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Beaten to pulp - April 11, 2021 - Petroleum News

Providing coverage of Alaska and northern Canada s oil and gas industry Beaten to pulp Kay Cashman Petroleum News Dr. Paul Craig, a veteran oil and gas investor in Alaska, told Petroleum News April 6 what other experienced North Slope operatives were only willing to say off the record: Although “88 Energy stock got beaten to a pulp on the news about the Merlin 1 well, I like the results. But the market doesn’t read between the lines. Short-term investors see ‘plug and abandon’ and assume it’s a dry hole with no commercial potential,” Craig said. Kevin Frank, a geologist and section chief of the state Division of Oil and Gas’ resource evaluation team, agreed.

EEENF Stock: The Big News Causing 88 Energy to Plummet

EEENF Stock: The Big News Causing 88 Energy to Plummet A penny stock favorite of the Reddit trading crowd raised some questions about its oil drilling challenges Apr 6, 2021, 8:19 am EDT April 6, 2021 88 Energy Limited (OTCMKTS: EEENF) to tank this morning, as they follow the more-than-65% drops of the London and Sydney-listed shares of the Australian oil explorer. What’s behind the expectations for EEENF stock today? Source: FreezeFrames / Shutterstock.com It wasn’t the “good news” part of its earlier update on its Peregrine project in Alaska’s National Petroleum Reserve. Last week the company announced it had detected potential hydrocarbon-bearing zones while conducting drilling operations for Peregrine.

88 Energy Ltd expects next Merlin well results over the weekend

88 Energy Ltd expects next Merlin well results over the weekend
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

88 Energy Ltd expects next Merlin well results over the weekend

88 Energy Ltd expects next Merlin well results over the weekend
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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