ASX Today, page-11717

I would not put it down to 88E specific. 

Out of 12 oil companies on my watchlist. 11 are down and one is even.  

The oil price is not helping market confidence right now but as quickly as it comes down is as quick it can rise and everyone in the media will be shouting $100 oil again. With an ever nearing conventional farm out for 88E, which if completed on satisfactory terms will bring buys back here. As well as the drill in Feb next-door to that giant discovery. 

Off Topic - I have just looked at the recent performance of Bitcoin and other cryptocurrencies, now that is bad!