88E 50.0% 0.1¢ 88 energy limited

Alaska North Slope Lease Auction., page-44

  1. 6,130 Posts.
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    Overwhelming support was shown by new and existing shareholders for the Placement and our
    strategy at this exciting time for the Company.”

    THIS COMMENT IS ENCOURAGING from the placement announcement

    "88 Energy remains well placed ahead of the completion and evaluation of the Icewine#1 well, which
    may SHORTLY reveal huge unconventional resource potential at Project Icewine.”

    Any success at Icewine#1 will result in substantial industry interest, which we hope will lead to a
    highly accretive farmout in 2016.”

    I think 88E has struck oil from the comment made

    GLA
 
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