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88 Energy

(ASX:88E, AIM:88E)


 

  Our Initial Entry
Price

Portfolio Initiation

5 Day VWAP
After Initiation

Current Price

Our Current Returns

ASX:88E
$0.005
$0.005
Jul 23 2020
$0.005
$0.030
    500%

ASX:88E
Our Current Returns
500%


88 Energy Company Overview

📋 About: 88 Energy (ASX: 88E | LON: 88E | OTC: EEENF) is an early stage oil explorer that operates in the North Slope of Alaska.

Project Peregrine: 1.6 billion barrel gross mean unrisked recoverable prospective resource on the North Slope of Alaska.

Project Icewine: Operator on majority of ~260,000  contiguous acres (~200,000 net) onshore Alaska in prolific oil-rich province with multiple objectives

🌏 Macro Theme: Oil & Gas was unloved in 2020 during COVID-19 pandemic and a rebound is expected in 2021

Project Peregrine (Main Bet #1)

Project Overview
Acquired Project Peregrine
Farmout Agreement Secured
Buy back of 100% of Project Peregrine from APDC
🔲 Farmout Peregrine to potential new partner
🔲 Planning for a possible in-fill 2D or 3D seismic

Merlin-1

Drilling Permit Secured
Drilling Commenced
Drilling Complete
🟩 Lab Results 1: Evidence of Oil in Downhole Samples
🟩 Lab Results 2: Light Oil Detected

Merlin-2

🔄 Drill Rig Secured
🔄 Drilling Permits Secured
🔲 Drill Rig Mobilized to Site
🔲 Drilling Commenced [Q1 2022]
🔲 Drilling Complete
🔲 Lab Results 1
🔲 Lab Results 2
🔲 Lab Results 3

88 Energy Corporate Milestones

Next Investors Portfolio Initiation
Capital Raise $10M @0.6c
Capital Raise $24M @2.8c
ESG Reporting Adopted
🔲 Unexpected Announcement 1
🔲 Unexpected Announcement 2
🔲 Unexpected Announcement 3

Project Icewine (Side bet)

Drilling Results (Charlie-1)
Resource Upgrade
⚔️ Positive results from neighbour Pantheon Resources drilling
🔲 Farmout of acreage to fund an appraisal well
🔲 Commercialisation Opportunities (Charlie-1)

Umiat (Side Bet)

Acquired Project
🔄 Assess development options
🔲 New Milestones Added

Yukon Leases (Side Bet)

🔄 Negotiations with Nearby Resource Owners
🔲 Projects Aggregated into Joint Development Area
🔲 New Milestones Added

Investment Milestones

1st Key Drilling Event - Feb 2021
✅ Initial Investment: @0.5c (
9 months before key drilling event)
✅ Increase Investment: @0.6c (6 months before key drilling event)
✅ Price increases 500% from initial entry
✅ Price increases 1000% from initial entry
🔲 Price increases 2000% from initial entry
✅ Free Carry (days before key drilling event)

✅ Take Some Profit (days before key drilling event)
✅ Hold position for key drilling event
✅ Decide New Investment Plan after results of key drilling event

2nd Key Drilling Event - Q1 2022
✅ Increase Investment: @2.5c (≈9 months before key drilling event)
🔲 Increase Investment
🔲 Increase Investment
🔲 Price increases 200% from investment
🔲 Price increases 400% from investment
🔲 Price increases 600% from initial entry
🔲 Free Carry (days before key drilling event)
🔲 Take Some Profit (days before key drilling event)
🔲 Hold position for key drilling event
🔲 Decide New Investment Plan after results of key drilling event
"Expected Company Milestones" are based on the company's publicly available execution plan and some assumptions made by our team on potential announcements that should de-risk the investment. “Our investment milestones” show our current long-term investment plan. Early stage investments are risky and there is no guarantee that the expected events will occur. The lists are not in sequential order.

Key

🔲 Expected Milestone
✅ Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
🟥 Negative Result
🌎 Macro Event
🔄 In Progress
⚔️ Results from Other Company / Project
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added



