Companies in the wings, possibly watching, looking for optimal moment to pounce:
Oil Search, ExxonMobil, Conoco Phillips, Haliburton, even a return of BP.
The strategy for 88Energy was always to explore, de-risk, sell on.
After selling XCD Umiat, we still own a vast area of leases with known massive oil reserves / resources.
And the North Eastern region of Alaska is safe, has State support, low taxation, keen on developing local employment opportunities.
Phrontist
EFFECT on SP post SPUD DATE Anns, page-13
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $72.33M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $1.792K | 890.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 87 | 91407420 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 635143655 | 234 |
View Market Depth
| Last trade - 14.54pm 27/09/2024 (20 minute delay) ? |
| 88E (ASX) Chart |