88E 50.0% 0.1¢ 88 energy limited

10c reality or dreaming?, page-32

  1. 13,575 Posts.
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    WOWWW thanks for that Rac !!!!

    "A short while ago, 88E came out of the trading halt, telling investors that testing of the core for thermal maturity indicated the shale was in a volatile oil and wet gas window.
    The company said this meant there was likely a higher liquids to gas ratio.
    “This enables higher flow rates due to low viscosity whilst also maximising liquids production and driving better economics,” it said.
    Further, it told shareholders that integration of the thermal maturity data into previous mapping of the thermal maturity fairway across 88E’s Icewine acreage meant that a “majority” of the project was within a sweetspot.
    Given this, 88E said it would now move to update its Independent Resource Report for the project, which will incorporate the permeability, porosity, and the new thermal maturity data."

    Hells Bells. This just gets better.
 
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