Member Info for Alan2017

Chickndinner - that was very kind of you to say, but honestly not required.

I will have to differ to somebody else who has more knowledge of the market side. It does seem strange that the SP crashed after the 16th Nov 2017 RNS with poor flow rates, yet this time its the opposite? Perhaps we need to replicate it again at Brockham for the heavy hitters to be convinced? I hope Bergen do as folk say and sell up ASAP.

Great thing with the Brockham EWT is that we can sell the oil produced....hard money filling up the Angus coffers is a definite sentiment booster.

All the best

HeidHoncho - The reservoir section was left open for 1 month due to a very brave coring and extensive logging runs....before the liner was run. I see you are using some of my nice quotes like confirmation bias.....so you will also agree that that is a very stupid thing to do, as it goes against Good Industry Practices.

I'm not sure what your angle is as you're not a regular poster on here....folk will just have to make up their mind regarding your intentions.

You design your well to case off all your problematic formations before they start to degrade and cause you issues. This is what Angus will do and have the casing show of the 7inch liner landed out in the reservoir. Then it's a simple case of geosteering maintaining your well path within the limestone. After all...this is what they do in Qatar (limestone reservoir) and who also have the longest extended reach wells. Limestone is a competent rock. It's a much more stable rock to drill through. You can also run expandable liners to overcome long hole sections to ensure you get the liner on depth. I note you failed to mention any of this.

And why do you suggest a water based system? Didn't the original HH well use oil based mud with no issues? And they didn't use it at BB?

Balcombe and Brockham flow tests in Kimmeridge.

Balcombe horizontal
Brockham production licence...tap ready to be opened.

That's all you need to be focussed on.

I've been on this board since February 2017 and I've always given honest answers whether it was praising or criticising Angus.

I liked the early days video presentations to show investors the geology they would be drilling through and what the Kimmeridge looks like. Drilling wells on target and on budget was also a plus point.

I didn't like the way they handled Lidsey and how the 2 RNS days apart were constructed, as well as the subsequent placings that devalued Angus. The acquisition of Balcombe certainly didn't make me happy with a further placing.

But we had to live with it and wait for the action to start.

And then todays Balcombe RNS. As somebody who doesn't have a Twitter page used to promote whichever share he has just invested in by taking countless photos.....I can only use my long experience in the oil industry working in the highest senior positions to say I am actually very excited. I didn't expect to see flow rates of over 3,000bopd. Yes you compare HH vertical flow test for a 88ft section back in 2016....but its all hypothetical.

Today Angus proved the Kimmeridge flows...the Wealds first horizontal flow test in the Kimmeridge from a well which was suspended for 5 years. This is transformational for Angus. The slugging can be fixed using a larger gas separator and bigger diameter pipes. The water is another easy fix as it can be isolated with packers which then does not impact upon producing from the rest of the reservoir (above and below).

The future for the Weald is multi-lateral wells where you have 4-5 wells branching off every mother bore (the well you see at surface with a wellhead). Instead of 6 wells you can have 30 wells.....thats a lot of oil which translates into a very healthy SP.

Now we move on to Brockham.....production licence + Kimmeridge = Printing money!!!!!

I wish all genuine investors in Angus all the best and please question why certain folk always seem to ask negative questions. Its almost like they don't want Angus to succeed? lol

Wasit - Angus will carry out the 60 day test as its part of the due diligence. They will want to see how the reservoir reacts over time after being flowed. Rather like opening a bottle of Coke and after replacing the cap see if the pressure is maintained (trapped flow = pressure).

Folk have asked about an EWT...well its small steps...no use doing an EWT and find out its a duster...so you do a 7 day test and then on positive results ...can then initiate an EWT. All very positive.

Pboo - I'm sorry, but for all your nonsensical posts regarding the oil industry when you have zero experience i the oil industry......you haven't even picked up a bucket of pipe dope lol

Your statement below is factually incorrect and I see you are pursuing a line which is blatantly lies.

"Water is a problems as it costs just the same as oil to be taken away. Double the cost = less profit. They will need to drill a water injection well."

Firstly you don't need a water injection well.....you only require a water reinjector once the reservoir is depleted and you need to boost the reservoir pressure to flow the oil.....so thats your first mistake.

Secondly you can isolate the water bearing zone with packers above and below and continue to produce from the oil bearing zones above and below.

As others have said..utter ridiculous!!! Don't pretend to be an oil expert.

