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Any activity offshore Morocco has to be a good thing dundeeee. Sod all happening offshore Ireland. Im aware predator oil is going after gas. Probally more of a smart move tbh. Cos is low agreed regarding europa but at the moment i just want to see them do sometning. The Irish frontier did at one time seem attractive but the politics there soon put a dampener on that.
Some positive news regarding Morocco.
https://www.moroccoworldnews.com/2020/01/292342/sdx-energy-finds-more-gas-in-moroccan-exploration-well-than-expected/
Predator oil drilling April also.
Can see why europa are here considering Ireland has stalled for political reasons..
Tbh giblets i dont want a Rns now with oil free flowing. I can wait for the proppant squeeze. They are confident we will get our 500 bopd. In the meantime whatever its producing is being sold. Hope this camp their building doesnt cause to many problems for the well site.
@serif.. I was referring to the acquisition of the edge prospect from dno. We still await aproval for this. Europa want to re-launch both prospects so i assume they will have to apply for a site survey for edge also. You are correct tho its more than likely this will take us to the latter end of 2021 for a decision from Mr. R.
@rob. Lots of work yet to be done on the Morocco licence. My reference was to Ireland. Both iniskea and Edge are drill ready. We are waiting sign off for edge from minister ryan. Once we recieve this then a re-launch of the farmout for both prospects can begin. Im just as frustrated as most investors here but im confident we will land that farmout and a firm commitment to drill by 2022.
@wraith. Yes they were on my radar at 1p. Wish i took the plunge. Hey ho. My main investment is here for corrib. Im confident we may see something probally 2022. I hold also union jack and Rebould. West newton could prove up to be something special. Good luck with all your investments..
https://www.share-talk.com/tpi-provides-its-latest-research-note-on-europa-oil-gas-holdings-plc-eog-l/#gs.t26mt7
Thanks serif... Very interesting. I note that the Irish site surveys are stated as 2022..
Little bit more info here on the proppant squeeze.
https://drillordrop.com/2020/09/28/egdon-plans-small-scale-fracking-instead-of-acidisation-at-wressle-oil-site/
I dont believe wressle will come online at 500 bopd. Im hoping its above the 82 it initially flowed. All the build up to kinda nothing otherwise. May be a few disgruntled investors when that elusive Rns finally does land.
@serif.. The key word for me in the rns was "accelerate" so im expecting more news to follow. I think thay have sat on their thumbs for long enough. I do see things unfolding here a lot differently to most. News on wressle soon.
Wakey wakey Minister Ryan
https://www.google.co.uk/amp/s/www.irishtimes.com/business/energy-and-resources/gas-was-dominant-player-in-electricity-market-last-year-1.4478896%3fmode=amp
https://t.co/8LIjIWI9qv?amp=1
Interesting listen Re. Wressle. I hold UJO and Rebould. Optimist wressle could supprise us.
Hello wraith. Not sure how you see it but my own opinion here is that Inishkea stalled due to political reasons and the uncertainty it created.. If we can get our permits signed off then europa will relauch the farmout. The gas licences are very important to Irelands energy security and to achieve their goal of net-zero carbon emissions by 2050.
Some more news coverage.... Hopfully see some movement from minister ryan on this..
https://www.naturalgasworld.com/irish-gas-lobby-welcomes-clarity-on-offshore-licences-85217