Replies to post #34266 on 88 Energy Ltd (EEENF)

[OilPatch]

I have been in the business far too long to make that kind of prediction.

What I can tell you is this. I have a position. I am looking forward to the results of the Merlin-2 appraisal well to further assess the extend of the Nanuchuk formation. Barring any permit issues or delays I anticipate good results that would further improve the PPS. This is an exploration field and is years away from development but $EEENF Peregrine has the potential for ~652mln barrel oil targets (reference N18, N19 & N20 targets encountered in Merlin-1).

GLTU