88E 33.3% 0.2¢ 88 energy limited

On top of the above.... I am confused by the next bit in the...

  1. 283 Posts.
    On top of the above....

    I am confused by the next bit in the announcement where it talks about having trouble recovering the frack fluid. Is this bad? - I am confused as to why pressure and porosity seem high - yet we are struggling to recover the frack fluid and are seemingly having to do an 'artificial lift'. Is the pressure being lost higher up the reservoir?...

    Is it simply a case that frack fluids are much heavier than hydrocarbons so are more difficult to recover?
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(33.3%)
Mkt cap ! $57.78M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $20.35K 7.617M

Buyers (Bids)

No. Vol. Price($)
135 201474331 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 597640393 190
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.