88E 0.00% 0.2¢ 88 energy limited

Ann: Project Icewine Conventional Farmout Update, page-58

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  1. 9,581 Posts.
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    Morning all,

    Is anyone else thinking that the latest announcement on the 6/8/19 about the Exclusivity Agreement and the $500,000 payment to facilitate incurring of initial agreed costs associated with the 2020 drilling program

    http://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=6940059

    Should have come before the announcement on the 26/6/19 about the Board Sign Off, Working Interest transfers and Well planning and permitting required for 2020 drilling now ramping up.

    http://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=6934732

    Just doesn't make sense to me for the Farminee board too approve and sign off on a deal, working interests amendments and permitting ramping up if there wasn't already some form of Exclusivity Agreement already in place.

    Anywho, life rolls on, hope all are well.

    Cheers happy Thursday.

    Or am I reading to much into this and should just be happy with the progress?
 
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