88E 0.00% 0.2¢ 88 energy limited

Yes I thought it was good, particularly interested in the detail...

  1. 10,283 Posts.
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    Yes I thought it was good, particularly interested in the detail of the new Project Leonis tenement claims won at auction - so close to the Prudhoe Bay field and with historic pay. That should rerate when it is absorbed by investors.

    But the breaking news from Pantheon is what I was waiting for to hit the button on a double up.

    Pantheon Chief Exec. Jay Cheatham said today -

    “It is clear we have confirmed a huge hydrocarbon system at Alkaid; our job now is to optimize drilling and completions to maximise the potential commerciality of Alkaid ......"

    Buffett once said "An opportunity is not a missed opportunity unless it was obvious at the time" - well folks IMO this opportunity is now obvious.
    Being oil it is far from certain but if you don't have a position now you will soon miss the opportunity.

    GL take care.

 
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