88E 0.00% 0.2¢ 88 energy limited

It’s all about to go Ballistic, page-96

  1. 1,285 Posts.
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    this is my best guessings or hopes:

    in 2019:
    > winx successful with contingent resource estimated... anything happens related to this well after this can only be good, sell or farm out production..etc   Sp would hit 5c - 6c.

    > I doubted, a farmout deal will be reached before AK summer to allow further test IW2, uncenventional

    > I doubted a farm out on conventional would be reached in Q1,2019, but will get a deal...not sure the condition of how many TEST wells would be

    in 2020,

    > say two test wells(80% interest farmed out) drill on conventional, both successful,  88e would add at least 450mbbl x $2 = $900m into the MC. SP should be around 20cents  - this would be close prior May 2020. If both dry holes, SP would stay 5 cents 

    > farm out IW2 unconventional, say 1 horizontal well on same pad, exchange 70% interest, successful case, 88e would add at least 500mbbl x $2 = $1,000m into MC. Sp should be around 22 cents. 

    > Yukon may come play during  2020 Calendar year as well, not sure where this would head to, I personally prefer drill by ourselves. 

    I highly possibly would be sell out my share prior $0.15 anyway, 10-15 cents is my target range considering Capital gain tax is still 50% discount..if they dropped to 25%, I have to hold bit longer biggrin.png

    in 2021.

    > sell out all interest of conventional, except Yukon if has not been proven. 

    > may consider move unconventional into production stage. 


    what I nice dream!! rolleyes.png i talked too much today....my apologies.

 
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