Member Info for caesar

Can anyone anticipate when final flow testing will be announced

Mail:
Liz Truss vows to give green light to oil and gas drilling licences if she is elected as next Tory leader

From advfn
hTtps://www.dailymail.co.uk/news/article-11155305/Households-25-discount-energy-bills-local-fracking-plans.html

Wow. Gas highest now at 650-pence-a-therm

Mail
Energy bills 'could hit £6,552 in April': Latest eye-watering forecast lifts price cap to more than THREE times current £1,971-a-year limit - as EDF boss warns of 'catastrophic' crisis

Mail:
Now energy prices could rocket past £6,000 a year this Spring: Fears grow that soaring cost of electricity and gas could plunge millions of UK households into Christmas blackouts as experts warn of looming winter power crisis

UK Natural Gas is expected to trade at 449.63 GBp/Thm by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 659.17 in 12 months time

Can anyone suggest possibly when we will have the results of this expected flow rate

Can anyone guesstimate the initial SP here if the government gives fracking the green light.

Apparently as Truss on GBNews last night said she will agree to fracking, can anyone estimate what the SP ciuld reach initially upon this future confirmation

Can anyone guesstimate how much free float remains now in percentage terms

Anyone like to guess at a possible takeover bid price in sp terms :)

Does anyone know how far this Edinburgh well is from Deltics's acreage as this has just been released:
Oslo, 8 July 2022 – DNO ASA, the Norwegian oil and gas operator, today reported that the Edinburgh exploration well (30/14a- 5) drilled in offshore UK license P255 is being plugged and abandoned having failed to encounter commercial quantities of hydrocarbons in the prospect. The well was drilled to a total depth of 16,500 feet and encountered two sandstones of Jurassic age but wireline logging indicated no movable hydrocarbons within the sandstones. DNO holds a 45 percent interest in the Edinburgh prospect. The well, operated by Shell U.K. Limited, was drilled through a joint well agreement covering four separate, contiguous licenses, of which two are in the UK (P255 and P2401) and two in Norway (PL018ES and PL969).

I think they will announce the favourable decision in October just after the next domestic gas hike to garnish public support

The decision will be debated by the new cabinet after their election and their recess from 25th July to 5th Sept.
So we could now have a decision towards the end of September because it's obviously a contentious issue.
However it's only some 11 weeks away.

UK natural gas futures declined to 280-pence-a-therm from a four-month high after Norway’s oil and gas unions agreed to put a stop to the strike, calming nerves about a significant reduction in the Scandinavian country's gas output.

I think the government will make an announcement quite soon to deflect the current heat off Boris, as there is no other main news to distract the public

Putin won't back down.
The next UK election has to dictate a feel good factor so utility prices must drop.
Government is therefore very tempted to give this the green light

Any guesses as to what the share price will reach if the government agrees fracking this week

Does anyone know if the forthcoming well is a shallow or deep one and if so how many days for completion of the well itself