88 Energy Ltd (EEENF)

[HighYieldStocks]

$EEENF

The wireline logging WILL determine several things. First payout zones, however LWD can determine that accurately:
• SFS reservoir exceeded pre-drill expectations with respect to both thickness and reservoir quality
identifying multiple potential hydrocarbon bearing zones.

• New Upper SFS reservoir identified, not previously intersected by nearby wells with abundant oil
shows in cuttings.

• BFF reservoir was consistent with pre-drill expectations
Wireline will confirm, that's all.
Now, the big information is the permeability of the reservoir(s). The samples and the triple combo program will tell everybody how much oil we are going to get.

As far as I am concerned this is de-risked and WAY undervalued at this stage ... there is oil and, according to Pantheon's own reservoir, it will flow. Last opportunity to buy at these prices.