88E 25.0% 0.2¢ 88 energy limited

Ann: Final Drilling Update, page-19

  1. 3,935 Posts.
    I'm happy with the news. It's a good result at this stage and indicates that we have a large unconventional oil field with an underlaying conventional oil deposit.
    Next is to be patient whilst we do testing and finally do/buy some 3d seismic and plan our next wells possibly farming down to a stronger partner.
    DW and his team have a very busy 6 months ahead, but they are cashed up and everything is going their way.

    Happy/prosperous New Year to all,
 
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