Replies to post #18110 on 88 Energy Ltd (EEENF)

[forgiveness7x7]

Lots of Oil going to be good

[OilPatch]

to cover drilling costs... they gave up 50% ownership of Merlin to pay for drilling.

This is what counts... Dave Wall highlighted: “Success at Merlin-1 could yield over 300 million barrels net to 88E and open up further prospectivity at Project Peregrine, in addition to unlocking the substantial proven resource at the adjacent Umiat oil field, which is 100% owned by 88 Energy.”

[spotonge]

They already explained they have 10 million to pay for upfront charges SMH EEENF$$