Funky, no need to cross the fingers, you'll only get cramp.
From the last Operations Update,
88E Managing Director, Dave Wall, commented: “The operational performance by the team in
Alaska during drilling has been outstanding, with a safe and efficient execution of the program.
Encouragingly, we have also encountered multiple potential pay zones in the primary target as well as one of the secondary targets. Whilst it is still early days, we are well placed and look to the
wireline program with measured optimism.”
• Primary Nanushuk targets (topsets) intersected between 4,667’ and 4,901’
o Elevated mud gas (C1-C5) associated with oil shows and increase in LWD (Logging
While Drilling) resistivity recorded within interval
o Initial interpretation encouraging based on comparison to data from nearby successful
Nanushuk well
Tells me, we have oil, the logging will identify the target(s), Dave has measured optimism (unheard of), when the next Operations Update comes my Spinefx senses detect postive news.
Relax, chill, enjoy a Sunday coffee, maybe some nice lunch, forget about the things you can't control and everything will work out.
Cheers
88E Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held