88E 0.00% 0.2¢ 88 energy limited

I'm with you and Bill. I think the news will be positive. I...

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  1. 78 Posts.
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    I'm with you and Bill. I think the news will be positive. I think Biden's goal is to be carbon neutral by 2035 and they believe that the existing leases will be sufficient to see them through.! The Executive order is for the temporary halt of NEW oil and gas leasing in the region.
    There could be an issue going forward, in that in the last round of leasing auctions on this land, no major oil companies submitted bids after the major Banks pledged not to finance the operations, so only time will tell but I think our exciting little company will get the approval to proceed.
    I'm not sure how these orders affect our other projects, again I expect we will have clarity on that in due course. It's been an exciting 5 years ha.
 
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