Great post. Totally agree with the last paragraph all about...

Great post. Totally agree with the last paragraph all about vision and what has to be planned for and the risks involved. Let’s just see what 88 plans to do going forward.

They have to have quality 3D for all future wells and eventually plan for a gravel hub if they ever want to be taken seriously and grow this company. They cannot continue any longer by doing 1 well towards the end of winter and NOT completing all aspects from drilling to flow testing each time they raise $20 mil. Then have all year access due to close proximity to highway.

The big restrictions here is the cost to build a hub and drill/stimulate multiple wells will cost well over $100 mil. So those thinking we are now a mid tier player think again. We are only just learning the game after many past years wandering around Alaska. Might be best to flow test and sell Hickey off and use this capital to achieve a sensible LT vision if unable to secure a JV.