88E 20.0% 0.2¢ 88 energy limited

Definately no expert, but this is hugely positive. From my...

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  1. 2,114 Posts.
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    Definately no expert, but this is hugely positive. From my layman's interpretation, they now have sufficient insight from down hole logging that they do not need micro-stims to refine the frac design. They appear very confident on the 'fraccability' and what that will do for oil flow. This is indicated by the fact that they have identified that the most oil saturated zones have a consistent stress profile and have pre-existing planes of weakness. And to top it off, pore pressure seems higher than expected.

    Let's see how it flows. The signs are getting more promising. 50%??? Yeah right!!
 
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