88E 33.3% 0.2¢ 88 energy limited

Today 20:56 Price: 0.56 sharehead the rig, err, needed...

  1. 309 Posts.
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    Today 20:56 Price: 0.56
    sharehead
    the rig, err, needed maintenence ..

    The rig needed maintenance honest, it wasn't we needed to slow it down before the auction....

    --------------------

    Rns states....

    "The acquisition of the additional acreage was considered strategically important ahead of the results of Icewine#1 as we feel that we have a competitive advantage in identifying where the play may work. The low oil price also meant that competition was scarce, resulting in an opportunity to create maximum leverage for our shareholders." (note, results NOT wanted before auction)

    And lets not forget the Rns goes onto say....

    88 Energy remains well placed ahead of the completion and evaluation of the Icewine#1 well, which may shortly reveal huge unconventional resource potential at Project Icewine."

    Read between the lines !!


    Any success at Icewine#1 will result in substantial industry interest, which we hope will lead to a highly accretive farmout in
 
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Last trade - 10.07am 18/09/2024 (20 minute delay) ?
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