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Producing property big MAYBE worth $600,000,000 would be a miracle
Don’t let the shares outstanding scare you
Management maybe stealing jmo speculating,
The other property did not drill enough lower probably
In a few months the stock price could be really high
Management take this to dollarssssssss
its not going to happen, dilution time.
A property can be worth $600,000,000
One good news release away from stardom.
Don’t let the shares outstanding scare you
Cop buy us while we are cheap, you never know what could happen with the stock price
$600,000,000 a property can be worth
Opened lower and hit 0.0058
GOLD and ERL = best to buy low and HOLD
All ready made my move. Don't see it happening. BUT If it should!
& Looking at all the other results. May buy back in after the finders fee.
GOOD luck!
What happened to the last drill ?
I haven't been following
All right, +12% at ASX ... https://hotcopper.com.au/asx/88e/?keywords=88E
This is it guys if the next dill site doesn’t produce great flow of out this company is finished.
lol they just don't WANT to understand.
Over 6 million shrs traded today. And they can't figure out that $25,000.00
dollars of it. Was a one man operation.
re: striking oil
$EEENF
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If you call issuing 2.1 billion shares striking oil, then yes they struck pay dirt alright. But that's just the managements pay dirt. Not ours. ****************************
Four attempts to explore and drill prospects for oil over the past 5 years and what did they come up with? Mud. The only decent news, the only hope anyone has here (myself included) is possibly sharing in the good fortune of their neighbor Pantheon. That is a slim hope of piggybacking on Pantheon's results but it's just about all the hope we have right now. By the way, that was also the dream of the previous dry hole that $EEENF drilled. They didn't even complete the spudding before throwing in the towel on that one. Perennially lackluster exploration results while adding 4.5 billion shares to the SS while I've been here has been dispiriting. Handing out hundreds of millions of free air shares to know-nothings like Dave Wall and Ashley, guys who don't the difference between WD-40 and Johnson's Baby Oil is getting tiresome.
So far, the only oil they've 'discovered' is the kind already in barrels, i.e. Longhorn, TX. You don't need to be an 'exploration company' to do that.
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$EEENF
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Good news?
Then again. Thats all it is. NEWS!
$EEENF >>> Investor Update of 88 Energy Limited!! https://wcsecure.weblink.com.au/pdf/88E/02579759.pdf
$EEENF >>> General Meeting of 88 Energy Limited! https://wcsecure.weblink.com.au/pdf/88E/02580100.pdf
@geodesrock49$EEENF $88E $POQ #Alaska #Oilandgas #oil #88Energyltd ASX Announcement 10-10-2022 - OCTOBER INVESTOR UPDATE
— UFO Pilot (@GeodesRock49) October 9, 2022
Announcement Link: https://t.co/pqNrJC9rc1
Includes items such as: pic.twitter.com/nzj03fqpXg
$EEENF ... Longhorn was a good investment...by end of 2023 ...9m in revenue!
Hickory has a high probably of striking oil...2023 may be a good year for 88E
$EEENF new announcement ... hotcopper.com.au/asx/88e/?keywords=88E
Thursday the 13th should shed some light. Hoping to see the end of Qtr. results.
Drilling for OIL IN Alaska could prove out to be very expensive, plus a feeder pipeline to the Trans Alaska pipeline--- where a pumping station or more are required
well it looks like they want to add about two and a half or 3 billion more shares
Nah,bet it's not. That daily fee theory went around when I owned this stock in early 2021 but it wasn't true then. Back then it was a flat $15.00 when you bought and the same when you sold. There was no daily fee or I wouldn't have bought in the first place.
Between that foreign fee and the regular commission it's ridiculous. Lot's of other stocks that won't cost $101.00 to buy and sell them. With those rates this ticker won't run like it used too.
Not too bad. Mine was 36 X not including the TDA fee. / $800.00 give or take.
You can call me nuts! But for some strange reason. Think it may do this stock some good. Best of luck to all.
Still 50$ with td fee. Or more.
Called TD…The new fee is in alignment with what Schwab charges whom they r merging with…Merge should be complete early next year…I believe the $44 is a daily, not per trade fee
Thanks west!
My thinking . There way of keeping the little guy out of the picture. I need to pay better attention. / GL
Had to check my transactions from 2021 and yeah,they charge that fee on both buying and selling. So....on TD it would be $88 plus the usual $13.90 for buying and then selling.
Total fees + commission will be...wait for it!! $101.90 on TD.
Believe it or not there are other brokers charging MORE than the $44.00 fee. Funny on that stock there isn't the Reg fee,so you save about $6.00 there.
lol Still have a few from some left over paper.
When I started buying few yrs back there was no foreign fee. Or mat least they didn't hit me with it un till last year. Still bought some but was pretty much done by then. Can' t help to wonder what is going on behind the curtains fort this to take place. Good chance it may very well pay off. The fees are with reasons.
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88 Energy Limited (ASX:88; AIM 88E) has advised that pre-spud operations are now entering the final phase as Rig 111 makes it way to the drilling location for Merlin-1, and that the spud date is now scheduled for next Monday, 8 March.
The Merlin-1 well will initially be drilled to 1,500 feet, then surface casing will be installed and the Blow Out Preventer System tested.
This is expected take approximately one week to execute, after which the well will be deepened through the target horizons in the Nanushuk Formation to a maximum total depth of 6,000 feet.
