88E 33.3% 0.2¢ 88 energy limited

ASX Today, page-9627

  1. 86 Posts.
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    I don't think that we will see the results for a few weeks. First they have to remove the diesel that was on top,of the seal, that was put there to,stop it from freezing over. Then after removing the seal at some stage they will remove any data loggers that were down the hole. They will open up the choke slowly so as not to dislodge any of the prop. Opening the choke up gradually until they achieve maximum flow. All of this will need to be analysed before any news on flow rates are released. They may also want to flow over a period of some time to see if the flow declines. There may be news on the pressure build up over the 6 weeks shut in before flow rates, depending on what other data was being collected during the shut in. But I don't see the news coming that we are waiting for, for a few weeks yet. This is why the traders are taking their profit. All imho
 
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