88E 0.00% 0.2¢ 88 energy limited

Ann: OEL: Winx-1 Drilling Update, page-139

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  1. 26 Posts.
    Not the result we were hoping for this my 3rd attempt to buy stock in O&G drilling normally buy just before the drill rig turns up and wait for the wire logging data to be completed but this time I planned to sell half of my shares Thursday as minimize my risk but the news came early. I have now batted up 3 times and been stuck out 3 times on drill rigs but today wasn't too bad at the moment at closing $6K down did get a chance to sell today as I was working at a petro- chem plant no access to computer and mobile banned on site.

    Any way I have held and sold CUE a few time I was hoping to make a bit of coin out of 88E and roll that into CUE they have farmed out 40% to BP who have signed a contract to drill CUE holding near goodwin A there is 13 billion cubic feet of gas but the quality is unknown till BP mobilise the drill rig second half of this year. CUE has been trading mid 6c for the last 12 months, the volume is piss poor at the moment but will heat up as the rig approaches. If you are not too scared after 88E it might be a chance to recover any losses plus some. Im not holding any share at the moment but will be later in the year. check it out for yoursel CUE Energy. good luck with your future investment. PS Greedy will bring you undone - take profits and run so you can play another day.
 
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