Our Past Commentary on 88 Energy


Type Date New Title
Email 25-Sep-2021 $ 0.030 What Happened This Week? Sep-25th-2021
Email 23-Sep-2021 $ 0.028 88E’s drilling ‘sequel’ to deliver a blockbuster result?
Email 21-Aug-2021 $ 0.034 What Happened This Week? Aug-21st-2021
Email 17-Aug-2021 $ 0.044 88E’s Merlin-1 well confirms oil. Appraisal well planned early 2022
Email 07-Aug-2021 $ 0.047 What Happened This Week? Aug-7th-2021
Article 03-Jul-2021 $ 0.037 What Happened This Week? July-3rd-2021
Email 26-Jun-2021 $ 0.025 What Happened This Week? June-26th-2021
Email 12-Jun-2021 $ 0.021 What Happened This Week? June-12th-2021
Email 07-Jun-2021 $ 0.021 88E back to 100% ownership of 1.6 billion barrel project
Email 29-May-2021 $ 0.022 What Happened This Week? May-29th-2021
Email 25-May-2021 $ Oil Discovery? 88E’s Lab Results Reveal More...
Email 27-Apr-2021 $ 0.023 Our Portfolio Performance from January 1st to March 31st 2021
Email 06-Apr-2021 $ 0.028 88 Energy ASX - What Just Happened?
Email 29-Mar-2021 $ 0.037 Promising Results so Far… But there is Some More Work to Do…
Email 23-Mar-2021 $ 0.020 TRIPLE DOWN ALERT - Plus 6 Hot Stocks
Email 22-Mar-2021 $ 0.020 Best of luck 88E ASX investors - the next few days are about to get interesting...
Email 19-Feb-2021 $ 0.008 It’s Showtime - just 2 weeks to go…. good luck everyone
Email 01-Feb-2021 $ 0.010 88E ASX Secures Permit to Drill
Article 11-Jan-2021 $ 0.010 Oil Strikes Back. 88E Leveraged to Exploration Success in Coming Weeks
Email 11-Jan-2021 $ 0.010 Oil is Back: 88E is Drilling in Weeks.
Article 07-Jan-2021 $ 0.008 Our Stock Picks for 2021
Email 05-Dec-2020 $ 0.007 This Week’s News Makers are Riding High
Article 04-Dec-2020 $ 0.007 88E ASX Confirms Farm in Partner: Stage is Set for February 2021 Drilling Event
Email 04-Dec-2020 $ 0.007 Friday Stock Pick: Will it Happen Again...
Article 19-Nov-2020 $ 0.007 88E ASX is Primed for Another Run in Lead Up to Multi-Billion Barrel Drilling Event
Article 11-Sep-2020 $ 0.006 We Just Doubled Our Holdings in 88 Energy ASX - Find Out Why
Article 23-Jul-2020 $ 0.005 More Shots on Goal Ahead: 88E ASX Reveals Next Multi-Billion Barrel Oil Opportunity



88 Energy Market Data


Latest Article from 88 Energy

What Happened This Week? Sep-25th-2021

Earlier this week the mainstream news had everyone worried that Evergrande’s default and its ripple effects in the global economy might be the start of another market crash.

Articles Related to 88 Energy

88E’s drilling ‘sequel’ to deliver a blockbuster result?

88E’s drilling ‘sequel’ to deliver a blockbuster result?

What Happened This Week? Aug-21st-2021

What Happened This Week? Aug-21st-2021

88E’s Merlin-1 well confirms oil. Appraisal well planned early 2022

88E’s Merlin-1 well confirms oil. Appraisal well planned early 2022

What Happened This Week? Aug-7th-2021

What Happened This Week? Aug-7th-2021

What Happened This Week? July-3rd-2021

What Happened This Week? July-3rd-2021

What Happened This Week? June-26th-2021

What Happened This Week? June-26th-2021

What Happened This Week? June-12th-2021

What Happened This Week? June-12th-2021

88E back to 100% ownership of 1.6 billion barrel project

88E back to 100% ownership of 1.6 billion barrel project

What Happened This Week? May-29th-2021

What Happened This Week? May-29th-2021

Oil Discovery? 88E’s Lab Results Reveal More...

Oil Discovery? 88E’s Lab Results Reveal More...

Our Portfolio Performance from January 1st to March 31st 2021

Our Portfolio Performance from January 1st to March 31st 2021

88 Energy ASX - What Just Happened?

88 Energy ASX - What Just Happened?

Promising Results so Far… But there is Some More Work to Do…

Promising Results so Far… But there is Some More Work to Do…

TRIPLE DOWN ALERT - Plus 6 Hot Stocks

TRIPLE DOWN ALERT - Plus 6 Hot Stocks

Best of luck 88E ASX investors - the next few days are about to get interesting...

Best of luck 88E ASX investors - the next few days are about to get interesting...

It’s Showtime - just 2 weeks to go…. good luck everyone

It’s Showtime - just 2 weeks to go…. good luck everyone

88E ASX Secures Permit to Drill

88E ASX Secures Permit to Drill

Oil Strikes Back. 88E Leveraged to Exploration Success in Coming Weeks

Oil Strikes Back. 88E Leveraged to Exploration Success in Coming Weeks

Oil is Back: 88E is Drilling in Weeks.

Oil is Back: 88E is Drilling in Weeks.

Our Stock Picks for 2021

Our Stock Picks for 2021

This Week’s News Makers are Riding High

This Week’s News Makers are Riding High

88E ASX Confirms Farm in Partner: Stage is Set for February 2021 Drilling Event

88E ASX Confirms Farm in Partner: Stage is Set for February 2021 Drilling Event

Friday Stock Pick: Will it Happen Again...

Friday Stock Pick: Will it Happen Again...

88E ASX is Primed for Another Run in Lead Up to Multi-Billion Barrel Drilling Event

88E ASX is Primed for Another Run in Lead Up to Multi-Billion Barrel Drilling Event

We Just Doubled Our Holdings in 88 Energy ASX - Find Out Why

We Just Doubled Our Holdings in 88 Energy ASX - Find Out Why

More Shots on Goal Ahead: 88E ASX Reveals Next Multi-Billion Barrel Oil Opportunity

More Shots on Goal Ahead: 88E ASX Reveals Next Multi-Billion Barrel Oil Opportunity

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