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88 Energy (88E)     

dreamcatcher - 03 Feb 2012 08:36

88 Energy Limited (formerly Tangiers Petroleum Limited) is an ASX listed exploration exploration company that has recently announced the acquisition of a new, potentially world class oil asset located in Alaska. It also has a 25% stake in the Tarfaya Offshore Block is located on the Moroccan Atlantic margin and was acquired by the company in 2009.




dreamcatcher - 03 Feb 2012 08:41 - 2 of 491

Tangiers Petroleum's potential underlined by HB Markets; stock rated a speculative buy
Tuesday, 24 January 2012 – (Web)

The current valuation of Tangiers Petroleum (ASX:TPT) could be a fraction of its true worth if indications from the company's independent competent person's report on the resources base turn out to be accurate.

This is the conclusion drawn by HB Markets, which initiated coverage of the Australian-listed oil and gas explorer with a speculative buy' recommendation ahead of its possible AIM listing next month.

Tangiers has two potentially company making assets – the Tarfaya oil block off the coast of Morocco – and highly prospective gas acreage off the coast of northern Australia.

Tarfaya has an un-risked prospective resource of 867 million barrels, with a high-end estimate of almost 5 billion.

In Australia, the company has discovered what it believes to be two huge gas finds Nova and Super Nova – sitting below already existing oil fields.

Based on work carried out by Schlumberger, Tangiers cites what it calls a "probabilistic estimate" of un-risked gas in place of 71 trillion cubic feet to 148 Tcf which makes the pair potentially huge on anyone's register.

"Tangiers Petroleum is in an early-stage of exploration and the risks that Tangiers does not find any commercially viable oil reserves are significant," said HB Markets analyst Donald Linderyd.

"However, if the indications from the CPR prove to be accurate, the current valuation of Tangiers Petroleum could be a fraction of its true value."

dreamcatcher - 03 Feb 2012 08:45 - 3 of 491


dreamcatcher - 07 Feb 2012 19:46 - 8 of 491


dreamcatcher - 09 Feb 2012 10:29 - 9 of 491

markymar - 20 Feb 2012 15:50 - 10 of 491

I have this on my watch list now dreamcatcher,been having a good read up.

dreamcatcher - 20 Feb 2012 16:00 - 11 of 491

Markymar, I think many investors have. Looks a very good company.

dreamcatcher - 22 Feb 2012 15:11 - 12 of 491

up 8.55%

dreamcatcher - 22 Feb 2012 15:19 - 13 of 491

Has been flying on the ASX, playing catch up here. UP 10%

dreamcatcher - 23 Feb 2012 21:38 - 14 of 491

Starting to rise.

dreamcatcher - 01 Mar 2012 07:20 - 15 of 491

dreamcatcher - 26 Mar 2012 16:21 - 18 of 491

dreamcatcher - 30 Mar 2012 12:44 - 19 of 491

ASX Trading Halt

30 March 2012


Tangiers Petroleum Limited (the Company) wishes to advise that the securities
of the Company have been placed in a trading halt on the Australian Securities
Exchange ("ASX") pending an announcement in relation to project results.

It is expected that an announcement will be released prior to the commencement
of trading on Tuesday, 3 April 2012 and that trading in its securities will
then resume on the ASX. The Company's shares will continue to trade on AIM
during this period.

dreamcatcher - 30 Mar 2012 12:45 - 20 of 491

up 15%

dreamcatcher - 30 Mar 2012 12:47 - 21 of 491

At long last the share has come alive. Good buying today.
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