Stanley Kaplan

I pretended to be somebody I wanted to be until finally I became that person. Or he became me.

[Stanley Kaplan @StasiuB]

@Papagay01286916 Dubhe1 well results mainly but also the JV search

[Stanley Kaplan @StasiuB]

$EEENF have given Burgundy an extension til Sept with the option for additional 6 month extension. I expect that to happen, feels like they are trying to align to a catalyst, probably a PTHRF one, we’ll see

https://t.co/PUU9ks962f

[Stanley Kaplan @StasiuB]

$EEENF Trading halt for a capital raise. The balance sheet indicated this was likely although I expected towards the end of the year. But you always have to be weary when they put out a Investor presentation.

https://t.co/kus0Ji5HKD

[Stanley Kaplan @StasiuB]

@Papagay01286916 88 already announced their increase. PTHRF increased the estimate because the pay zone was much thicker than thought, 88 already drilled and tested this zone in 2024 so they would have figured this out then. They increased estimates in Sept 2024 after the testing.

[Stanley Kaplan @StasiuB]

@EscobarOfficiaI 88 is on state land so all the opening of Alaska policies don’t benefit 88, if anything they’ll hurt as it will increase competition for already scarce equipment and resources. And it didn’t explode 1600 percent, they did a reverse split.

[Stanley Kaplan @StasiuB]

@Geraniums222 No buyout until they actually prove commercially viable oil. You don’t want a buyout before that anyway cause it would be a low ball offer that would not be in shareholders best interests

[Stanley Kaplan @StasiuB]

Side effect of the capital raise, $EEENF is above the .01 threshold to make it to QB. They also posted all the financial reports in June to avoid the yield sign and move up. They were QB in 2022 as well, that time they PR'd it and made a concentrated effort.

[Imay Noko @ImayNoko]

$EEENF from OTCID to OTCQB

https://t.co/SGtcdT26sp

[Stanley Kaplan @StasiuB]

@GuyEnfield31944 @Geraniums222 They did it in 2023 too. It’s spring cleaning to reduce admin costs on the share registry. The shares will get sold at a discount, in 2003 it was at .008 and the shares sold for .0064.

[Stanley Kaplan @StasiuB]

@WDF1988 @etrade @88EnergyLtd @SECGov The fee is for the reverse split not the ticker change. The change had nothing to do with 88, that is Finra. The symbol is EEEN, Finra adds the F to indicate foreign stock, they changed it to D to indicate it was doing a R/S, once complete back to F.

[Stanley Kaplan @StasiuB]

@GuyEnfield31944 There are some that can still trade it. Any trades happening won’t be settled until the 21st. It’s extremely low volume so I wouldn’t even want to try and guess what it will do when normal trading resumes on Monday.

[Stanley Kaplan @StasiuB]

$eeenf If you read item 3.8 of the News posted on the 13th, it looks like trading resumes on the 19th.

[Stanley Kaplan @StasiuB]

@GuyEnfield31944 @Papagay01286916 @Geraniums222 Maybe a small factor, it”d be more important if they were already in production. More about where they are in the process, if they prove commercial in 2026 that would be a big factor. Think the closer they get to production then the higher the valuation per barrel

[Stanley Kaplan @StasiuB]

@GuyEnfield31944 @Papagay01286916 @Geraniums222 In the October Investor Presentation (page 10) for Phoenix 88 said historical transactions in Alaska supported $1.30 to $3 per 2C BOE. For Leonis it’s too early to say, they still need to test it out and see what the oil to gas ratio is.

[Stanley Kaplan @StasiuB]

@SirHodlsLong @Geraniums222 EEEND should be temporary. Finra puts the D on the end to indicate it is going through a split. I believe it will go back to EEENF once it’s all done but the timing seems to vary, should be once the split is done but could be up to 90 days.

[Stanley Kaplan @StasiuB]

@Geraniums222 The meeting isn’t until Tuesday. Announcement should be tomorrow night although hard to see it not passing

[Stanley Kaplan @StasiuB]

@Geraniums222 @88EnergyLtd They’re trying to sell longhorn, they need to. Despite all the work overs, it’s not producing as expected and selling it would generate needed cash

[Stanley Kaplan @StasiuB]

@ArtOfTheRug @NickAdamsinUSA 72% of all stats are made up

[Stanley Kaplan @StasiuB]

@Papagay01286916 @GuyEnfield31944 Reverse Splits are rarely looked on as good events and typically the stock falls further after a brief spike. It depends more on what happens after though. If Burgundy finds money, Leonis farms out, Namibia has news then good. If they do this to do a capital raise, really bad.

[Stanley Kaplan @StasiuB]

@Geraniums222 @88EnergyLtd @GovDunleavy @SecretaryBurgum @elonmusk They need to prove it is commercially viable first. No one is buying unproven leases unless it is so cheap they cannot pass it up, that's not going to be a good deal for shareholders.

[Stanley Kaplan @StasiuB]

@BryanKnightReal @realDonaldTrump By the time 88 figures out if they actually have commercially viable oil we will be voting on the next president