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WTI now $105 ($30 UP per Barrel from 10/Jan announcement)
Awaiting confirmation Report re Wyoming Discovery 1.6 Bil - 1.9 Bil barrels (expected very shortly)
CUDA awaiting confirmation of purchaser (COPL = Great, ANOther = Great)
Angus Energy/Balcombe, West Sussex APPEAL UNDERWAY
APP/P3800/W/21/3282246
Appeal against refusal of planning permission for 1-year extended well test. Final comments due 14 April 2022. Details on Planning Inspectorate website and West Sussex County Council planning portal
** No Date Set Yet For Decision **
Angus Energy/Brockham, Surrey DECISION AWAITED
SCC Ref 2021/0165
Angus Energy is seeking permission to produce oil for 15 years from a well at Brockham. Details Next Surrey County Council planning committee meeting due 27 April 2022.
** 27 April 2022 - Decision Day, may be able to view meeting on Webcam **
Great Question Jiddy,
Meant to say:
Ryder Scott Co LP
Ryder Scott Company LP provides oil and gas consultancy services. The Company offers integrated field studies, drilling and development program, equity determination, including certification of oil, gas, condensate, reservoir descriptions, and plant product reserves. Ryder Scott operates through worldwide.
Expecting some OK results , but with a very Positive "Future" Spin on them.
Arthur will want to show Potential Partners/Bigger Oilers/Market he has his finger on the pulse and is control of what he's doing.
Any Additional news on Nigeria will be a Bonus.
News from Rigby Scott and it will be BOOM Time.
"...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"
From January 10 RNS, is this a NEW bit of information for ShareHolders?
I ask as its 3,000 - 3,600 Bbl. p/month (approx value flow now between $300,000 - $420,000)
Not the biggest , but possibly already being added into the coffers?
(so $1m for Q1)
Canada pledges to help countries stop using Russian oil
Canada says it can provide more oil, gas and uranium to help solve the global energy crisis.
Prices have soared as a result of Russian supplies being squeezed because of its invasion of Ukraine.
Canada's natural resources minister said many countries are committed "to help as much as we can in terms of displacing Russian oil and gas".
The world's fourth biggest oil producer has committed to exporting an extra 200,000 barrels of oil.
Full Story: https://www.bbc.co.uk/news/business-60879685
Still and i's to dit and t's to cross
Announced by ANGUS on 22/March
Consideration of our planning application for a partial abandonment of the Kimmeridge and
reperforation of BRX4-Z in the Portland is to be deferred from the 23 March Planning Committee
meeting advised to the next meeting on 27 April at the request of Surrey County Council.
Usually can view these meetings on WebCam
https://www.bbc.co.uk/news/business-60825744
Perhaps they need to cast an eye over Canadian Overseas Petroleum Ltd (COPL) who recently announced a discovery of 1.5b - 1.9b barrels of Oil in Wyoming.
These figures are yet to be "confirmed", but no harm in looking.
----------------
COPL is a smallish Oil Company and will look for (large) partners if estimates are correct.
Believe land drilling 4x/5x cheaper than at Sea.
Costs are 4x/5x greater when drilling at sea than on land.
Perhaps they will look elsewhere US would be nice if our figures prove to be 1.5b - 1.9b or MORE
https://www.bbc.co.uk/news/business-60825744
The survey will continue its vital work to monitor how new variants, like Omicron, spread in the community - and how vaccinations and having had COVID-19 before, affect our risk of getting COVID-19 in the future. Currently, the survey is planned to continue until March 2023.
If we have 77% Wonder who has the remaining 23%
Dakota Fm.
The Company estimates the Dakota discovery to be approximately 37,000 acres (58 square miles) in size, of which 77% is under the Company's leasehold. The potential resource is significant, with Oil in Place ("OIP") in the Dakota Fm.
reservoir sand estimated by COPL to be 400 million bbl, with 308 million bbl. of this estimated to be on the Company's 47,992 gross contiguous acres of leasehold.