Member Info for 111baker

Doriemus Plc has acquired an initial participating 10% in United Kingdom Production Licence PL 235.
The Brockham Oil Field is located on licence PL235 in Surrey, southern England. The field was discovered by BP in 1987 with the drilling of the Brockham-X1 well. The field currently has average daily production of approximately 35 bopd from the Brockham-X2Y production well.
Key Facts:
10% working interest
Located in the Weald Basin
Operated by Angus Energy who own 55%
Acreage covers 8.9 km2
Mid-case (Xodus CPR): 2.8 million barrels of oil (gross)

buy if u can

Doriemus Plc has acquired an initial participating 10% in United Kingdom Production Licence PL 235.
The Brockham Oil Field is located on licence PL235 in Surrey, southern England. The field was discovered by BP in 1987 with the drilling of the Brockham-X1 well. The field currently has average daily production of approximately 35 bopd from the Brockham-X2Y production well.
Key Facts:
10% working interest
Located in the Weald Basin
Operated by Angus Energy who own 55%
Acreage covers 8.9 km2
Mid-case (Xodus CPR): 2.8 million barrels of oil (gross)

Weald oil flowing big time at Balcombe, Ukog yet to report at Horse Hill.
The principal players all shared an office in Jermyn St Mayfair, brought together by David Lenigas , Who instigated the whole Weald drilling. I believe they will join under the producing banner of Angus Energy to form a new oil company with interests in Iceland and world wide.

DL has 3 homes so he can spend time at home with his family as he travels round the world.

The indications are he takes no salary, living off the millions from the sale of his business.
That business included Fastjet, an African low cost airline, and are we not fed up with Ryanair?
Few staff, tardy reimbursement, fares at Nuppence halfpenny, but expect all regular airline services.

Give him a break.

Here you can discuss things--so few blogs.

See how DL has built in options to his Weald play:

Doriemos Plc has a participating interest in the Lidsey Oilfield (“Lidsey”) in West Sussex of 20%

Doriemus Plc has acquired an initial participating 10% in United Kingdom Production Licence PL 235.
The Brockham Oil Field

The Company currently owns a 10% interest in a special purpose company, Horse Hill Developments Ltd,

The Balcombe site could be ideal for Octopus drilling for many Weald areas with a rail line by the site which could transport the oil to Fawley. The well will be constrained by the maximum Tanker movements allowed, so the pressure will be on to lay a pipeline to a new rail spur adjacent to the well [hidden by foliage].

Brockham has production permissions for several drills and is close by Balcombe, so a pipe connection may be feasible.
DOR has 10%, in Brockham and can perhaps increase this by selling the HHDL stake, this would also start the amalgamation of the Weald coys under the producing banner of Angus oil.

But there is a wider picture.

BREXIT will take place in March of next year, and with it comes turmoil.
MR Vonk will err on the side of caution, I feel, and keep things at a low level, maybe even suspending all new activity until the whole mess is resolved.

If a divided conservative party lets in hard labour under Corbyn, first to be nationalised will be the rail companies, then a tasty oil company promising rich tax pickings. There would `adequate compensation`, deserved by rail coys-- sheer robbery for Angus.

Of course if a new leader--comes the hour comes the man---and manages an acceptable break hopefully for both sides, then it is full steam ahead.

Bergen flooded Angus with funds and is recouping that, so no more talk of placing, and the no of shares in issue is tiny anyway.

UKOG is breaking new ground with the Portland results and is starting on the huge Kimmeridge levels, which we know flows at Lidsey.
Mr Vonk at Angus is keeping a low profile to avoid the extra costs that protestors generate.
Maximum daily profit from the Kimmeridge with todays oil $80 ---is circa $870000.

Watch for the choke on the pipe --they will probably only admit to 800bopd and anyway it will be tankers for at least a year.

DL is a planner, he has said he is no good at running a company [cap`n swag moaning about Fastjet ], but he can put together people and investors who can get things done.

It is my belief that he is gathering the Weald companies to QUIETLY extract the oil from one or two pads using Octopus drills consisting of several horizontal drills of up to 20 miles from a single pad, piped to the refinery or railway siding. Balcombe sounds ideal for one pad

The only tankers will be waste tankers, cranes, and pipe deliveries, not a regular daily schedule.

