Member Info for deltalo

Thanks for that Calder, not far from the rig then, probably be connected with a 12’ pipeline to the rig.

They drilled H1 in the southeast of the Blythe field, H2 is being drilled in the central high so it’s better positioned than H1 and more likely an even more successful well. Im not sure how far away the well is from the platform, if anyone knows?

Buyer’s returning by the looks, taking up positions before the H2 flow test.
Looking good here.

I can’t find anything that says that Southwark is written off, I know they are evaluating the Southwark A1 drill and have chose to drill Blythe H2 instead as it’s nearly guaranteed a successful well and could deliver a very high cash flow.
The next drill will be another known field that may not need hydraulic fracking just like Blythe that’s near to the central hub,
We own many gas fields around are pipeline so mabe there’s plenty of choices after H2 that doesn’t involve fracking for a more safer and a guaranteed return like Blythe.
That’s my homework over the Easter holiday unless anyone else knows. Goddard or Kalham north and Kelham central that’s possible, many others that’s not far from Blythe.

We’re overdue a good rally up from this very low sp,
I thinks there’s a lot on the sidelines waiting to buy and soon as it moves they will.
H2 is a very predictable well in the field so it’s a lot less of a risk as the company has stated. Dyor and gl.

H2 well is expected to produce 30-40 mmscf/d .
The Blythe field has three highs, H2 will tap into the central high that should be almost a certain successful well.
.
H2 will target Blythe's central high and is a lower risk well, not requiring hydraulic stimulation as Blythe is a more permeable reservoir

- In a success case, H2 would deliver several key benefits:
o Higher gas production rates, expected to be initially in the 30-40 mmscf/d range from H2 after a period of displacing liquids in the Saturn Banks Pipeline, driving higher cash flow

o Lower aqueous liquid arrivals into Bacton, reducing associated costs

o Increase in ultimate recovery of Blythe gas reserves

Are they still selling as they’ve had plenty of time to sell below 3 percent in the last few months, and if I recall, Milton still hold at 4 percent.
I believe they are holding and waiting for H2 to come on-stream.
If successful then we’ll see a huge increase in their holdings straight after.
Gl.

Gas prices bouncing back strong, wait unto they start refilling the European storage ready for next winter, as predicted the gas price is expected to stay high to at least 2028.
If we get H2 right then it’s a game changer from this very suppressed sp.
I believe it’s almost guaranteed as we are already producing from the same field.
Atb.

Fire,
Yes UK NG up 7.5 percent, the outlook for gas prices are to remain high for the next few years at least.
Great for this company that is designed to be profitable on low gas prices.
https://www.marketwatch.com/investing/future/gwm00?countrycode=uk

David,
I was talking about an update on the 33rd licensing round.
I’m not ramping at all and if you look back, I’ve already said I’m here long term . I haven’t put £50 grand in here for a quick trade.
Going by H1, H2 should deliver around 40 mmscf/d, it’s a more predictable well than Southwark A1.
I’ll keep adding at this level. gl.

also I noticed that the supply ship Vos Paradise will be back at Great Yarmouth at around 04:00am.
All moving on quickly as planned.
H2 has the potential to financially set up this company to complete the central hub and then move onto phase 2, then we get a 65m payment from cal energy towards are share of phase 2.
The potential to have multiple producing fields around are pipeline is very exciting and I believe it could be very rewarding for shareholders as gas price are expected to stay high and the company has a low cash burn infrastructure due to a pipeline we own and delivers are gas directly from are producing fields back to are processing plant at Bacton and then across the road and into the national grid. The potential excessive cash flow from theses future wells is in the hundreds of millions pa. Exciting times ahead I do honestly believe. Dyor and Atb.

I expect this will attract high volumes of investors as we get closer towards H2 well being completed.
H1 delivered 45mmscf/d on first gas, so I expect H2 will we around that but without the water and mud restrictions. Gla.

Strange trading activity going on with the mms lately,
I noticed that Milton still own 4 percent, so they could be ready to increase again,
This will move fast on any positive news and about time to.

Wolster lol,
So you can’t find it then, that’s because there wasn’t and guidance on predicted gas production from Southwark A2 as I remember.
H2 has a predicted gas production guidance of 30-40mmscf/d. and clearly stated this before spudding.
That’s why I believe there very confident in this well producing as expected. Dyor

Wolster,
Please show me where they gave guidance on gas production rates from Southwark A2 well, I’ll stand corrected if you can find that info, or are you talking BS!
Cheer’s.

The company must be a lot more confident in the H2 well than they were with the Southwark well. This time they have given a guidance on the predicted gas production rates of between 30-40 mmscf/d straight away whereas they didn’t give any indication of predicted gas rates with Southwark. This give’s me more confidence that this well will deliver as expected. Gla.

If H2 produces 30-40 mmfcf/d and I believe it will do as expected , H1 won’t be shut but just they’ll restrict the flow until it doesn’t produce water, H1 produces more condensate than water and made £ 3.4m from condensate.
H2 won’t eventually produce water as the only reason why H1 did is because they intercepted a fracture from the underlying aquifer, that’s quite unusual and unlucky, so H2 will likely be fine and produce higher gas flow and help accelerate production and increase the recovery from the reservoir.
20p+ Sp if successful. Gla

I noticed an off sore tug supply ship “Vos paradise” has made its way over to the Blythe field today. Things moving on fast I believe.

No he’s not, forfaiter is a clueless idiot, doesn’t even know that when cal energy became are partner in 2019 the gas price was 45p -50p a therm, it was expected to be profitable at that level, the company made a 51.8 m profit from a 79m revenue after all the capex last year.
Good news on the windfall tax being dropped this week I must say, should never been introduced when we’re still buying in LNG from the US,
Shameful government we have I must say , when you think we use to export gas many years ago. This country has lost its way I’m afraid to say but at least it’s a step in the right direction, and about time.

Here’s a clue,
https://www.calenergyresources.com/
Have a good w/end.