Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
May be - Vermilion Energy's (TSE:VET) Upcoming Dividend Will Be Larger Than Last Year's
https://finance.yahoo.com/news/vermilion-energys-tse-vet-upcoming-125443215.html
Dathrilla, maybe this is helping a bit !
"Tui is expanding its cooperation with Wizz Air"
https://aviation.direct/en/tui-expands-cooperation-with-wizz-air
No problem Gerry, I have been a Travelling Willbury for 30+ years after graduation, with only a few years back home early on, but do keenly follow the news, politics & my investments, etc. Now too used to the sun, heat & good weather to go back full time :-) Re the new Taoiseach, Simon Harris will be elected on April 9th, hardly a radical change & he stated that he expects to keep the Dail to full term, ie, March 25 max. GLA, DB
PS - I have copied a great post from FabPhil on PRD & its worth a read for all here & may bring about some Inishkea & Corrib movements.
Securing Ireland’s Gas Supplies23 Mar 2024 18:37
https://www.gov.ie/pdf/?file=https://assets.gov.ie/276795/c7ca6839-05f5-4d7f-8db9-bbf12f4eba67.pdf#page=null
Page 20 - “This analysis indicates a strategic FSRU as the only short-listed option that can fully mitigate unserved demand in Shock Scenario 4 and 5 which involves disruption of seven or 30 days of both gas interconnectors”
Page 21 - “The CRU ‘2022 National Risk Assessment: Gas’10 highlights that Ireland is not fully compliant with the EU Infrastructure standard. Ireland’s N-1 has decreased from 85% in 2018 to 65% in 2022 and remains unable to meet the Infrastructure Standard (N-1) in the event of failure of its largest piece of gas infrastructure i.e., if the supply of gas via Moffat is partially disrupted Ireland will be unable to deliver sufficient gas from other entry points to meet total demand on a 1 in 20 year peak-day”
“If Ireland is not able to meet its gas demand it could have very significant impacts on the country, depending on the timing and duration of any disruption to supplies, according to an ESRI working paper ‘The Cost of Natural Gas Shortages in Ireland’11 that was published in 2010. The Economic and Social Research Institute (ESRI) paper estimated the cost of disruptions in the supply of natural gas and found that (i) the cost of losing one day of gas-fired electricity amounts to 0.1-1.0 billion euro, depending on the time of week, the time of year, and the rationing scheme used, (ii) the cost of losing three months of gas-fired power could be as high as 80 billion euro or 50% of GDP and (iii) losing gas for heating for three months would add another 8 billion euro on average. In this paper, ESRI also discuss some options to increase Ireland’s security of supply and find that the cost is a small fraction of the avoided maximum damage. It is noted that this assessment does not cover the social impact of a gas supply disruption. The Department has requested ESRI to prepare an update to this analysis”
Page 24 - “The Department’s view is that the level of risk presented by a technical disruption over the next decade is UNACCEPTABLE at the moment. It further notes that even if a regional approach could be taken to the N-1 infrastructure test as previously
MikeSO2, a good St Patrick's day optimistic share price call, just some things of note re 23 Easter comparisons, that Easter market update was on the Thursday 6 April 23 before the Easter Sunday 9 April 23 & I wonder if last years later Easter might slightly change the run rates compared to this years earlier Easter. My guess is the Easter update will be more similarly dated to last year, when there is more visibility, but then who knows :-) GLA, DB
Morning Gerry, I have lived abroad for years, so out of the nitty gritty, but as far as I know, from the Providence, Barryroe & Landsdowne boards over they years, they are as bad/blind as the Greens against new oil & gas exploration licences, but I see no mention of honouring existing licences. If elected when money is wanted for their huge social programs, maybe we might see some very fresh thinking !!! :-) I also expect a Sinn Fein & Greens & other left parties have a 50+ % chance of forming the next government. See link below to their latest policies, not much clarity for us, under the renewables section. GLA, DB
https://www.sinnfein.ie/policy-document-archive
LBW, I would suggest it is your good self that needs to do some more reading ! An Irish Dail term is for 5 yrs & it was agreed in 2020 that Fianna Fail's Michael Martin would be Taoiseach for the first 2 1/2 yrs, then it rotates to Fine Gael's Varadkar for the second 2 1/2 yrs. Varadkar has just stepped down, most unexpectedly, after 1 1/2 yrs, with european elections coming up fast & a General Election within the next 12 months. The future newly elected Fine Gael leader, will become the next Taoiseach for the remainder of this coalitions life.
Nothing burger, Varadker stepping down as Taoiseach & Fine Gael leader, but does not expect the announcement to trigger a general election !!!
Will know soon enough, maybe Varadker out or Election call ???
Could bring about a new energy minister too.
https://www.independent.ie/irish-news/politics/political-earthquake-major-announcement-expected-from-government-at-noon/a2011295372.html
Oldslow65, this leviathan gas field is much tastier :-) And our gas field is on land !!!
https://en.wikipedia.org/wiki/Leviathan_gas_field
Lets hope Predator can push hard against the coal imports !!!
