88E 33.3% 0.2¢ 88 energy limited

the next phase, page-15

  1. 2,708 Posts.
    lightbulb Created with Sketch. 235
    Best plausible info is on the LSE from Phrontist


    Mud is also used to provide hydrostatic pressure to prevent formation fluids from entering the well bore. It helps control pressure by offsetting the hydrocarbons pressure and the rock formations. Weighing agents are added to the drilling fluids to increase density which in turn controls pressure on the well walls.

    This last use seems to be the use which 88E will be needing. It is nice to know the pressure is so high in Ice 2 that the mud will be needed to control the oil pressure.

    Everything points to a Wopper on The Day.

    The permit dates may be for mud use, so delivery can occur beforehand. END
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(33.3%)
Mkt cap ! $57.78M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $13.08K 6.540M

Buyers (Bids)

No. Vol. Price($)
180 274719807 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 598652701 202
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.