88E 20.0% 0.2¢ 88 energy limited

Ann: Operations Update, page-45

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  1. 3,090 Posts.
    lightbulb Created with Sketch. 5881
    ...they found oil
    ...thicker target intercepted at a depth lower than expected
    ...additional H/C horizons found
    ...read@Ya post for what the rest of it means

    now for the things that have not been commented on:
    ...Harrier CoS will increase
    ...Harrier to be drilled in 2022

    Im still confused with the well cost narrative.
    ...So farminee will pay FIRST $10M of the cost of this well to get their 50% of the whole project (Merlin and Harrier); but 88E has been shelling out solo to date?
 
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