88E 20.0% 0.2¢ 88 energy limited

Ann: Successful Placement to Raise A$9.9M, page-80

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,329 Posts.
    lightbulb Created with Sketch. 3302
    Of course not as they will drag this out over 3-4 winters imo who wouldn’t, earning almost a mil a year. Lol. We wouldn’t be a lifestyle company if we were to flow test the BFF as well.

    But on a serious front 88 are taking a conservative approach of flow testing the higher less risky zones. If we’re to do all 3 there is a greater chance of damaging the well integrity, even though the big tiers can successfully achieve all zones. 88 haven’t got a proven record and let’s be honest they just found oil since 2014, let’s not stuff it. Lol. Also if not for PANR imo we would still be drilling in no man’s land with sheet 2D data. Just feel 6 months to release tenement is a bit generous to Burgundy for messing us about.
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.