The Merlin-1 well is scheduled for spud in early March 2021 and is targeting 645 million barrels of gross mean prospective resource.
Logging while drilling and mudlogging will provide initial indications as to the prospectivity of the well during this part of the operation that is expected take three to five days.
A sophisticated wireline logging suite will then be run, including sidewall cores and downhole sampling.
Wireline logging is expected to take five to seven days, and if the results are encouraging, then the well will be completed with casing and a flow test conducted.
The drilling of the second well in the program, Harrier-1, remains subject to permitting, Merlin-1 results and weather/schedule.
Commenting on progress and outlining what may lie ahead following Merlin-1, managing director Dave Wall said, “Pre-spud operations are now entering the final phase as Rig 111 makes it way to the drilling location for Merlin-1.
"Success at Merlin-1 could yield over 300 million barrels net to 88E and open up further prospectivity at Project Peregrine (see above), in addition to unlocking the substantial proven resource at the adjacent Umiat oil field, which is 100% owned by 88 Energy.
"Metrics for discovered oil were demonstrated by the late-2017 Oil Search (ASX:OSH) transaction where US$3.10 per barrel was paid in a low oil price environment for an interest in the Pikka Field, a discovery in the Nanushuk Formation.
"Success at Merlin-1 would be transformational for our shareholders and we look forward to providing further information on operations over the next 4 to 6 weeks.’’
https://88energy.com/
https://www.facebook.com/88EnergyLtd/
This section maintained by Pro-Life - DO NOT EDIT OR ADD HERE UNDER ANY CIRCUMSTANCE PER MODERATOR TOS:
NEW on YT: Project Peregrine - 88 Energy - 10.18.2021
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166410430
https://wcsecure.weblink.com.au/pdf/88E/02495881.pdf
88 Energy trades on 4 global platforms:
Australian Stock Exchange (ASX), London Stock Exchange (LSE) German Boerse (DAX) and otcMarkets:
Check ASX action: https://www2.asx.com.au/markets/company/88e
Check German Boerse action: https://www.boerse-frankfurt.de/equity/88-energy-ltd
Check LSE action: https://www.lse.co.uk/SharePrice.asp?shareprice=88E&share=88-Energy
Check otcMarkets action: https://www.otcmarkets.com/stock/EEENF/quote
Convert AUD to USD or British Pounds to USD: https://www.bankrate.com/calculators/investing/currencycalc.aspx
Lots of 88E coverage: https://www.nextoilrush.com
A Quick Guide to Knowing What You Own as an Oil Investor: https://katusaresearch.com/not-oil-created-equal-quick-guide-knowing-oil-investor/
Share Structure per the company website: https://www.88energy.com/capital-structure/
Newest Investor's Presentation released 9.1.2021:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02417008-6A1048649?access_token=83ff96335c2d45a094df02a206a39ff4
Going debt free... the greatest 88E announcement to date - 6.21.2021!!!
Via e-Mail...
88 Energy Limited
Sale of Tax Credits and Full Repayment of Debt
https://wcsecure.weblink.com.au/pdf/88E/02386132.pdf
Page 16 from financials released on 10.8.2021 - https://clients3.weblink.com.au/pdf/88E/02405874.pdf
MUST SEE >>> DO NOT MISS <<< IMPORTANT
HUGE Twitter DD thread... 88E ROAD to success exists:
http://twitter.com/StevenStocks5/status/1432107880598102023
88E Due Diligence Collection from PokeStonksTrainer (@HarisRad88):
https://threadreaderapp.com/user/HarisRad88
Must see DD (88 slides of light sweet crude):
https://drive.google.com/file/d/101BYeTf-8hs5vtSbDRNk0jFxFjtvkl1r/view
For future reference going into 2022 and the BLM - from WOOFERHEAD:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165866733
https://www.proactiveinvestors.com/companies/news/963322/88-energy-updates-on-operations-as-it-sits-on-comfortable-cash-pile-963322.html
https://www.reddit.com/r/EEENF/comments/t1f0iu/alright_folks_lets_get_something_straight/
https://finance.yahoo.com/news/88-energy-limited-asx-88e-230414601.html
doinit Presents... Crude Oil Basics:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165612520
Brent Crude vs. West Texas Intermediate: The Differences
By
Updated Sep 30, 2020
West Texas Intermediate
In the United States, West Texas Intermediate is the preferred measure and pricing model. It is also slightly "sweeter" and "lighter" than Brent.
West Texas Intermediate (WTI) is slightly lower in price than Brent. As of November 2, 2020, WTI was trading at $38.76 per barrel, while Brent traded at $41.19.
The offshore oil rigs, despite being in the news more often, most famously with the BP oil leak of 2010, are heavily traded as barometers of domestic oil market health.
ALASKA'S OIL & GAS INDUSTRY
BACKGROUND • HISTORY • THE FUTURE • FACTS • PRODUCTION
SB21 • PRODUCERS & EXPLORERS • ALYESKA PIPELINE SERVICE COMPANY
REFINERS • LINKS • SOURCES • COMMENTS
https://www.akrdc.org/oil-and-gas
http://dnr.alaska.gov/commis/Presentations/Alaska_North_Slope_Gas_Potential_Sept_2016.pdf
https://www.reddit.com/r/EEENF/
Which Are The Seven Steps Of Oil And Natural Gas Extraction?
http://www.sheerproject.eu/which-are-the-seven-steps-of-oil-and-natural-gas-extraction/
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