Thanks for the clarification on thinking Aduk. Wellwell, for yours too.
Project121
You make a valid and serious point. Many here, including myself, in wanting to see this succeed may not be as objective as necessary. I didn't sell on rumour, am now in the red but continue to hold long term anyway.
There is a more serious point though - never base investment decisions on what you read on bulletin boards alone.
Sorry Driver, you mean vote for Boris, the lying liar who doesn't lie, every, honest guv, never?
Driver,
You meant Alibi, not Albi1 - myself. Not here for politics - it's tricky enough as it is!
Right - Wellwell and Aduk, you're going to have to clear this up for me.
Is it a case of going back and drilling WW (2) or unplugging WW (1)?
Aduk
I think our posts crossed.
Right, so P&A on WW 1 but then data analysis overall determines where WW 2 etc. may next be drilled in 2020? Correct?
BB
If you take the time to read the RNS's and presentations you would have your answer - or read my previous posts - 6-12 mos of data needed on Lancaster - factoring n latest advised timings - February / March for 6 months of data or August / September for 12 months on Lancaster.
As to production on GWA - first step is data analysis to inform where they drill. How long might that take? That depends on what data they're looking for and what further investigation may be needed.
Trust that assists.
bartlebobton
Please read the presentations on the Hurricane website. It's all there for anyone to read.
Had to read up on the OGA guidelines as to which permits needed for what last night (and again today) - it would seem that by choosing the P&A option it makes good economic sense, leaving it open to unplug and clean up in 2020. GWA is all about gathering data. On that note this data will be the real proof of the pudding next year. My view is they are being very conservative at the moment.
Driver
His posts were reported and deleted. Keep up please.
D7
No, actually, quite the opposite which is why Aim who ramps on NFX day and night is quite upset. My posting history is here in black and white as is his - compare and contrast ? Or just throw random insults? I suspect you prefer the latter, no?
Driver, don't pick fights. Aim4's behaviour is not acceptable and I don't like bullies. I'm drawing my line. If he chooses to cross so be it.
Aim4Utopia
I have reported your last few posts on here, in particular, your last one as defamatory. If you persist I will take it further.
It is not myself or Chablard ramping or deramping all over the LSE boards (and probably Adfvn too). It is you.
Keep it up and I'll see you in court.
Commisserations Cashplus, does not sound like you've had an easy time of it lately. More results due here late December and in January so don't lose heart - there was nothing negative in the RNS today, just overhyped expectations in all honesty.
Somm
Do you mean WW/WC as in Warwick West/formerly known as WC?
LC or Lincoln Crestal - the 2nd of the third well GWA programme, recorded a maximum stable flowrate of 9,800 barrels of oil per day during testing. In addition, without the use of electrical submersible pumps, the Lincoln Crestal well flowed at an average rate of 4,682 bopd under natural conditions and noted that no formation water was produced.
Aduk
Thanks for the link - new to me and welcome. The sun is shining here too!:}
EV
"I have not once ramped or deramped this share"
You seriously have a memory problem. Do you actually ever read what you've written?
Three takeaways for me:
43 Api
Natural flow rate, not cleaned up yet - data on connectivity being analysed
Further data to be released in December on additional testing of 205/21a-6 and 205/21a-7Z wells on Lancaster.
This is a massive overreaction. This company is really not understood.
Alexios
Thank you! Sincere apologies - wrong terminology - yes, should have written 'suspended'! Still learning here ...
Apologies, correct link here:
https://itportal.ogauthority.co.uk/edufox5live/fox/edu/WONS_WELLBORE_SEARCH_PUBLIC
LC: 205/26b
WC/WW: 204/30b