88E 0.00% 0.2¢ 88 energy limited

It is hard not to be optimistic with the following (courtesy of...

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    It is hard not to be optimistic with the following (courtesy of Mr Selfridge):

    Thermal Maturity: Volatile Oil: High rate, recovery and performance.
    GRI Matrix Permeability: >10 x Eagle Ford: Very Good for volatile oil resource plays.
    Gross/Net Pay: 197’/186’ : Tier 1 net to gross ratio of 94%.
    Effective Porosity: 12.6%+ : 30% Higher than Eagle Ford.
    TOC: 3.7%+(wt basis): In line with highly commercial resource plays.
    Clay Content: 38%: Analogous to Marcellus/Haynesville.
    Hydrocarbon Saturation: 75% : Consistent with WORLD CLASS resource plays.
    Bottom seal: Effective: Allows for overpressure and volatile oil phase.
    Pore Pressure: 40% above normal: Essential for commercial production.
 
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