2 tips for a better day. #1 Take a Deep breath, good news will be out soon (lab results) #2 Mute TD
P
So the report 88E released shows an estimated 1.6 billion plus barrels of oil. Any thoughts on this? Could definitely raise the share price over 1 dollar when drilling begins and oil is collected.
S
Please understand, EEENF's price will not jump before the company produces solid income. And right now every fact indicates solid income will happen in Sep or October. Meanwhile, we only see Short-selling activity. Make sure you buy cheap from short-sellers and wait for September.
j
I hope this goes up to 40$ a share .
b
"1.6 Bln Barrels of Oil" $EEENF 88 Energy's Peregrine Oil Project Has Estimated Prospective Resource of 1.6 Bln Barrels
B
1 TCF of Hydrogen Value is 3 Billion which translates to 25 cents alone!! How are we trading at these levels?? Price will get corrected soon
F
It states that 44,000,000 PAID shares to a CONTRACTOR providing services I LIEU OF CASH. What that tells me is that "this contractor" does not kind getting paid in shares for the service they are providing because he KNOWS what is to come and what they found! I am VERY EXCITED NOW!!!!!
F
Australia market up almost 10% already!
P
I'm in for 100k. If RECAF can get to 6+ dollars then why not EEENF?
The contractor is taking payment in shares. Now if the drilling contractor is taking shares as payment, they know there is money below. I'm 10x'ing my position tomorrow at open.
A
After seven years with the company, David Wall has resigned as Managing Director (MD) of 88 Energy (88E), effective from May
Current Chief Financial Officer and Company Secretary, Ashley Gilbert, will transition to the role of Managing Director
Until then, David will continue in his position to oversee the upcoming drilling program at Project Peregrine as well as the abandonment activities at the Umiat Oil Field
88 Energy has also announced it has successfully completed a bookbuild to raise up to $12 million
Up to 1500 million ordinary shares will be issued to institutional and sophisticated investors at 0.8 cents
88E will use the funds to finance costs arising from the Merlin-1 well, plugging and abandoning the Umiat Oil Field, and drilling the Harrier-1 well
Shares in 88 Energy have dropped 18.2 per cent to trade at 0.9 cents
b
I bet they have the test result already.. just placing card before the big news !
44 millions share at 0.022$ is 968000$
if you own a drilling company.. and uf everybody paid you by share unstead of cash .. you do bankrup in a week. This transaction mean alot !
b
$EEENF 88 Energy Limited engages in the exploration of oil and gas properties in the United States. The company holds a 59% working interest in the Icewine project, which covers an area of approximately 231,000 acres located in North Slope of Alaska, the United States. It also holds a 100% working interest in the Yukon Gold leases covering an area of approximately 15,235 acres located on the eastern border of the Central North Slope of Alaska. In addition, the company has a 50% working interest in Peregrine project covering an area of approximately 195,373 acres located in the NPR-A region of the North Slope of Alaska. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia.
The contractor is taking payment in shares. Now if the drilling contractor is taking shares as payment, they know there is money below. I'm 10x'ing my position tomorrow at open.
Current Chief Financial Officer and Company Secretary, Ashley Gilbert, will transition to the role of Managing Director
Until then, David will continue in his position to oversee the upcoming drilling program at Project Peregrine as well as the abandonment activities at the Umiat Oil Field
88 Energy has also announced it has successfully completed a bookbuild to raise up to $12 million
Up to 1500 million ordinary shares will be issued to institutional and sophisticated investors at 0.8 cents
88E will use the funds to finance costs arising from the Merlin-1 well, plugging and abandoning the Umiat Oil Field, and drilling the Harrier-1 well
Shares in 88 Energy have dropped 18.2 per cent to trade at 0.9 cents
44 millions share at 0.022$ is 968000$
if you own a drilling company.. and uf everybody paid you by share unstead of cash .. you do bankrup in a week. This transaction mean alot !
We're going to Double now