Member Info for Brombarb

128K before his career as an analyst DW was at Woodside and although not responsible for cutting deals would certainly have been very involved in determining what was good and what was bad and making recommendations to the executive, he has been around the oil industry all his career.

128K before his career as an analyst DW was at Woodside and although not responsible for cutting deals would certainly have been very involved in determining what was good and what was bad and making recommendations to the executive, he has been around the oil industry all his career.

Bren $69.41 (08:31) Saudi will have to try harder :-(

http://www.livecharts.co.uk/MarketCharts/brent.php

only 5m traded or 0.09% of all shares traded for small fall in SP

0.019AUD = 0.0106291GBP

0.020AUD = 0.0111888GBP

ASX(close)
1.9¢ 5.00% down
Volume1.812M

Chi-X (close)
2.0¢ 3.47% down
Volume3.157M

BP may have sold their non-operating interest in the Kuparuk field but they are still committed to Prudhoe Bay and investing in same, see earlier posts regarding modern 3D activity this winter.
Not certain if they have plans outside of Prudhoe Bay but ANWR might be to tempting, they still have a large interest in Point Thompson as well as some other producing units.

25M at 16:06hrs, one large near 5M sell but otherwise a good mix of buys and sell.

moda think that will go into the wiki ANWR page

its pretty cold out there
https://www.timeanddate.com/worldclock/usa/prudhoe-bay

weatherstation Deadhorse Airport.

page 11 also interesting, not sure if GBP will complete any Dalton Road drills this winter.

https://eplanning.blm.gov/epl-front-office/eplanning/planAndProjectSite.do?methodName=renderDefaultPlanOrProjectSite&projectId=102555&dctmId=0b0003e8810d09e5

Riv that links to my earlier post, but thanks.
How far can we drill horizontally ? :-)

https://www.kallanishenergy.com/2018/04/12/conocophillips-claims-three-drilling-records-in-alaska/

We have partners at WICK, no one is releasing information for what ever reason.

Wick Q4 so not delayed yet, as for Tunisia & Sarawak we need to be patient, the wheels of bureaucracy can move slowly and involve a lot pressing the flesh.
This will come good, we know Ensco72 is contracted and we have an experienced BOD.
Not over worries if traders are selling, opportunity for investors to accumulate.

Unsure sounds a bit like Azerbaijan :-)

Three-quarters of the available oil was believed to be southeast of the anticline in a zone riddled with complexfaults, folds and subterranean dead ends that split the oil-bearing layers into two dozen deposits, or "traps." Mostseemed small and difficult to tap, but two or three traps appeared to be Saudi-sized -- big enough to hold billionsof barrels of petroleum, though there is no direct proof that they contain any. The KIC-1 well is said to have beendrilled into one of these.
Ehm believes the refuge is an oily place. He's seen it seep to the surface in small, black pools. "It could producefor 25 years," he predicts. "But I'm also a scientist. If it isn't there, you plug the wells and move on." By now,Ehm believed he would have earned his fortune selling the survey's details like a treasure map.

Jof agree one project and no others in progress, lambs to the slaughter.

Paul Basinski obviously agreed with the extensions to Icewine as majority are jv. Leases bought purely for conventional has not cost mega money although I accept it has to be proven up which has (will) cost money.

Jof
Probably different rules for producing units such as Prudhoe & Kuparuk, most are shared ownership as well.

http://www.gasandoil.com/news/n_america/3b38b087544a39c7dad052b6e7fd8d7f

proposed land swap is administered by DOG on behalf of SOA, ANWR like NPRA is administered by BLM, federal lands but Native Corporations in the mix.
In respect of the ANWR there will be strict limits on actual surface acres that can be drilled from, so lateral drilling will be the method, not sure how leasing will work probably few acres but high price and royalty.
Strange seeing the Ktoo report talking about oil seeping from the rocks and ground, unspoilt tundra? best to drain it I think ;-)

not sure how the NPRA sits with limits, they are BLM administered so COP can build acreage on the NPRA & NS in isolation.

mikemike
Chevron were active on the slope up to ten years ago, still have bit parts in a lot of leases (23000 acres), have lots of historic research and drills, would they refocus on the NS?
Their historic drills locations are interesting.
As for BP they are spending a lot (not really perhaps) on modern 3D on 300K plus acres, to make it more attractive or to see what may be technically recoverable these days off small pads?
Nothing surprises me, we do not know what we do not know.