This infrastructure requires more money than the minnow companies could raise or borrow-- placing would reduce all holdings by an unacceptable 90%, Best hope is that David will persuade an oil giant [and Total already has a stake] to be a junior partner in a new-environmentally friendly- oil company.

The alternative is selling out at a price that is less than game changing for the LTH

The advantage for the BP`s of this world would be they remain one step removed from an oil spill.
.

Time scale to full fruition is 5 years, at least-- but the reward is many tax millions more in the nations coffers for the next decades. And Russia can never hold us to ransome. Oh and dividends in the pounds.

UKOG has registered as a production company, but traditionally council permission has taken years to grant while Angus is producing, so gathering under that banner would speed up matters,
.

Mr SWAG;
scam (skæm)

n., v. scammed, scam•ming. n.
1. a fraudulent scheme; swindle.
v.t.
2. to cheat; defraud.
v.i.

Balcombe will flow test next week--

The perforation gun will be for the two kimmeridge levels, never tapped, virgin territory, missed since 1987, by the finest, best trained operatives working for well respected companies. Shame on them, and some --junior 30 years ago, now seniors, disgusted now that they did not try the kimmeridge with small explosives to try to get some flow of oil, but no IT IS IMPERMEABLE and it was left to an Aussie trained mining engineer ---Lenigas by name to see the opening and organise HHDL to exploit the Weald oil at Horse Hill.

Now DL is also set to amaze in the Medical Cannabis and Lithium fields--and those who believe in him will be rewarded.
-
-If you were Impatient and sold to the Patient do not cry SCAM.

the article contained a reference to DL`s three homes- its just jealousy.

My daughter is flying to Texas in a few hours she has felt obliged to tell her staff she is visiting the Lake district- because why cannot she pay more to the real workers. The green eyed God.

You must give me chapter and verse of court action, anything else is innuendo.

Warts and all is why I follow DL..

Shares in Fastjet, the African airline backed by easyJet founder Sir Stelios Haji-Ioannou, closed down 8pc on Monday after it proposed a reorganisation of its share capital to ensure it can raise further funds.

The airline made a loss after tax of $56m (£37m) in the 18 months to December 2012, and saw an operating cash outflow of $19.9m.

Two years after DL sold the company.

I lost my history with this share when REM changed to Cadence KDNC, but I remember DL took a mining degree but made his name by taking Lhonro [of `the unacceptable face of capitalism` fame.]. It was a remnant-only one hotel:- he built it up to a multi million dollar business and sold it around 2010. Although trained in mining, he was on the board of several hundred companies, giving him a wide range of contacts [He resigned from all coys in circa 2015].
This why I admire him and give a lot of slack. Why cheat, why betray his fellow investors, why not allow them to share in his knowledge of many areas of business around the globe.
He seems to take no salary, works hard and travels the world.

If the Kimmeridge delivers as we think it will, he will be everyone`s hero.

Doriemos Plc has a participating interest in the Lidsey Oilfield (“Lidsey”) in West Sussex of 20%

Doriemus Plc has acquired an initial participating 10% in United Kingdom Production Licence PL 235.
The Brockham Oil Field

The Company currently owns a 10% interest in a special purpose company, Horse Hill Developments Ltd,

The Balcombe site could be ideal for Octopus drilling for many Weald areas with a rail line by the site which could transport the oil to Fawley. In Arizona I saw several mile long trains carrying the equivalent of 50-60 road tankers.

And this is the crux --amalgamating the Weald coys ensures the unobrusive extraction of the huge quantities possible from the vigin, never exploited Kimmeridge levels

Do not write off REM, now Cadence, there is a tidal wave of Electric vehicles from many companies, inc Dyson, on the near horizen, and DL has set in place mining resources supplying the rare metals needed for the batteries and brakes of cars and lorries.
There is a mystery over Sonara, an open cast lithium mine 99% pure--the best in the world- close to the USA border in Mexico. They had a 49% interest and a contract with Tesla but something happened and Tesla dropped off the radar, and Cadence now have 11% of Sonara.

Andrew Suckling the CEO, is confident, and after all, the EV revolution, much discussed, is not here yet, Global warming, however, clearly is all too prevalent.

To allay fears, oil will still be needed for other uses.

My investments spread though several coys are intact, and will come good because I trust DL --warts and all.

