88E 33.3% 0.2¢ 88 energy limited

Ann: AGM Presentation, page-5

  1. 5,221 Posts.
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    Let's hope a full flow test of all plays is done and early in the season and doesn't encounter delays in booking a rig so we don't encounter again another rushed well like the last well. Or will the conservative new planning approach continue since Merlin 2, Hickory which failed to excite the SP and only flow test the easier higher pay zones and again drag this out until 2025, then do the more expensive and complex horizontals after again taking many months to reassess as don't want to damage the well.

    We might not see our SP boom next drill imo if 88 don't -

    1. Improve bigtime by their last well mistakes imo by communicating a lot better to the market (hope they learnt a valuable lesson imo).
    2. Do a full flow test of all pay zones and early in the season.
    3. Sort out any CR early, that's a real concern as we still don't know a date of rig booked and all the details as yet almost mid year and season opens in Nov.

    Just saying my concerns going off past 2 wells which failed our SP, as everyone is saying we have a new planning mantle now, this has to improve imo....... Good day to all!!!
 
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