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That's for sure Ghost
anto
sure. But in light of the document, particularly the piece about DNO's wells, the gas potential is negligible and a distraction to this strategic project. Sure they'll maybe drill the carboniferous (deeper than Bunter Triassic) to see what's there and be a potential brine dumper if depleted. If what you are implying is correct then AC would be wanting market value compensation for the lost gas.
Just have to wait and see.
W$
anto
excellent find. The three things that stick out are
1/ No mention of HALO holding production licence
2/Brine disposal into depleted gas fields mentioned
3/ Timing of report - six months before administration
Any redevelopment of Schooner throws a big banner in the works....so your theory that the Schooner production licence has been effectively sold to NE is plausible.
So how much is this worth to the NE £5,10,25/50/75/100 M
WS
sunstroke ?
anto
I think the jubilee celebrations are getting to you (and why not !!)
God Save the Queen !
anto
"and Hague London Oil is now gone from the map"
as I said, can't get excited
W$
Cheers.
Not the sort of people image conscious Mr Looney would do business with imho
- especially if he knew all the details
and please don't say ' We will just have to trust that Cochran had this planned for the PIs all along'
Not funny if that's what your hanging on to.
Easy, Well
Absolutely agree with you guys, I believe this has all been orchestrated by Cochran and not for the good of the PI's
Not once did he come to us or the market to try and raise money to stave off liquidation and keep our producing assets. he didn't even have the decency to inform us of the pending Administration.
He did deals behind closed doors and when he got what he wanted (we will probably never know what that was on a personal front) he abandoned ship.
What makes anyone think that we (PIs) have any sort of ownership or control over what happens to Schooner or any potential CCS licence award ??
Please enlighten me.
well said easy
(btw in Texas they have guns, so might want a plan B)
The lot of them SORRY guys for the swearing BUT we waited years and then on the cusp of a windfall due hike in oil & gas prices snatched away by f-ing thieves UNLIKE like many of you HNL was a total punt very small amount invested £1000 around 9000 shares in total so not lost a great deal unlike some on here who have £0000’s but that’s not point we’ve still been wholly ripped off good and proper and given that they have teeth of a basking shark regulator bodies have we’ll see no justice here or anyone held to account I dread to think if HNL HELD for six more months how much more wealthy we’d be but maybe this was plan all along . If anyone ever finds out where Cochran. Lives and want to knock on his door and tell face to face and man to man what a **** he is ill join you never been to Texas, also catch a rodeo, Dallas cowboys math so wont be a totally wasted journey….does anyone on here actually think we have recourse or any value to us as share holders left here???????
Can anyone find me Jonathan Henry's new contact details
AC has cost us a lot more than what Schooner might bring in, so hard to get excited....
anto
Schooner and Boulton stranded gas are the key - lots of permutations on how this enables the CCUS projects.....including hydrogen generation/storage (windfarms nearby etc....)
Just have to wait and see
also bear in mind, BP & Equinor can just wait for the schooner production licence to expire then take it FOC
but, again I hope you are right
anto
I hope you are right, but AC has lost us more money than this (schooner production licence) is worth.
Just to be clear, we have not been awarded any CCS licence, BP and Equinor have
https://www.energyvoice.com/renewables-energy-transition/ccs/uk-ccs/410933/nsta-award-bp-and-equinor-carbon-storage-licenses/
W#-\
https://i.postimg.cc/5NZqkKZD/bunteraquifer.jpg
The fields in the area left around 40 MMSCFD stranded gas. Schooner recovery is low, so upside there. Restart production with new infrastructure, appraise the Bunter whilst redeveloping. Makes sense, but would BP & Equinor want to work with AC given the way he has treated us ?
anto
commonsense says Schooner can be redeveloped as part of the CCS scheme - doesn't mean we shall derive any value from it though.
W:-|
more like the twilight zone
are r saying we're (i.e. HALO shareholders) gonna get some value from schooner ?
https://itportal.nstauthority.co.uk/information/licence_reports/databycompanyandblock.html
whatever you have been smoking, I want some
W:-)
Maps updated
https://nstauthority.maps.arcgis.com/apps/webappviewer/index.html?id=cb3474a78df24139b1651908ff8c8975
Ghostwriter
Accept my condolences, if you have had heavy losses.
On the SNG board, we have also had a difficult time and I am certainly looking forward to better days.
It’s a shame when fellow investors mock and belittle when others have had a difficult time.
ATB