Flow test at Balcombe:

thanx Alan2017----for this;
Horse Hills’ Upper Kimmeridge Limestone was only perforated for 88ft…..yes thats correct only 88ft of exposure and had stabilised dry oil rate of 901bopd.

Balcombe is a horizontal well and with its slotted liner (pre-drilled holes) is exposed to +/- 1,700ft of Upper Kimmeridge Limestone. That’s 19 times more exposure than at Horse Hill who observed 901bopd from only 88ft.

Balcombe may stun us with results of 17,405 bopd, needing 87 tankers a day to trundle the stuff to the refinery.
Would any bank baulk at funding the infrastructure to transport by rail.
payback would be short---with profits in the region of $870,000 each and every god given day!!!!
I witnessed DL in action at the REM party, and he easily dominated, in a friendly way, all present. Here`s what `proactive investors` website think--

Lenigas, as well as helping find the funding for the early exploration of the Weald Basin, is executive chairman of Doriemus PLC (LON:DOR), which is part of the consortium helping develop the onshore play.

Conclusion:
This is an obvious over-egging of the likely result, but the message is clear for all to see. Learn to love your hardworking leader.

DavidLenigas tweet today--
We now have oil plays coming in to test and on line soon at Horse Hill, Brockham and Balcombe. Years in the planning and its all coming together now.

To come IMHO--plans to form a Weald company with a major oll coy involved, raising funds through bank loans.

At Balcome;
No drilling required just preparing the well for Kimmeridge level flow data.

Best site for multi drill pad-with link by rail to refinary- because hidden from view.--

If you are walking along London Road, you will notice the Balcombe Field Discovery is screened off by foliage. Drivers and cyclists will have difficulty seeing the field and our equipment. On the other side is British Rail, it is camouflaged by the foliage as well.

Share Price:
set to soar......
Market Cap:
$0.14 Aussi dollar

Dark horse:
The term began as horse racing parlance for a race horse that is unknown to gamblers and thus difficult to place betting odds on.
The first known mention of the concept is in Benjamin Disraeli's novel The Young Duke (1831). Disraeli's protagonist, the Duke of St. James, attends a horse race with a surprise finish: "A dark horse which had never been thought of, and which the careless St. James had never even observed in the list, rushed past the grandstand in sweeping triumph."

With the UKOG results it MAY be a double whammy, DORIEMUS is involved in
all of the above inc Brockam.

Dark Horse indeed.

Vernony says

"it is rare, if ever,paid by a company these days. But, in the beginning of shares it was the anticipated dividend which underlined the SP.

Now, it appears, that the sp is set at a notional value of the company, if it did pay a dividend, which most do not. So have shares have become divorced from their true beginnings and we now bet purely upon the value of the company, if it were sold, and how much that would relate to the cost of buying back its shares by its purchaser. In other words (in Aim) they act more like a crypto-currency ?"

Excellent observation.

And the way David Lenigas can secure his reputation by producing several examples of AIM companies developed from concept to dividend in--and do not cavil about time scales please-in Weald oil, lithium and legal cannabis.

He has the makings of achieving this laudable, indeed groundbreaking, goals
.

It matters not whether the coys are upgraded to Footsie status, a lot of investors know him and he is not shy about telling it himself. ..., AIM is a setup for fledging outfits anyway, full of faults maybe, but the best we have.

This is NOT an invitation to belittle DL, just grow up and accept his Modus Operandi.

Doriemus is the link between UKOG and Angus Energy, with stakes in both companies.
Tucked away on ASX in Australia it is troll free and stable, tho at a low level historically.

UKOG is breaking new ground with the Portland results and is starting on the huge Kimmeridge levels, which we know flows at Lidsey.
Mr Vonk at Angus is keeping a low profile to avoid the extra costs that protestors generate.

David Lenigas must be a very irritating figure to the CEO`s of the Weald companies, jumping in at every new development as if he was the mastermind happy at what his minions were doing.

But he IS the planner, he has said he is no good at running a company, but can put together people and investors who can make it work.

It is my take that he is gathering the Weald companies to QUIETLY extract the oil from one or two pads using Octopus drills consisting of several horizontal drills of up to 20 miles from a single pad, piped to the refinery or railway siding.

The only tankers will be waste tankers, cranes, and pipe deliveries, not a regular daily schedule.

