Member Info for biglad0001

RNS Number : 0508V

Echo Energy PLC

09 December 2021

9 December 2021

Echo Energy plc

("Echo" or the "Company")

Operational Update

Echo Energy, the Latin American focused energy company, is pleased to provide an operational update regarding its Santa Cruz Sur assets, onshore Argentina for Q4 2021 to 30 November 2021.

Daily operations across the asset base in Santa Cruz Sur and the delivery of produced gas to industrial customers under contract have continued uninterrupted during the first two months of Q4 2021. Production over the period from 1 January 2021 to 30 November 2021 reached an aggregate of 523,735 boe net to Echo, including 74,605 bbls of oil and condensate and 2,695 mmscf of gas.

As a result of the completion of capacity increasing infrastructure works, gas production in November 2021 averaged 7.1 MMscf/d net to Echo, an increase over the 6.7 MMscf/d net production rate during the previous month.

Net liquids production in the first two months of Q4 2021 averaged 255 bopd, and is an increase of 31% over Q1 2021 levels prior to the commencement of production optimisation and the bringing of shut in wells back on line. The benefit of both infrastructure maintenance and the previously announced commercial focus on high-quality blends at Santa Cruz Sur has also led to an increased frequency of oil sales during Q4 2021 to date, with total liquids sales net to Echo in quarter four to date of 16,855 bbls (Q3 2021 total of: 15,050 bbls). This increase in liquids production has helped to offset the expected natural decline in gas production over the year.

The Company looks forward to updating shareholders on production levels on a quarterly basis going forward.

For further information, please contact:

My error apologies

The Shareholders Won

New board incoming

Watch this company transform now

The lady that just spoke said if its turned down an appeal would be sort by Rathlin and would be won with probably 100% of costs awarded !

Appeal's can be very costly as the council found out with Wressle

25/06/2021 7:00am
UK Regulatory (RNS & others)

Prospex Oil And Gas (LSE:PXOG)
Intraday Stock Chart

Friday 25 June 2021
Click Here for more Prospex Oil And Gas Charts.
TIDMPXEN

RNS Number : 0770D

Prospex Energy PLC

25 June 2021

Prospex Energy PLC/ Index: AIM / Epic: PXEN / Sector: Oil and Gas

Prospex Energy PLC ('Prospex' or the 'Company')

2020 Final Results

Prospex Energy PLC, the AIM quoted investment company, is pleased to announce its audited annual results for the year ended 31 December 2020.

Building a European focused gas production and power generation business

for the energy transition

Portfolio Overview

Podere Gallina Exploration Permit, onshore Italy - focused on bringing Selva gas field ('Selva') into production at an initial rate of up to 150,000 scm/day

-- Significant progress made with production concession permitting process
o Full environmental approval received from the Italian Government post period end following technical approval received in January 2020

o Preparation of documentation in support of application for a full production licence for Selva

-- Advancing discussions with potential non-equity funders for Prospex's c. EUR580,000 share of Selva development costs

-- Post period end commencement of development and preliminary work to prepare the field for production in mid-2022

El Romeral, onshore Spain - completion of acquisition of integrated gas and power project

-- Permitting process underway for a multi-well drilling programme targeting low risk opportunities to increase gas supply to 100% project owned power plant which is currently constrained to operating at c. 22% capacity due to current wells' tail production

o Two development locations with 5 billion cubic feet ('Bcf') of gross contingent resources

o 11 prospects with 90 Bcf of gross, un-risked prospective resources with high Chance of Success of >70% (in most cases)

-- Full capacity at the plant can be achieved with one successful new well coming on stream which, combined with selling electricity at Spain's historic average price of EUR70 per MWh (including subsidy), has the potential to indicatively generate project level financials (on a gross basis) of:

o EUR4.2 million annual revenues

o EUR2.4 million profit before tax

o EUR1.8 million profit after tax

Financial/Corporate Overview

-- Total Assets of GBP5,748,211 (2019: GBP6,341,890) provide significant asset backing
-- 11% reduction in administrative expenses to GBP972,193 (2019: GBP1,091,871)
-- GBP720,000 raised via an oversubscribed placing of 600,000,000 new ordinary shares to help fund the Company's acquisition of a 49.9% indirect stake in El Romeral

o Certain Directors acquired new shares in the Company with an aggregate value of GBP140,000 as part of the Placing

-- Share re-organisation effecting one new ordinary share for 25 existing ordinary shares
-- Change of Company nam

After the bell the orders are taken off the book

what a time to be sat on a few 100K of these............

