88E 0.00% 0.5¢ 88 energy limited

Interesting that this was based on, "reprocessed 2D seismic...

  1. 8,574 Posts.
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    Interesting that this was based on,

    "reprocessed 2D seismic data, basin modelling, petrophysical analysis of publicly available wells and historical geological
    records."

    Especially when they are paying a considerable amount for the 3D seismic. The previous wells marketed and drilled based on 2D seismic and historic wells have come up empty. Hope they can nail down a successful location once the 3D is analysed.

    "Full interpretation of the recently licensed FB3D data is ongoing, including AVO analysis, to define ‘sweet spots’ for each play and determine optimal future exploration and appraisal drilling locations, the
    first of which is planned for 2023.”

    This feels like an early marketing campaign for a CR, I'm about to read the Half Year to gauge that and assess where my buy will be.

    Happy hump day.

    Happy EKKA public holiday.

    Just my thoughts.

    Cheers
 
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