This infrastructure requires more money than the minnow companies could raise or borrow, so it may just be that our David will persuade an oil giant [and Total already has a stake] to be a junior partner in a new-environmentally friendly- oil company.

The alternative is selling out at a price that is less than game changing for the LTH

The advantage for the BP`s of this world would be they remain one step removed from an oil spill.

DL is big in Lithium [crystal ball stuff], potentially big in legal cannabis [would you bet against it coming to the uk in the next decade?], so forming a new oil giant is par for the course.

Time scale to full fruition is 5 years, at least-- but the reward is many tax millions more in the nations coffers for the next decades. And Russia be damned!

UKOG has registered as a production company, but traditionally council permission has taken years to grant while Angus is producing, so gathering under that banner would speed up matters.

Any of the Weald coys are a good punt, but DOR is the dark horse.

I am too careful of my money to pay to remove ads from the word games played online, but very noticeable, are the ads for lithium investment-`is it too late` they posit- then go on to show that the time to invest is very much now, with EV cars set to flood the market.

Invested from REMMY days, this is a painful reminder that invested now I [and I suspect you too] would have many more shares in play.

But I take heart from the indications are that interest is growing and patience is easy when the alternative is a loss.

Our stake in the Weald oil has moved a notch closer to dividends!

UKOG has agreed to pay Gunsynd an aggregate consideration of GBP 550,000, made up of GBP 50,000 in cash and the balance of GBP 500,000 by way of 28,571,429 UKOG shares priced at 1.75P being the bid price at the close of trade on 16 August.

Also Gun have 3,067,172 shares in United Oil & Gas (“UOG”), an independent oil & gas start-up established in 2015 by a former Tullow Oil Team.
Their onshore licenses abut Wytch farm and if the kimmeridge produces commercial quantities then it will add to the HH bonanza.

This move gives UKOG controlling interest in HHDL, perhaps leading to further amalgamations.

Overall we have a small but direct interest in Weald oil, and the Kimmeridge levels lie under both of them.

I turned off the Webinar after the first few minutes, when 6 to 10 months was mentioned before there is any progress on EMH [political football] and BCN [DL fumbling I learn later].
From the posts by more dedicated caddies I gleaned that staying in but not buying more was the way to proceed.

OK, so Mr lenigas [some would say] is fallible.

While his attack on Elon Musk disturbs me with its vitriolic language, my belief is that he is largely sound in his investment strategies.
That he learns lessons is borne out by his downplaying of his Cuba initiatives.

I do believe that the investments set up in Gunsynd will be good, and the Weald Oil will hit the media sometime this year, and his role in investigating, then amalgamating the players to form an oil giant [this is speculation!] will, and do not forget the legalisation of cannabis [more speculation]-and thus secure his place among the titans of business.

It is enormous fun watching this all unfold, my -untouched- investments are not vital, and the upside is, well you be the judge.......

For me a mystery never resolved was the agreement/contract between REM [as was] and Tesla, described as `complex`, it disappeared sometime in 2016 and never mentioned again--was it cancelled, adjusted or moribund.
When BCN announced its funding plan DL tweeted that it would never have happened [the funding] if REM was still involved.
Now we have this tweet yesterday:

David Lenigas
I told you all that @elonmusk was in deep **** when he tweeted the other day. There is Zero Chance the US SEC will let him off now. Deep doodoo. @Tesla the biginning of the end! Sadly. Loose lips. But he did change the world. He is going to prison. Elon - remember me! Ha!

This suggests that Elon is off Dave`s Christmas list--was the repudiation of the agreement the cause?

I must catch up on my conspiracy theories, something is happening, but we do not know what, do we------ Mr Jones?

The perforation gun will be for the two kimmeridge levels, never tapped, virgin territory, missed since 1987, by the finest, best trained operatives working for well respected companies. Shame on them, and some --junior 30 years ago, now seniors, will be disgusted now that they did not test the kimmeridge with small explosives to try to get some flow of oil, but no IT IS IMPERMEABLE and it was left to an Aussie trained mining engineer ---Lenigas by name to see the opening and organise HHDL to exploit the Weald oil at Horse Hill.

Now DL is also set to amaze in the Medical Cannabis and Lithium fields--and those who believe in him will be RICH, I tell you, RICH!!!
-
-
Eventually.

Tx for youtube video on fishbone system, added to information, perhaps there is no visible equipment on site--only turbine machines.