Pboo - slugging can be rectified. Best way to describe it when your surface equipment (gas separator) limitations is exceeded is:

It's like your drainage system for the roads .....biblical rains means the system can't cope and it over flows. ...causing flooding .....well if the rain was oil....then you close the tap to reduce the flow of water and prevent flooding ...

Or ....install bigger pipes. ....or in our case a larger gas separator which can handle more volume....then we will get the plus 3,000bopd.

Angus stated "the well slugged at up to 3,000 barrels per day which had to be reduced as it exceeded separator operating capacity."

Angus experienced a Turn Up Slug as shown on this link at 17 seconds in......you install bigger capacities and pipe diameter to mitigate this problem.

https://www.youtube.com/watch?v=1rqsDc2GUTs

Great news for all Weald players...and next is Brockham that has a production licence...like printing money. Now that would make a great article on Weald Oilers ;)

Market magic - $14 and will come down with more wells online.

moroccoknows - it is quite common to have to isolate zones that produce water....there is a whole sub industry dedicated to just this...so this a non issue. Fantastic news for every genuine holder.

Aberdeen - quite right. They had to reduce the output due to the surface equipment limitations i.e. gas separator. You always require a seal otherwise you end up with a Deep Water Horizon scenario. Now that Angus knows the capability of the Kimmeridge,..it can install a larger piece of equipment that can cope with the volumes expected plus more.

Also the water that was encountered can be easily rectified by using slickline to log the reservoir an pin point where the water is coming from (zone of communication). They can then run a completion string with packers and isolate that particular area and still be able to produce from the other say 98% of the reservoir hole section.

What would this mean after carrying out the above....we get to produce more than 3,000bopd from just one well. With multi-laterals you can have 4-5 wells from 1 mother bore well...which means you can have 30 wells at Balcombe.

And what do we have next...Brockham...which also has a Production Licence.

Happy days for all genuine long term holders.

injection...not infection lol

Mr Orange - Angus can actually have 6 producing wells. You only need a water injector well once the reservoir becomes depleted and you need a water reinfection well to basically boost the reservoir pressure.

Also with multi-lateral wells you can have 4-5 lateral wells branching off from the mother bore (well that actually goes to the surface and has the wellhead connected to).

The second page on the attachment shows the various multi laterals that can be achieved. All this will boost bopd output.

https://www.slb.com/-/media/Files/resources/oilfield_review/defining_series/Defining-Multilateral-Wells.pdf?la=en&hash=730D37E002832607122133A9D5A2E62F555EF545

Boom - why give a time frame that you don't know will happen. All you're doing is adding an unnecessary expectancy. It will be relased when its ready.....before or after Wednesday.

I'm more interested about the contents rather than the release date.

Jungerns - erm......wrong board.....Real Analyst I'm sure is referring to Angus (hence this board) and the Balcombe RNS ...which will happen. Remember....folk don't work over the weekend. So plenty of time.

As ever.....you're overthinking. It's not like you've ordered a taxi and its late.

Guys....stop clogging up the board with attempts to correct the Troll....he has no intention of dialogue, but to divert attention away from the Balcombe RNS which I would like to see in the next 10 days. And hopefully news about mobilisation of equipment at Brockham.

Beat the troll with positive news.

Pboo - sigh....read the actual article and you will be enlightened. Also you do realise the significance of a "/" ?

Pboo - still sadly wrong lol Your post references the BOP as "Blue Multi Valve" is in fact a triple ram BOP.

https://twitter.com/WealdOilers/status/1045673721942413318

The BOP has no valves....it's just rams. what you attach to it...and what you refer to blue pipe...which is actually a lubricator with a Bowen quick connect.....

Tell me how a valve is going to cut the wire and seal the well?!?! Of course not.....

http://www.allipc-bop-oiltools.com/products/Triple-Ram-Wireline-Valve.html

That hole your digging is getting deeper and deeper..

Pboo - sadly you until can't read properly...I corrected you by saying its not a Blue Multi valve..I told you its a slickline BOP......and BOPs' don't have valves.....so once again way off.....more than 14 miles off lol

Why would you jump on to the Angus board and start an argument over that....very strange indeed.

Alexios - you’ve come done with Pbooitus lol Why don’t you read what shinfalls actually said “And Brockham (with its production licence) is only 5 miles away from the Gatwick Gusher.” So HH isn’t the Gatwick Gusher any more? Lol 4.97miles Brockham to HH