Member Info for cperkin

Less than $250,000 to perforate the deeper target @ KN-1 in Q-4

Where's that flipping circular?

Cambridge, cool and cloudy 14C

Solo own 234,042,221 shares in UKOG, a 4.2% stake, if the shares goes down then the value of solos holding goes down if the UKOG shares go up then the value of solos holding go's up.

Simple read across

Well they are getting very excited over there willow, expect it would be better to be long than short Monday :)

Night.

Portland only and using sidetrack is my guess willow based on the below from RNS Number : 2898A even then the numbers don't add up unless they expect depletion and downtime?

"Given the knowledge of the Portland's true flow potential, plans are now being formulated to drill either the HH-1z sidetrack or HH-2 new drill as a horizontal Portland appraisal well, with a targeted* sustainable daily production rate of 720 to 1,080 bopd, 2 to 3 times the forecast calculated* HH-1 vertical well rate of 362 bopd."

583 bopd per well per day.

With thanks to DrRich on the UKOG board

https://planning.reigate-banstead.gov.uk/online-applications/applicationDetails.do?activeTab=summary&keyVal=PFK13XMV0P500

"The prospective applicant(Horse Hill Developments Limited) intends to apply for planning permission for the drilling of four new hydrocarbon wells (adding to the two existing wells on-site)"

"the installation of equipment and infrastructure necessary to the production of hydrocarbon, and the extraction of hydrocarbon from the Portland Sandstone and Kimmeridge Limestone members. The anticipated operational life of the well site would be 20 years, subsequent to which it would be decommissioned and the site restored. The prospective applicant anticipates that, at peak, production could achieve rates in excess of 500 tonnes of oil per day."

Excellent piece of research Dr R, thanks for sharing, ready for the troll version, they need 4 more wells because the first one does not flow enough ;)

Haha, clearly they are very confident thus far.

GLA

Lol must have been a flood!

"Ntorya is in the shallow waters close to the coastline of Tanzania "

"Ntorya is in the shallow waters close to the coastline of Tanzania "

lol, must have been a flood.

Thanks to newinthis on the solo board

http://www.proactiveinvestors.co.uk/companies/amp/news/205938

Just the Burgundy alone I am sure ;)

Soon be spud o-clock 🥔🥔🥔🥔🥔🥔🥔🥔🥔🥔 10 spuds all in a row - 1 for each day that ticks of as we go :)

Not kidding Mousey!

@willow, yes I can only go on what was in the RNS so yes 363 optimised, value depends on connected oil volume and calculated depletion rates and of course the Oil price and lift costs I guess? The more wells, the more production possible of course.

"Independent oil consultants Xodus Group's ("Xodus") analysis of flow and pressure data interprets that further HH-1 Portland vertical well optimisation could achieve a forecast sustainable initial 24/7 pumped rate of around 362 barrels of oil per day ("bopd")"

lol sorry sweet spot, hopefully not too much sweat!

I have no idea willow, they flowed very nicely in 2016 but only for a very short time period. If they achieve sustained flows anything like the 2016 test then UKOG will be doing very well. It all depends on the connected oil volume and how it flows through the natural fractures.

In summary the Jury is still out on the Kim but for sure the Portland looks comercial with the vertical well and would be expected to flow a lot better with a side track through the sweat spot as per the next well to be drilled there.

Can't be long before flow test begins properly?

Took a few sub 2p this week, must be close to Kim time, not forgetting the Portland results.

Have a lovely weekend all

GL

Someone preparing for next week then.

Haha, nice drop, collect and fill.

Have a lovely weekend!

Don't worry, I found it - 2014, a little before my time.

Pizza time :)