Katie Profile picture
27 Apr, 13 tweets, 5 min read
$eeenf

Let's talk about @88EnergyLtd referencing Pantheon in yesterday's operations update:

"...several of the other prospective horizons encountered in Talitha-A, where pay has been interpreted by Pantheon, extend into Project Icewine acreage."

proactiveinvestors.co.uk/companies/news…
$eeenf @88EnergyLtd
"It is also highly positive to see pay zones & a flow rate of light oil achieved from zones on adjacent
acreage that are also prospective at Project Icewine, where an internal review has commenced to
determine the significance of the neighboring results.”
$eeenf @88EnergyLtd

Pantheon's Operational update, Talitha-A well dated 4-19-2021:

"...management believes has validated its earlier assertion of over 1bn barrels recoverable oil potential from this multi-billion barrel oil in place play at Talitha.
marketscreener.com/quote/stock/PA…
$eeenf @88EnergyLtd

Long quote by Pantheon but worth it:

"The Company collected an enormous amount of drilling, logging and testing data which will be evaluated. Additionally, Pantheon has engaged the experts at Baker Hughes and Advanced Hydrocarbon Stratigraphy ('AHS')...
$eeenf @88EnergyLtd

...to provide Volatile Analysis Service ('VAS'), a comprehensive, sophisticated and independent evaluation of hydrocarbon presence in the well bore, using mass spectrometry analysis of well cuttings."
$eeenf @88EnergyLtd

"Pantheon also used conventional data collection techniques including 'Logging While Drilling', mud logging, side wall cores and an entire suite of wireline logs...
$eeenf @88EnergyLtd

...Baker Hughes AHS identified 5 independent highly prospective zones w/high oil saturations and low or moderate water saturations. These correlate directly to Pantheon's 5 target zones"
$eeenf @88EnergyLtd

"...Talitha-A demonstrated the key elements of a proven hydrocarbon system in the Kuparuk formation with the presence of movable high-quality (± 42° API) oil" - Pantheon
$eeenf @88EnergyLtd

"...Pantheon is extremely encouraged by the analysis of the shallower zones in the Talitha-A well... the oil appears to be lighter than expected & an additional significant zone has been discovered, increasing the total resource potential significantly.
$eeenf @88EnergyLtd

Screenshot from Pantheon's update of Talitha A (link posted above) which describes the FIVE ADDITIONAL potentially productive zones:
$eeenf @88EnergyLtd
"...VAS analysis confirmed the presence of continuous stacked oil-bearing reservoir zones... above the Shelf Margin Deltaic reservoir zone down to target depth at 10,456'. Every single sample taken over this interval extracted oil." - Pantheon
$eeenf @88EnergyLtd

"The bottom line is that Talitha-A has confirmed five separate zones, all hydrocarbon bearing, and which collectively have significantly increased our estimate of oil in place on our 100% controlled acreage." - Bob Rosenthal, Technical Director, Pantheon
$eeenf @88EnergyLtd

The above articles and quotes are an excellent source of information that can help provide 88 shareholders with additional supporting facts.

Pantheon's thorough research & analysis will only benefit 88 in the coming months, and for that - we thank you!

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Katie

Katie Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Thoughts_NJ

25 Apr
$eeenf @88EnergyLtd

The following video from 4-22-2016 of David Wall outlining their investment opportunity. Please take the time to listen if you can.

Some of my favorite quotes to follow.

google.com/amp/s/www.proa…
$eeenf @88EnergyLtd

“If we were going to fail we wanted to fail as fast as possible...there’s no point in conducting a science experiment. We’re all here to make money and if you’re not out to prove that as quickly as possible you’re basically wasting everyone’s time.”
$eeenf @88EnergyLtd

“We have something that is unlike any other resource play that we’re aware of...30% higher than the eagle ford...which means more oil can be accessed by the well bore better flow rates, better ultimate economics”
Read 6 tweets
25 Apr
$eeenf @88EnergyLtd

You know what I think is important that no one seems to talk bout?

When 88E acquired XCD Energy last year...

👇🧵
$eeenf

@88EnergyLtd said a combined company will have an attractive & complementary portfolio of exploration assets.”

smallcaps.com.au/88-energy-off-…
$eeenf @88EnergyLtd

“Its case also notes that a larger entity will have enhanced strategic, commercial, technical and financial strength to optimise financing of operations and exposure to a larger global investor base.” 👀
Read 12 tweets
22 Apr
$eeenf @88EnergyLtd
I love a good throwback!

The following thread will have some great quotes out of this article from Hart Energy - September 2015 & another reminder of why 88E went to Alaska.

88energy.com/wp-content/upl…
$eeenf @88EnergyLtd
"The company acquired an 87.5 % working interest and operatorship of the onshore acreage (Icewine) and paid a US$500,000, non-refundable deposit, before raising $6.9 million in February to fund the balance. "
$eeenf
“This is a project that can attract capital in a low-oil-price environment, bc you're getting such excellent bang for your buck... spending a very small amount of $ to get access to what could be a billion barrel oil prize in a shale play is still attractive to investors"
Read 13 tweets
22 Apr
$eeenf @88EnergyLtd

Please remember the following is a conspiracy theory. I have come to these thoughts based upon the following information and upon discussing them with my friends: @tonka_waterman & @The2020Father

**THIS IS NOT FINANCIAL ADVICE**
$eenf @88EnergyLtd

As we all know, CEO David Wall is leaving 88E in May 2021 on "good terms".

The current CFO/Secretary Ashley Gilbert is replacing David. Today I decided to do MORE research on Ashley and I stumbled up on this:
$eeenf @88EnergyLtd

Naturally, I looked into Woodside Petroleum.

"Woodside is the largest operator of oil & gas production in Australia & also Australia's largest independent dedicated oil & gas company."

woodside.com.au
Read 11 tweets
19 Apr
$eeenf @88EnergyLtd
"Charlie-1.... comprises over 1 TCF est. gross mean prospective gas and assoc. condensate... commercialisation options include, but are not limited to, possible local power generation, compressed natural gas as well as potential for conversion to hydrogen"
$eeenf @88EnergyLtd
Re Yukon Leases: "The acquisition of these leases represents a logical step in the Company’s aggregation strategy for oil resources in this part of the North Slope, where existing infrastructure provides a potential pathway to commercialisation..."
$eeenf @88EnergyLtd
"...with the addition of lease AA095899 which is adjacent to the existing Yukon Leases held by Regenerate Alaska Inc anticipated to assist in advancing continuing discussions with nearby resource owners to optimise the monetisation strategy of the acreage."
Read 5 tweets
15 Apr
$eeenf

Let's be real most of you have not been holding @88EnergyLtd shares for five+ years. You are new(ish) investors (myself included) so lets take a look back & see where @88EnergyLtd was coming from w/regards to the North Slope.
$eeenf

As I mentioned previously, Emerald House is just one subsidiary w/in @88EnergyLtd who operates the Merlin-1 well.

Accumulate Energy Alaska (AEA) is another subsidiary of 88E which is named the operator of Icewine 1 & 2 wells & Charlie 1 well.

drillingedge.com/alaska/operato…
$eeenf @88EnergyLtd

A search for AEA within the Alaska Dept. of Commerce brings up multiple filings. One name mentioned quite frequently (alongside David Wall) is, Michael McFarlane.

McFarlane is listed as a Director for AEA in this 2020 Biennial report: AEA's 2020 Biennial Report (pg 1 of 2)AEA's 2020 Biennial Report (pg 2 of 2)
Read 14 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!