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Solo Oil Share Chat (SOLO)

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Share Price: 0.29Bid: 0.27Ask: 0.31Change: 0.01 (+3.57%)Riser - Solo Oil
Spread: 0.04Spread as %: 14.81%Open: 0.28High: 0.29Low: 0.28Yesterday’s Close: 0.28


Share Discussion for Solo Oil


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Redfrog87
Posts: 65
Off Topic
Opinion:Strong Buy
Price:0.29
Loads of concern
Today 13:06
Loads of concern! Well I've no concerns as I've seen my investment go up and down, but I continue to hold as I know this share.will have its day and those invested will be rewarded. First cash income will underpin this....good luck fellow Solo holders.
 
Eliwallach
Posts: 292
Observation
Opinion:No Opinion
Price:0.29
Yes loads of concern
Today 13:01
Coming from people who haven't invested. Nice of them to do us a favour and advise where we put our money!!
NBucky1
Posts: 704
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.29
RE: GECR youtube
Today 12:55
For someone not invested, you do seem very concerned. Solo is a great investment (sorry had to do that to counteract your deramp) - kind regards Investor
SRBS
Posts: 3,148
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.29
NR interview today- this link might
Today 12:32
work better ( fairly good interview)
http://youtu.be/cOYVSo5CE7g
SRBS
Posts: 3,148
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.29
Horse Hill Partners Begin Eagerly-A
Today 12:03
"Horse Hill Partners Begin Eagerly-Awaited Flow Test
Mon, 8th Feb 2016 08:29

LONDON (Alliance News) - The string of AIM-listed companies involved in the Horse Hill project in southern England on Monday said operations have started at the site to conduct the eagerly-awaited flow test at the Horse Hill-1 well.

The extended flow test will be conducted over three separate intervals in the Horse Hill-1 well after the UK Oil & Gas Authority gave the green light for the test last month, building on a similar approval from the Environment Agency in late November.

Horse Hill Developments Ltd owns a 65% stake in the Horse Hill prospect and the remaining 35% of the prospect is held by Magellan Petroleum Corp.

UK Oil and Gas Investments holds a 30% stake in Horse Hill Developments, whilst Doriemus PLC, Stellar Resources PLC, Solo Oil PLC and Alba Mineral Resources PLC each hold 10% stakes in Horse Hill Developments, with Evocutis PLC holding a 2% stake and the balance is owned by Angus Energy, in which UK Oil & Gas has a 6% stake.

All of the AIM-listed companies involved released separate statements on Monday confirming the flow test operations have commenced, which will take around 30 days.

The flow test is designed to test three separate zones in the well: the oil bearing Upper Portland sandstone and two Kimmeridge limestones that lie beneath the Portland sandstone.

During 2015, there was some controversy over the amount of oil that might be in the well, with the upcoming flowtest set to definitely outline how much oil the project potentially has.

"Collecting flow rate and reservoir engineering data is a key step in establishing commerciality and designing a development programme. We therefore look forward with great interest to reviewing the data with the Horse Hill partners as those results become available," said Neil Ritson, chairman of Solo Oil.

The latest figure provided by the companies suggested there could be up to 10.99 billion barrels of oil in place, but the big question is how much of that oil can actually be extracted. Currently, it is thought only around 3% to 15% of the oil in place could ever be recovered from the well.

The current estimates cover a 55 square mile area over the PEDL137 and PEDL246 Horse Hill licenses. Of the estimate, 8.26 billion barrels is thought to lie in the Kimmeridge Clay formation, 1.71 billion barrels in the Lias formation, and 1.01 billion barrels in the Oxford Clay. The estimates exclude the underlying Jurassic tight oil plays which lingers beneath the Kimmeridge, Lias and Oxford Clay formations.

UK Oil & Gas shares were up 1.9% on Monday morning, having spiked 9% at the open. Solo Oil shares were down 0.9% and Alba Mineral shares were trading up 5.6%, both also reversing initial gains. Shares in Evocutis were down 4.0%. Stellar Resources and Doriemus were untraded early Monday".

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAllia
facebooks007007
Posts: 100
Off Topic
Opinion:No Opinion
Price:0.29
Interesting Interview
Today 11:53
Jackobill
Posts: 111
Off Topic
Opinion:No Opinion
Price:0.29
View Thread (2)
RE: GECR youtube
Today 11:29
Err.. He wouldn't would he? Why else the promotional video
Eliwallach
Posts: 292
Observation
Opinion:No Opinion
Price:0.29
RE: GECR youtube
Today 11:21
I'm just telling you he said no placing due
Jackobill
Posts: 111
Off Topic
Opinion:No Opinion
Price:0.29
RE: GECR youtube
Today 11:18
Eli

I don't hold solo or care if there is or isn't a placing. Just thought the board may be interested in what he's saying about your investment.
Eliwallach
Posts: 292
Observation
Opinion:No Opinion
Price:0.29
RE: GECR youtube
Today 11:04
No placing so try another angle




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