88E 25.0% 0.3¢ 88 energy limited

Ann: Operational Update - Significant Progress on all Fronts-88E.AX, page-135

  1. 5,998 Posts.
    lightbulb Created with Sketch. 525
    There is a further diagram I saw showing the well that GB? drilled (I think it was alcor 1/ could have been state 1) on a similar diagram with the well going down about where the 'B' in Barrow Arch is on this diagram. When I located the geo co-ordinates of the well it was about 10 kms from 88E boundary indicating that there was an area between the Arch and Brooks range that oil was trapped in by the arch uplift.

    I am not a geologist and bow to others much more knowledgeable than me. But my analyst brain can tie in lots of facts into a coherent picture and to me this and news from GB and 88E indicated that GB was too far north and 88E had the best acreage.

    That is why I am holding.

    NS cross section.png
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(25.0%)
Mkt cap ! $57.78M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $300.6K 150.3M

Buyers (Bids)

No. Vol. Price($)
22 34304539 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 588519431 162
View Market Depth
Last trade - 13.16pm 08/07/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.