88E 0.00% 0.3¢ 88 energy limited

Ann: Final Petrophysics Upgrades Charlie-1 Net Pay, page-21

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  1. 5,315 Posts.
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    Once again Older in total agreement. Spot on post that’s how I see it as well. Porosity still too low to get the important flow imo. Charlie no chance to flow oil only chance is with gas and water. Premier knew this and bailed. However 88 will pump it to death in every announcement, spare me !!!

    Plus we won’t see this drilled again in next couple of years in any case. Never come up with another 20 mil to drill. So it’s clear to me IMO as I posted before oil rush and 88 all in pump mode to get SP up for CR which again in my opinion is a bit deceptive and misleading when not supplying a professional expert 3rd party. Just hoping to capitalise on well over a billion new holdings who are oblivious to 88’s terrible past track record. Seemed to have worked. Lol.

    To be honest does anyone believe what 88 actually come up with WRT oil shows, data and flows. They haven’t had successful oil flows since IW1 5/6 yrs sorry but see this latest pump and part of 88’s DNA script for the cycle they are in imo. All about the CR. Only FO and drilling plan is justified to see SP increase in my opinion not Charlie.
 
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