Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bobrad - Take the rest of the week off mate.
From the RNS of 10th June:
Contractors are working toward a target date for first flow of well-head gas through the plant during the week commencing 20 June 2022 with first export (i.e. sales) nominations the week following. Angus looks forward to providing updates via Twitter, Linked-In and RNS Reach on detailed progress through the remainder of the commissioning sequence.
Maybe of interest to some?
https://www.bbc.co.uk/news/uk-england-surrey-61731019
An application to drill for oil in Surrey has been approved by the government after it had been refused twice by the county council.
The planning application had been opposed by campaigners and the Conservative MP for South West Surrey, Jeremy Hunt.
Mr Hunt, who was attending protests against the drilling in January, said: "It's absolutely extraordinary after COP26 in Glasgow that we are even thinking about drilling for oil and gas in this area."
Surrey County Council had twice refused permission to build two exploratory wells at Dunsfold.
COPL currently estimates the total reservoir volume of the discovery to be 1.5 billion to 1.9 billion Bbl. of Oil in Place ("OIP"), of which 1.275 billion to 1.64 billion Bbl. of OIP underlays COPL lands
· Production has already commenced from the Dakota Fm, the lowermost reservoir sand in the BFU 14-30VF discovery well (100% WI) at 100-120 Bbl. oil/d
Since the Jam10th announcement has this 100-120Bbls oil/d been confirmed or updated, Extra income of $12,000+ per day
[ Ref: LargeGin on COPL BB ] - Maybe of interest to some
Friday, May 27th, 2022
Oil prices have been edging higher this week as improving demand signals highlight the lack of supply options in oil markets if there is a drastic contraction in Russian production, a likely outcome if the European Union bans Russian oil. With both US crude and gasoline inventories continuing their decline, whilst recent altercations between the United States and Iran have rendered any JCPOA breakthrough largely impossible, analysts are anticipating another surge towards the $130-140 per barrel range this summer.
EU Pins Hopes for Next Week Summit on Russian Sanctions. The European Union hopes to reach a deal on Russian oil sanctions at next week’s leader summit on May 30-31, with media reports suggesting Brussels will split the embargo into pipeline and seaborne deliveries, allowing more phasing-out time for the former.
US Seizes Two Allegedly Iranian Cargoes in the Mediterranean. The US-Iran antagonism is set to increase further after US authorities seized two laden oil tankers in the Mediterranean, anchored in Croatia’s and Greece’s territorial waters, for allegedly smuggling oil for Iran’s Revolutionary Guard Corps.
Nigeria Might Soon Be on the Brink. Whilst Davos talks usually focus on grand strategy, Nigeria’s finance minister Zainab Ahmed stated that the country’s production is so low (at 1.5 million b/d in Q1) that it is barely able to cover the cost of imported petrol, blaming the shortfalls on theft and infrastructure attacks.
Thank God GIDEONS (who should have had a Government Health Warning attached to his Tag) has disappeared.
Feel sorry if anybody was swayed by his comments, even at 1.40 in March and Early May this was supposed to be 3p-5p.
It will come good, but you need more patience, we must produce Gas and produce Oil (Its always been in the ground, getting it out is/has been our problem)