88E 0.00% 0.2¢ 88 energy limited

LSE tonight, page-12959

  1. 2,158 Posts.
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    Hmm, the barrel numbers are still merely estimates:

    "Consultant ERC Equipoise, in January 2020, estimated some 645mln barrels of ‘mean’ prospective resources for the Merlin feature. At that time, ERC pencilled a low-case estimate of 41mln barrels and a ‘high-case’ estimate amassed some 1.46bn barrels.ERC’s ‘best’ estimate was of 270mln barrels and it estimated the geological chance of success at 37% (which is a comparatively high marker for greenfield exploration projects)."

    What’s next for 88 Energy Ltd as shares soar on early well results in Alaska (*.co.uk)
 
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