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Hi Heid, Sorry i didn't reply last night but early to bed early to rise !!!
Firstly sorry don't do social media / twitter as it's not my cup of tea.
What i can tell you is, as i live local i do read local news & listen to local chat & word is "major oil discovery"
Also a lot of heavy machinery has been leaving the side this week speculating to the resident "anti fracking protesters" that Rathlin are leaving, Little do they know this i presume is to make way for the "raptor rig"
Hopefully once they realise "oil" this will prompt the "anti frackers" to leave site to a more suitable destination.
Also only problems i see local if they do start producing oil are the small country roads & big tankers, Although saying that we are all oil heating round here so tankers are delivering to local residence on a daily basis especially through the winter !!
This could be the reason behind the application for oil storage on site ?
Obviously i am not a ramper or deramper just a bog standard Pi looking to take a punt on a local concern .
You know what they say oil generates wealth and if some of that can come back to the local community then i am all for it as i do use the local pub & shop (-;
Below link may explain some of this but please be sure to read comments as well !!
https://drillordrop.com/2019/08/29/west-newton-well-test-suspended-after-oil-find/
GLA & Please DYOR
Mon, 9th Sep 2019 07:00
RNS Number : 5820L
United Oil & Gas PLC
09 September 2019
United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas
9 September 2019
United Oil & Gas PLC ('United' or 'the Company')
Confirmation of Award of Four Blocks in the UK North Sea
Highlights:
· Award of Blocks 14/15c, 15/11c, 15/12a, and 15/13c (Licence P2480) to United in UK 31 Licensing Round on a 100% basis
· Award in line with United's European-area strategy to identify and acquire low-risk assets that offer investors near term value trigger opportunities and significant value upside
United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, is pleased to confirm that further to the announcement of 5 June 2019, it has accepted the formal offer from the Oil and Gas Authority, the UK oil and gas regulator, of a 100% interest in Blocks 14/15c, 15/11c, 15/12a, and 15/13c (Licence P2480), with the licence term beginning 15 July 2019. The four highly prospective blocks in the Central North Sea cover an area of c. 500 sq km, and include the Zeta prospect, which United estimates could contain over 90 million barrels of in-place oil. The Blocks, which lie 10km from United's Crown Discovery, are close to the Marigold and Yeoman discoveries and the substantial Piper, MacCulloch and Claymore oil fields.
The Blocks have been awarded on the basis of a low-cost work programme involving the purchase of an existing high-quality 3D seismic dataset and detailed geological and geophysical analysis. This analysis is planned to better quantify the chance of success and reduce the uncertainty on the estimated oil volumes, ahead of making a drilling commitment.
Further information on the Blocks is included in United's announcement on 5 June 2019 (https://polaris.brighterir.com/public/united_oil_and_gas/news/rns/story/x8j9pow)
United Oil & Gas Plc COO, Jonathan Leather, said, "We are delighted with these awards, which, based on extensive technical work carried out over the available acreage ahead of the application were our primary focus for the 31 Round.
"This is our second successful UK licencing round and our largest award to date. United has done well to be included in the roster of companies which have been successful in this round, including Chrysaor, Equinor, Chevron and Total."
Update on Blocks 98/11b and 98/12
In the same licencing round, United was Provisionally awarded 10% interest in Blocks 98/11b and 98/12 in the English Channel, which lie contiguous with United's 10% interest in the Colter P1918 Licence and contain the Ballard Point discovery and the eastern portion of the Colter South discovery. The Company expects to receive confirmation on these licences in the coming weeks and will provide an update on this in due course.
ENDS
Well that's just great !! The Motley fool has given us a positive write up. LOL