88E 16.7% 0.3¢ 88 energy limited

Ann: Hickory-1 Upper SFS Zone Flows Light Oil, page-119

  1. 10,198 Posts.
    lightbulb Created with Sketch. 2593
    They are AI trolls - note the first post.
    3 one liners linked by ............... then his second post just one one liner. That's all they do. No logic, no research just idiotic one liners from a memory bank.

    But moving on @AussieBecstar - your calculation missed on important metric 'They only perfed 12 ft of the strata' - so flow over the whole strata would be several times that !! Why did they only do 12ft ?

    To answer I have been looking again at the perforating cannons used to produce the holes for the oil to flow. Here is a site with a description. Maybe not the best description, but it worked for me.

    https://msipipeprotection.com/what-is-a-perforating-gun-and-how-does-it-work/

    So I'm guessing - the cannons come in 12 ft lengths, and because of time constraints they only blew one.
    Maybe there is a lot of clean up to do before they move up (say 36 ft) and blow another ???

    Anyway I am taking the 70 bod number as over only a part of the SFS strata.

    Very happy to hear from an oilman.
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
-0.001(16.7%)
Mkt cap ! $86.67M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $15.26K 5.250M

Buyers (Bids)

No. Vol. Price($)
595 875880772 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 639566187 135
View Market Depth
Last trade - 12.11pm 20/06/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.