This will be some Summer !!

I forgot to add.

GOOD LUCK ALL !

Well to all holders long and short this is the moment we have been waiting for.

For some, potential life changing news flow about to start

TIDMAEX

RNS Number : 9919W

Aminex PLC

29 April 2021

29 April 2021

Aminex plc

("Aminex" or "the Company")

Extension to Annual Report and Accounts publication deadline

Aminex announces that following the granting by the Financial Conduct Authority of a temporary relief of a two-month extension to the 2020 Annual Report and Accounts reporting deadline, it now expects to report its 2020 Annual Report and Accounts in May 2021, rather than by 30 April 2021. This is due to the impact of the Covid-19 lockdown, timely access to information and travel restrictions. Despite the logistical challenges presented by the pandemic, the Company is pleased to confirm that the audit process is at an advanced stage.

TIDMUJO

RNS Number : 9582V

Union Jack Oil PLC

20 April 2021

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement

20 April 2021

Union Jack Oil plc

("Union Jack" or the "Company")

West Newton Operations Update and Well Testing Programme

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce an operations update and forward well testing programme in respect of the West Newton B-1Z ("WNB-1Z") conventional appraisal well, operated by Rathlin Energy (UK) Limited.

The Company holds a 16.665% economic interest in PEDL183, encompassing an area of 176,000 acres and located within the Western Sector of the Southern Permian Basin, onshore UK, North of the river Humber. PEDL183 contains the WNA-1, WNA-2 and WNB-1Z hydrocarbon discoveries.

Highlights

-- Cased Hole Logging Programme ("CHLP") and Vertical Seismic Profiling ("VSP") operations on the WNB-1Z well have been completed

-- CHLP results confirmed the presence of a good cement bond of the production liner and well bore integrity

-- Data from the VSP is currently in Romania being processed. Initial indications are that the data is of good quality

-- The VSP data will be used to refine the 3D seismic interpretation, primarily to be used in volumetric calculations towards reserve/resource figures for the West Newton field and for the identification of future well locations

-- The next phase of operations will be conducted utilising a service rig and will be comprised of perforation and stimulation of the Kirkham Abbey formation and subsequent flow testing of the well

-- This phase of well testing operations is expected to commence in May 2021. Operations will take approximately four weeks to complete

-- Following completion of operations on WNB-1Z, the testing of the WNA-2 well will commence
-- Various thin section images taken from core plugs obtained from the West Newton B-1Z well show porosity throughout the core with the better samples exhibiting porosities of between 12% and 15%

The WNB-1Z Side-Track Appraisal Well

The WNB-1Z side-track appraisal well commenced during November 2020 and reached a Measured Depth of 2,114 metres. 18 metres of core was successfully cut and recovered from the Kirkham Abbey formation.

Highlights

-- Good seismic calibration across the West Newton project area, highlighting both the Kirkham Abbey "platform" and "slope" deposit

- Demonstrated hydrocarbon column of at least 118 metres with no hydrocarbon-water contact
- Thick porous section identified in both WNA-2 and WNB-1Z wells suggesting a contiguous Kirkham Abbey reservoir across the West Newton structure

- B-1Z well de-risks the southern component of the West Newton licence

happy days

Strong start

RNS Number : 4599U

Prospex Energy PLC

06 April 2021

Prospex Energy PLC / Index: AIM / Epic: PXEN / Sector: Oil and Gas

Prospex Energy PLC ('Prospex' or the 'Company')

Full Environmental Approval for Selva Gas Field

Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce that it has been advised by the operator, Po Valley Operations Limited ('PVO'), that full environmental approval for the development of the Selva Malvezzi Gas-Field ('Selva') in northern Italy has been received from the Italian Government. Full environmental approval paves the way for the grant of a full production licence from Italy's Economic Development Ministry. Prospex holds a 17% interest in the Podere Gallina licence which holds the Selva gas field.

