Member Info for deltalo

Time to buy on the cheap, this will bounce up as H2 news is due anytime, Gla

I use VesselFinder but there’s many others, you’ll get from you App Store.

Supply ship has left Blythe and is back at Great Yarmouth.

H1 well took two months from spud to flow rates, H2 is being drilled 2250 feet deeper and plus we had a two week delay.

So if we were drilling the same depth as H1 and add the two weeks delay then flow test would be on the 19th May, add on an extra 2250 feet drill time, so I expect news by Monday at the latest.

Here’s the H1 flow rates news on the 29th September 2021…

…

29 September 2021

IOG plc

Successful Blythe Development Well 48/23a-H1 Flow Test

IOG plc ("IOG", or "the Company"), (AIM: IOG.L), the Net Zero UK gas and infrastructure operator focused on high return projects, is pleased to provide an update on the Blythe well 48/23a-H1, the second Phase 1 development well.

Highlights

-- Blythe well successfully drilled, cleaned up and flow tested to a maximum gas rate of 45.5 mmscf/d through an 80/64(th) inch choke within two months of spud

-- Gas in place and recoverable volumes at Blythe are estimated to be in line with prognosis

-- Good improvement in drilling performance over the Elgood well

-- Phase 1 First Gas guidance reiterated for Q4 2021

-- Initial Blythe Hub production rates expected to be within planning case range

-- At current gas prices, 2021-22 cash flows expected to substantially exceed planning case

-- Noble Hans Deul jack-up rig mobilising shortly to Southwark to continue the Phase 1 development drilling programme

The well was drilled by the Noble Hans Deul jack-up rig to a Total Depth of 10,750ft Measured Depth (MD), intersecting 1,238 ft of good quality Permian Leman Sandstone reservoir along hole between 9403 ft MD and 10,641 ft MD, with a net:gross ratio of 95%, porosity at 10.6% and average log-derived permeability of 5.0 milliDarcies (mD). Based on this initial data, the Blythe gas in place and recoverable volumes are estimated to be in line with pre-drill expectations.

Buy and hold.

Should never have dropped, the H2 well is all going as planned now, time to buy.

Results can’t be far off now, this will bounce back up soon, don’t be left out. H2 should now be at target depth , all going to plan now so 10p+ coming soon. Buy on the dip.

The standby safety vessel Esvagt returned to Great Yarmouth at 13:30 yesterday afternoon,

Drilling could have reached its target depth of 13,000 feet.

So it looks like the drill was a success to me so far.

Flow test next, so can’t be far away. Gla.

I expect a rush of buys this afternoon as we could get flow test as early as Monday-Tuesday imo. It’s coming soon anyway. Take your positions, I am. Gla

Just bought another 25k 7.05p cheap at the moment. Gla

Blythe field is already a producing field, so it’s definitely going to come in as expected imo, confidence in the companies ability to deliver has returned, 10p by Monday easily. Atb.

The way this is moving we’ll be at 20+ in a week or two.

Huge volumes each day now. Buy and hold.

Does look really good now, Can’t open the link,

The trend is definitely up now, 7p+ tomorrow quite possible as we’re very close to another update.

Great to see how quickly they solved the drill problems and got thing moving again,

Great team at last here, the right people with the right experience and skills, just like our CEO Rupert Newall and COO Dougie Scott. Excellent job.

H2 is a game changer for Iog. If Flow rates are between 30-40 mmscf/d as predicted and no water issues then we’re well in the money here.

All going well now . We have our COO on the job so I’m confident it will come good. Buy and hold.

Just to beginning of the recovery, breaking out now. Double digits soon.

Can’t be far off the flow test as we only had 500f to drill, also we should find out soon the assets acquired around our pipeline in the 33rd licensing round, all to look for to.

Looks like sellers shares get snapped up straight away, must be in high demand. 15p before flow test would be nice.

Buy and hold,

We had 100m from cal energy back in 2019, also we will get another 65m towards phase 2, our partner has ver deep pockets,

Mkcap only 29m so we are massively undervalued. Atb

Gaining a lot of interest now things are going right for a change, sp should keep rising towards hook up and flow test. I feel more positive now. The new team are turning things around at last

Yes the safety vessel Esvagt Champion is still at Blythe,

Just looked on VesselFinder. Not long to go now before we reach target zone.