you're all in the clouds a little 88e will not announce an...

you're all in the clouds a little

88e will not announce an oil discovery soon!!! they will update if logging and other data warrants them to do flow test for oil flows...that's all..

low case 40mbbls oil
best case 240m bbls recoverable

forget the 650mbbls...that's a mean number based on nothing....work on between low and best case

140mbbls say they get a good average case

70mbbls oil in place net 50% to 88e

recoveries of say 50%...= 30mbbls

then you need 2 more appraisal wells to prove this certified....this well will probably not...its not a producing well!

88e will need to do extended flow testing to prove up and valid certified reserves

then you need billions or a partner to get the oil anywhere remotely to production units

so farm down coming or placement

and the location is so remote

Willow is a decade away....

enjoy the ride...but at these values unless this flows big its very expensive

if logging indicates that testing is not warranted...it's all over..and stock trades sub 1c

chance of success is 37% they say

the stock has priced in already big success!!!!

but if they say logging indicates testing is warranted it may get a reddit pump....

good luck all...this may sting