Full Production Licence

The operator expects to submit the required documentation in support of its application for a full production licence for Selva during Q2 2021. This will include an application for an INTESA (intergovernmental agreement) between the regional and national governments, which is a standard development procedure for onshore gas fields in Italy. A preliminary gas Production Concession (80.68km(2)) was granted by the Italian Ministry for Economic Development in early 2019.

The receipt of full environmental approval follows the approval of the Environmental Impact Assessment ('EIA') of Selva and subsequent sign-off by the Ministers of MITE (Ministry of Ecological Transition) and MIC (Ministry of Culture). The approval has been published on the official website.

Selva Development Plan

In tandem with the production licence application process, development and preliminary work has now commenced to prepare the field, which has gross gas reserves of 13.3bcf (2P), for production in mid-2022. Under the first phase of the development plan, a fully automated gas plant will be installed at the existing Selva/Podere Maiar 1dir well site along with a one-kilometre long pipeline to connect the well with the nearby Italian National Gas Grid. The planned Selva development has a small footprint of less than half a hectare.

Based on dynamic reservoir studies, the field development is designed to produce at a maximum rate of up to 150,000 cubic metres/day (5.3 mmscf/day) from successfully tested C1 and C2 production levels in the Medium-Upper Pliocene sands of the Porto Garibaldi Formation.

Prospex non-executive Chairman, Bill Smith, said, "Gas production at Selva promises to transform Prospex Energy's financial profile and with this in mind the granting of full environmental approval for the development of the field is a key milestone for the Company. With a planned maximum production rate of up to 150,000 cubic metres/day, Selva on its own is expected to generate annualised revenues several times greater than our historic annual corporate costs which, in turn, will enable us to pursue additional low risk exploration and devel

Union Jack Oil (LSE:UJO)
Intraday Stock Chart

Tuesday 30 March 2021
Click Here for more Union Jack Oil Charts.
TIDMUJO

RNS Number : 8754T

Union Jack Oil PLC

30 March 2021

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

30 March 2021

Union Jack Oil plc

("Union Jack" or the "Company")

West Newton Operations Update PEDL183

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to offer an update in respect of the future planned test programmes at West Newton.

The Company holds a 16.665% economic interest in PEDL183, encompassing an area of 176,000 acres and located within the Western sector of the Southern Permian Basin, onshore UK, North of the river Humber. PEDL183 contains the WNA-1, WNA-2 and WNB-1Z discoveries.

Highlights:

-- Draft Environmental Agency permit received for completion, well clean-up and Extended Well Test ("EWT") at WNB-1Z and additional wells at the West Newton B site

-- First phase of evaluation, including Cased Hole Logging Programme and Vertical Seismic Profiling, of WNB-1Z to commence in April 2021

-- Processing and interpretation of data expected to take two weeks and will inform completion, well clean-up and EWT operations for WNB-1Z well

-- Preparations for updated Competent Person's Report at West Newton in progress
Environmental Agency Permit

The Operator of PEDL183, Rathlin Energy (UK) Limited applied to vary the West Newton B Wellsite permit and has received a draft of the varied permit from the Environmental Agency ("EA") that will accommodate completion, well clean-up and EWT operations. This permit includes the WNB-1Z discovery well and any additional wells planned for the West Newton B site.

An EA permit is already in place at the West Newton A site, that includes further clean-up and EWT operations on the WNA-2 well.

Cased Hole Logging Programme ("CHLP") and Vertical Seismic Profiling ("VSP") Survey

The first phase of the evaluation programme on the WNB-1Z discovery well is planned to commence in April 2021 and will initially be comprised of a customised CHLP including a cement bond log, a Weatherford Raptor evaluation tool to log the Kirkham Abbey formation and a VSP.

The Raptor tool is a pulsed neutron wireline logging device that provides a quantification and advanced analysis of oil, gas and water saturations and potential fluid contacts in a cased wellbore.

This cased hole logging activity will be followed by a VSP survey that will provide a high-resolution calibration of the existing 3D seismic data and is considered to be a more accurate method of calibrating previously interpreted formation tops and previously calculated time-estimated formation depths.

Following completio

He says not

Treeshake

I ll second that edgar, Sadaat is a very knowledgeable and shrewd investor.

He's no ramper and know how to spot value. Adds to my confidence hes in for £250K

Makes my £70K seem a tad modest!!

A classic pump and dump? with this volume and trades ??

dont think so