88E 0.00% 0.2¢ 88 energy limited

Ann: Hickory-1 - BFF Maiden Contingent Resource Estimate, page-21

  1. 494 Posts.
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    To further clarify: Companies don't spend millions of dollars drilling a hole and not testing it if it's viable and is classified contingent, unless they see it as a risk. 88e are suggesting that because the bff is viable on PANR leases it will be on Hickory. This is not the case - That is why you do a flow test.

    I assume they just want to farm out for peanuts or just do the sfs smd to reduce horizontal cost IF flow test is OK
 
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