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He switched off to several places already as they are refusing to pay in Ruples. Lots of pain coming for EU, not so much UK as they only source 5% from Russia.
Bid and ask now both on 0.24 which way is it going into close … With Putin threatening to turn off gas unless paid in Rouble’s then gas prices likely to soar again
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There it is at last
Shares wanted in bulk now 0.234p on bid for full load
Woooooshkakakaka
Looking for .24 and beyond soon as ....... :o)
5496010 was delayed trade
This time next year Blue lol
Blue… Said earlier today it won’t be long to 0.25 and another R&R
It’s delayed trade…
Can’t see that buy
Rumbling now
Not long before we say Bonjour again AimingLow.. Lol good luck fellow.
Woooooooosh
NT to buy now. Gas o’clock arriving at last ??
Risen to close to 0.23 now.. interesting
I just wished Rolley hadn’t used the word imminent so much… happy to move on now though, I’ll push the out and say the snickers are on me.. once I’ve top sliced mind:) more patience needed, more patience needed, more patience needed, more patience needed…..
Ask risen back up again … might be a momentum run this afternoon after yesterday’s stall in proceedings
The main problem with the fracking of C77h was closing up of the fracks, which lost communication with the main bore, causing dwindling flow rates. They hope to address this using suitable stimulation fluids and proppants, which hold the fracks open. This was in the Baker Hughes report in this rns from August 2017.
https://www.lse.co.uk/rns/OEX/core-analysis-and-review-confirms-cambay-potential-0sg5kkj8eqrh43q.html
Just some info on what to expect when they come on stream :
1. The less than optimal completion for C77 will be addressed after the refrac.
2. C77 experienced water loading previously (documented via RNS), this means after a period of sustained production reservoir pressure decreases which affects gas production. This is alleviated using velocity tubing.
3. Historical data shows C77 can produce c 500,000 scfd for a period of time before water loading.
4. C77 will require shut in until reservoir pressure builds again.
5. C77 will be placed on intermittent production.
6. Both wells have different well head pressures and therefore cannot co produce. Consequently production between the two wells will be cycled.
7. C73 has more consistent production potential than C77.
Hopefully the above explains why the new refrac methods are so crucial for proving up the field.
Bottom line is though due to a period of 3 year shut, no one really knows how the wells will perform although there is an expectation of previous flow data as per recent and older RNS’s. Plus a very strong possibility of an initial production spurt due to build up of reservoir pressure.
Ladies please..... Your not yourselves when you haven't had your snickers..
Go for lunch and all come back with a brighter outlook..
;-)
I popped out for more popcorn what did i miss?
Is that RNS stating taps are on, anything is just noise.