88E 0.00% 0.3¢ 88 energy limited

When reviewing (anticipating) the 2022-23 drilling season,...

  1. 102 Posts.
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    When reviewing (anticipating) the 2022-23 drilling season, remember that the proposed well is near the Dalton Highway. This will result in a dramatically lower overall cost for drilling. Building ~100 miles or so of ice roads in NPR-A is time consuming and very expensive. That won't be an issue this year. Spud date should move forward on the calendar accordingly. So, the calendar dates for significant increases in share price experienced during the last two winters may be on a very different schedule this winter. I serious doubt that this year's well will turn 88E into a meme stock as was briefly the case with Merlin-1 two years ago. Nonetheless, a successful drill and oil test close to Pantheon's leaseholdings could put a tiger in 88E's tank, so to speak.

    My billfold is where my mouth is. I'm very long and looking forward to the ride ahead.
 
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Last trade - 11.40am 06/06/2024 (20 minute delay) ?
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