88 Energy Ltd (EEENF)

[Sage7243]

"The spud will target an independently assessed gross prospective resource of 645 million barrels."

https://finfeed.com/small-caps/energy/88e-track-spud-merlin-1/

Imagine your backyard with a pool of water a mile below. Would you spend $10,000 to dig a well if there was diamond-hard rock on top? NO!

88 Energy isn't stupid. They have hired geologists. They know the terrain, the geographic formations, and the chances. My goodness. If you've ever been bass fishing, you know how sonar works. It isn't rocket science.

The oil is there people, and the company will extract it.