczhj78vkq5.pdf 669.48 KB .
88 Energy - Ultra High Impact Drilling Q1 2020 [link]
88 Energy - Ultra High Impact Drilling Q1 2020 Good to listen again to this September 2019 interview with the MD : .
88 Energy - Ultra High Impact Drilling Q1 2020 Alaska Journal – 18 Sep 19 GUEST COMMENTARY: Many reasons for optimism about future of North Slope oil Alaskans worried that BP’s sale of its Prudhoe Bay assets to Hilcorp means Alaska’s oil and gas potential is waning can be reassured: Hilcorp’s growing strength is just the beginning of a new wave of investment and activity heralding a more energetic... …London-based newcomer Premier Oil, in partnership with Australian independent 88 Energy and Texas independent Burgundy Xploration, plans to drill this winter to further evaluate a block of leases called Project Icewine, 50 miles southwest of Prudhoe Bay. We’ve known since the 1960s this area holds potential for oil discoveries, and these optimistic independents believe they can bring this prospective area into production…
88 Energy - Ultra High Impact Drilling Q1 2020 Going to be a lot of churn as the recent placing shares at 0.7p are sold at 5% to 15% profits…but once that overhang is clear the upside is staggering. 480 MMBO net potential to 88E from Charlie-1. 480 MMBO x 4$ in the ground sale value is 1.92 Billion dollars. 1.92 Billion dollars divided by 6.332 Billion shares in issue is 0.3 US$ per share value or 23 pence per share… Current price 0.7p a share…upside from Charlie-1 well 23 pence a share… based on sale at 4$ per barrel on success. This ignores everything else the company has, including Shale rights, other prospect, other targets… Alaska has infrastructure and production, all the big players are working there already Repsol, Conoco Phillips, Armstrong etc… Is there any other stock that has this tremendous upside potential in Q1 2020 ? Nope…not in my view.
88 Energy - Ultra High Impact Drilling Q1 2020 Write up : Next Oil Rush – 15 Oct 19 88E to Drill One of The Biggest Oil Wells in The World in 2020 88 Energy (ASX: 88E | AIM: 88E) is gearing up to drill one of the biggest oil wells in the world in 2020. .
88 Energy - Ultra High Impact Drilling Q1 2020 Website : [link] Listed on UK AIM and Australian ASX Sept 2019 Presentation : [link]
Aberdeenman 88e… XXXX Placing last Thursday 12th Sept @ 0.7 … fell back to 0.66 not a good sign .
Aberdeenman 88e… XXXX YO YO this one lower than 0.64ptoday sharp drop @ 3pm .
Aberdeenman 88e … XXXXX RNS…Even bigger fall today on duster news… lows of 0.64p… 8.05 am Saw it early but to busy waiting for visitor to have a look until 10am when it had bounced back to 0.80p