88E 0.00% 0.2¢ 88 energy limited

I refer to the RMP-88E-PANR, a diagram/table of drilling...

  1. 261 Posts.
    lightbulb Created with Sketch. 39
    I refer to the RMP-88E-PANR, a diagram/table of drilling schedule, which shows:

    23 February to 27 February drilling between 3,000' to 4,800' passing through potential oil zone formation SeaBee between 4,000' to 4,500'. 

    28 February to 1 March there is an  8.5" hole, but no drilling is indicated.

    2 March, commence drilling from 4,800' to 5,200' passing through potential oil zone in Nanushuk 5/4 formation.

    3 March to 5 March, continue drilling 5,200' to total depth passing through potential oil zone in Torak [sp?] Formation

    8 March begin: Wireless, 7th Casting, ......

    I believe,  the announcement contains a mistake which is causing shareholders' confusion in interpreting the announcement.

     "The Winx-1 exploration well intersected a zone of interest in the Nanushuk Formation between4,460’ and 4,530’"  (This does not align at all with the RMP-88E-PANR diagram/table.)

    However, by replacing Nanushuk Formation with SeaBee Formation, the announcement would align reasonably well with RMP-88E-PANR.   

    Bos
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $57.78M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $59.97K 28.45M

Buyers (Bids)

No. Vol. Price($)
385 448921908 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 577454273 149
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.