Replies to post #30690 on 88 Energy Ltd (EEENF)

[werd]

Hey COP...got OIL?

[mikesmith3]

That's a nice take on COP's current position and it draws a bee line directly or 88 Energy. I am 90% certain COP will be working with our acquiring 88 once all their data is confirmed. GL

[FACT-MASTER]

Yes, that was Charlie-1.

From the 88e 2020 annual:

"• Project Icewine – Commercialisation Analysis
In-house analysis also commenced in the quarter on various commercialisation options for the gas condensate discovered in the Torok Formation by 88E’s Charlie-1 well in 2020. The discovered resource comprises over 1 TCF of independently estimated gross mean prospective gas as well as associated condensate. The commercialisation options include, but are not limited to, possible local power generation, compressed natural gas as well as potential for conversion to hydrogen using steam methane reforming (SMR) with carbon capture and storage (CCS) processes. It is expected that this work will move to a formal feasibility stage during 2021."

The gas might be of more interest to these guys here:

https://agdc.us/

88e = multiple opportunities

[FACT-MASTER]

There's also this from the COP 2020 Annual (page 17)

"Technology
We have several technology programs that improve our ability to develop unconventional reservoirs, produce
heavy oil economically with less emissions, improve the efficiency of our exploration program, increase
recoveries from our legacy fields, and implement sustainability measures.
We are the second largest LNG liquefaction technology provider globally. Our Optimized Cascade® LNG
liquefaction technology has been licensed for use in 27 LNG trains around the world, with feasibility studies
ongoing for additional trains and four new products announced in 2020 that expand the scope of LNG
licensing."

Gas, Oil, Icewine, Pantheon, COP,= the joint venture question is why not?