88E 50.0% 0.3¢ 88 energy limited

Ann: Hickory-1 Upper SFS Zone Flows Light Oil, page-182

  1. 4,795 Posts.
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    ONE example to the oil game is FAR After about 6 big discovery's ,Which at the time where the biggest discovery of our time ,S/P RUN Big time .
    But then the sharks start biting ,NOW they got big all well ,it is time to work out how to get it out to sell ,The problem started ,no one would give them money ,So Here comes Woodside ,taking FAR for peanut .I believe 10%is what FAR ended up with plus cost CVN the same ,So what hope has 88E got ,A tiny fish in a big pond with hungry sharks .Any they will have years to wait before the real work starts ,How many c/r will the have till then .And to make matter worst .
    Then you got a consolidation maybe 100/1 before you know it back to 1c
 
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