88E 33.3% 0.2¢ 88 energy limited

Ann: Farm-in to Namibian Oil and Gas Acreage - PEL93, page-5

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  1. 83 Posts.
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    This could actually be a master stroke for 88e. I know we all hang out hat on Alaska which has never truly delivered, hopefully that will change soon by the way. At the moment we are governed by seasons and permafrost, be nice to have an interest somewhere that doesn't. Can't argue this is an oil rich area and could provide us with all year round opportunities. Obviously there is a funding issues but we are an explorer and that will always be the game. You never know that may change one day. Nice to have a selection of hats and on paper the deal looks pretty cheap for 88e to have substantial acreage in what could be a huge play. Got to be better than being a one trick pony. Time will tell, all Imho.
 
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