88E 20.0% 0.2¢ 88 energy limited

Ann: Alaska Projects Update, page-78

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  1. 9,489 Posts.
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    Phrontist,

    Considering the fact that PB and 88e didn't know where to land the horizontal and weighed up the cost benefits of the plan as a JV would do, remembering PB is the Guru of unconventional shale plays, you're suggesting that it would have flowed regardless.

    I doubt 88e shouted down PB in the change to a vertical due to the cost, if it was a guaranteed gusher.

    How about consider for a minute that the HRZ will never flow any oil and 88e have made the correct decision to move on, as any company must do when faced with limited options.

    Posting between flights so must run.

    Cheers
 
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