Member Info for basil1717

"As of 29 June 2020, 113,143 bbl in total has been produced from Horse Hill." Plenty more barrels of dry oil to be recovered yet!

GENEL ENERGY RNS-The future is bright in the middle east!

"The Company is one of the largest London-listed independent hydrocarbon producers, with an asset portfolio that positions us well for a future of fewer and better natural resources projects. Genel has low-cost and low-carbon production from the Taq Taq and Tawke licences in the Kurdistan Region of Iraq, providing financial resilience that allows investment in growth and the payment of a material and sustainable dividend, even at a low oil price. Genel also continues to pursue further growth opportunities. For further information, please refer to www.genelenergy.com."

Which poses the question, if you are correct, why did we need to purchase the site equipment for a dud well?

Horse Hill is NO DUSTER. It is the SECOND BIGGEST onshore producer in the UK!

https://www.youtube.com/watch?v=-HazQlWgdzg&list=RD-HazQlWgdzg&start_radio=1&t=0

costs 50% less to drill turkey as compared to uk

Still very bullish on UK but Turkey will add diversity and quick returns to portfolio.

2004 – AME brings TETHYS OIL A.B. to Turkey as JV partner;



2005 – AME brings JKX Oil & Gas Plc. to Turkey as JV partner;

2007 – AME brings MELROSE RESOURCES Plc. to Turkey as JV partner

SS keeps pulling them out

https://www.youtube.com/watch?v=KHYnahPkJI8

WELL, at least they have their own rigs

Keep rubbing that lamp!

"we remain committed to growing our core UK business" SS own words

has not produced a press release for over 2 years, so is well suited to SS

Irresistible opportunites only benefit ONE person

We need more than a GENIE from Aladdins Lamp to get us out of trouble

I'm betting on a blue finish today!

With the bad news is out and the overhang gone. 'Movin on up, time to break free, nufin can stop us now'

And tankers laden with oil are still leaving HH!

SS is fiddling whilst we slip beneath the waves!

Might be a water leak?