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0.2¢ 88 energy limited

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rodrod1

249 Posts.

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29/03/21

09:26

Post #: 52102751
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Originally posted by moneymen: ↑

- (“LWD”) indicates multiple potentially hydrocarbon bearing zones have been encountered

- Merlin-1 well, was encountered~600’ low to prognosis and is interpreted to be ~500’ thicker than that encountered in the wells drilled
into the Willow Oil Field

- Oil shows were recorded over multiple intervals

- One of the prospective horizons in Merlin-1 did have substantially elevated total gas

- Fluorescence was also observed in the drilling mud (“pops”) accompanied by a petroliferous odour over three of the target intervals. Significantly, one of these intervals is interpreted to be part of a, potentially separate, sand package that is also present in the Harrier prospect.

Lots of little gems to be liked in here... on there own they offer the holder some confidence but when held together they paint a very encouraging picture indeed. There is something down there worth taking a better look at ... we can smell it

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88E Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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Last 0.2¢		Change -0.001(20.0%)		Mkt cap ! $57.86M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
120	126398265	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	655492563	235

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No.	Vol.	Price($)
119	126023265	0.002
471	1206689533	0.001
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Price($)	Vol.	No.
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0.004	182539740	115
0.005	54389555	44
0.006	46508654	35
0.007	86535608	26

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