Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ask SCC for a statement signed, written.
This is astonishing that no one knows anything. It is pure guessing and speculation going on for over 2 years regarding planning, OGA, EA, SCC. I am invested to see a well drilled and tapped and still no oil and its almost February of 2019. No words...
Pump? EA permit condition 01? Domestic fights. Nothing is obvious here. Where has the money gone? Should have been funded for Brockham last year... Where is the previous 2 millions raised not long ago? Why Lidsey is not producing its 300 barrels? Why no detailed info about Balcombe after months? Where has the bond option gone?
No one can answer me. Never.
This whole company is a joke... Clown incompetent management with incompetent councillors. Total chaos... Deeply disappointed here.. Been waiting for this since the very first day... Getting impatient and frustrated. Bad joke you are angs...
Thank you.
I am reading this forum since the first day more or less. I missed this bit. I am not an oil expert either. I am a simple investor who is more cautious after so many false promises.That's all. As I remember Angus said they expect a fair amount of gas what makes me think is over average so I would think they are prepared for decent gas ratio. As well as I remember they let people know when the gas to wire system is set up one and a half year ago...
I fully respect Alan's posts (frankly the only reason to visit this board) but it seems this company has always something against industry standards.
According to the permit 930 cubic metres or 32842 cubic feet what the generator can handle if my calculations are right. That's for 0.93 MW.
'The operator has confirmed in their
schedule 5 response that they understand that if they require a larger gas engine for their BRX4-Z
operations in future that they must apply for a permit variation to comply under the MCPD.' And as I understood if they exceed the above gas amount they have to hold another permit. So it's not just adding another unit.
They talk about the heater might run by gas to wire as well what is 340 KW extra to burn. As part of missing nod on gas management for production.
My concern is they had 18 months circa to make a proper gas management plan for production but is still missing. As usual...
You didn't directly but as said it is modular and can be increased in capacity I take it as a no. It is not capable of.
You could easily say no saving a lot of typing.
I didn't say I don't like your answer.
So can somebody tell me how much gas the generator on site can handle according to oil/gas ratio expectations?
Seems everyone talks about the annual rate can be processed...
I understood that Pdub. But you didn't answer my question.
Logical to me is if you expect 1000 bopd+ you have sufficient equipment for the job. As logical as you don't stop for weeks when you hired expensive equipment. Logical to sidetrack the right well or logical to start flow testing the site which can make you money. Logical to hire idle equipment not waiting for another company all the time to finish. Logical to hand in paperwork way before you want to start doing something.
They always do things at the latest possible time.Hopefully they don't wait for equipment at HH to finish again. It is my observation. The 1-2 weeks suggested for maintenance is up. Couple means 2 as I now. But before Christmas... 2-10 weeks. Typical Vonk. Hopefully sooner than later.
That's true. I mean you can block him but you have no effect on others who are willing to follow him. And even if you don't see his tweets it's still there for others.
I checked on him once. That type you cannot take seriously at first sight. Moreover if you read his pinned tweet you can tell he got several problems with himself.
"The Company will then commence a fully approved well test program of the Balcombe-2Z horizontal well at the earliest opportunity. As Operator, Angus Energy will also establish a local Community Liaison Group and contact local residents, at the appropriate time, before work commences."
My opinion when you see some ads in local media + 3-4 weeks... They don't say to let Bergen offload. And also waiting for ukog to start kimmeridge short tests so it gives another boost to sell into and after that.
!!! And they want to do a public consultation before Balcombe kicks off so how long does it take to organise, promote and fulfil that? A month at least? So Balcombe shouldn't be even near to start before end of August earliest? How long is to set up and down after a week of testing? 3 weeks overall at least? So best scenario Balcombe is finished at end of September. In this case, what is earliest again, Brockham won't start before October and it's Q4!
Vonk says they are going to be producing afterwards Horse Hill tests. Then he said interesting summer ahead (I assume he wanted to say Balcombe test and Brockham production in the summer some point). He thinks delays doesn't really matter(as long as he gets paid and Brockham was meant to be producing in 2017 Spring...)). Horse Hill tests are going on so AFTERWARDS (again, after only) they want to switch on Balcombe and after that Brockham. So no change for us (??. .WTF does it mean? He just put Balcombe before Brockham). He doesn't know why the share price is so low and he thinks they delivered on time and on budget (2 placings, one producing well under expectations, a mismatched sidetrack, Tidswells mis(t)ery). And production gonna happen in the NEXT FEW MONTHS. If he is confident about august 8th why wuld you want to wait How long does HH test take? Another 120 days maybe?generatin revenue before testing another exploration well? I watched it 4 times but I don't get it what's going to happen and when.
More confusion.
Very unprofessional.
That is the reason why people are selling.
I think.
He said he is going long now. A week ago he said angus assets needs fracking... Two hours ago he says he controls the market XD . He might switch off the internet tomorrow to influence the whole planet. imho