It’s Showtime - just 2 weeks to go…. good luck everyone
1 minute read
We have been investing in high risk/high reward oil exploration for years and have seen it all - some massive wins and many jarring losses.
Drilling a billion barrel oil exploration well takes years of preparation and costs millions of dollars... but the rewards can be immense.
Billion Barrel oil drills are the most exciting bet you can place in the stock market for those who have the stomach for it - remember to invest only what you can afford to lose.
We all remember seeing (or hopefully investing in) a HUGE drilling result - it's what keeps us coming back again and again.
Like with most big drilling events, after years of corporate activity, cap raisings, covid chaos, preparation, planning, persistence, and a presidential curve ball on crude...
... 88 Energy (ASX:88E) is less than two weeks away from penetrating Project Peregrine's potentially prospective petroleum pocket...
(sorry about that...)
We have been looking forward to this drill for a long time and we wish best of luck to the company and all shareholders out there (especially the long termers like us who’ve been around since Tangiers) for this drilling event and the results - it’s going to be a wild ride in March.
We reckon 88E is due for a win.