"Although Morocco has small oil and gas reserves, it is well-positioned to generate green energy because of its abundant solar and wind resources. Unlike other countries in the region, it also enjoys political stability, a reassuring sign for investors".
https://www.euronews.com/business/2024/03/13/morocco-pushes-ahead-with-green-hydrogen-investment
Shannon LNG has confirmed that it has begun pre-application consultation with An Bord Pleanála regarding the development of a liquefied natural gas terminal and power station on the Shannon estuary in Co Kerry.
https://www.rte.ie/news/business/2024/0314/1437973-shannon-lng-consults-with-bord-pleanala-over-lng-terminal/
Late 2023 administration delay caused by the Moroccan side & now publicly declared on P18:
LIMITING FACTORS 2023 RIGLESS TESTING PLANNING
4 : Available 2 7/8" large guns in Morocco disappeared due to the retention by another operator.
Games are definitely being played, one must only consider why & who would let it happen.
Well spotted Eurochamps6 & thanks for correcting the fudder muckers.
From page 4 in the text:
TIMETABLE
• Amendment #4 to 5/6/24 submitted 23/1/24
Then below in the second line of the "Project Schedule" box:
Applied for & award of the Guercif amendment # 4 to 5/6/2024 followed by a big "tick" in the 1st week of Feb !!!
Vermilion & Nephin need deals with the other Corrib licensees as much they need them, especially considering their $4 Billion sunk infrastructure costs, that could soon become stranded. Though in fairness on the latest revenue, they had major scheduled maintenance this summer & associated downtime lost production. GLA, DAB
https://www.rte.ie/news/business/2024/0311/1437291-revenues-at-corrib-gas-operator-vermilion-dipped-6-7/
Again homework messing up my weekend rugby, happily off to the pub for the "big" match !!! Might this be the Dowds on Geometry referenced ? We do have our 4 drills to input, plus earlier drills, plus maybe drills all the way to the Atlantic. (See PDF)
https://onepetro.org/JPT/article/21/07/841/164564/Statistical-Geometry-of-Petroleum-Reservoirs-in
https://watermark.silverchair.com/spe-2221-pa.pdf?token=AQECAHi208BE49Ooan9kkhW_Ercy7Dm3ZL_9Cf3qfKAc485ysgAAAy8wggMrBgkqhkiG9w0BBwagggMcMIIDGAIBADCCAxEGCSqGSIb3DQEHATAeBglghkgBZQMEAS4wEQQMRyHAKHNfCiG31Y-XAgEQgIIC4mdRcNjH-3hzHXevtBbJiYsdPzFFL0KZt1bqmm6lCHHOJwwgvWiZIE5zrPqrMR0jvFey0RrrwlPvcgasHZhZlRw0jTJI6qOef3XqpjV1ffmysTjMqzZS_dtMp8QmCAwNncXpNT0Eycy0-ysxCEx403geDKTkUPJ6rKVgf24LgQnBQWQ49sVswhJuHzLM46OVOc5srrgN1ciuLByIWQpubx1W5DFvmNB4aN3X-JpViZ_iSU-2kyqZxUrePq4nSOnWo4bEtT94uEo1-ca5231ck5_txvB5mqadVD89RKm-D55-2LRYGdkF-UdrTifE1XHB3mOAS2qFymVNFUZQPwyzuNLlEm-x1McCCcxwbOi12bsUiiJpOy3fzp_0kkCZa8YVRRXmmNPCYqXPrdQh8xMM4g6AhLo8usAT6ecveqVN8xRDknaKdYDAjFf2XPPompMVM4i1gzMxltPCLqt-MaIthEUyov-XxBW32nOIWVmxIwPyzBgA3JLERzXHDVKnJ36F4Kh2xwaALR-Bx3O4oO43BaboCVunDeP-A8u8imjGHx3P25IvjlHlmc1avccxk-ZM7jO2diLGQdqDZjBespeTBAFG2mpCNbhS6yARLx1w5DX4E2r67K8P-p30vt_eliJfrTw5cf5tYYNUslv5t6jeSompmz0lYFJcy__srIeyznRHBA-dCcYpwTcrJg8YBTIFERFahtqQOlOdhxyxGwicaIyKkIeUCzzaRyH_OM0rUp-RYiDODP4vTExLv1BbuhwLF9jkrM6JSV4igL4qfl9ZPEF_VRVNa2VQdoZx0HngH6AZ5aQP4hnlc--Mh0pccgBbk-oD9rAufTeBPOq28puGLe60CKebWk3MxVT5C1kQ2qngGShw3QxsW4YPo1Pck5pXP8z7bgFwqeHKGjRvoqcCWos3boiy2lMz97fiolYaro4zFDXRNoVRnNNzEJFjl_ZwLrUnQgClrD2iF0z5gBQycss1jA
Thanks BRV & Keith, always learning.
Have you followed EOG's last re-working of the 3 D seismic, the primary target now switching from Inishkea to Inishkea West and a new prospective Pmean of 1.5TCF (100% owned).
https://www.lse.co.uk/rns/EOG/fel-419-update-sv6jab1crygcskx.html
https://www.europaoil.com/wp-content/uploads/2023/11/IMC-Presentation-081123-FINAL.pdf
Lets hope Einstein Ryan's belated movements on the local & lowest CO2"Corrib" licences are being driven by his & the Greens total opposition to the "even worse" fracked LNG solutions.
Controversial gas storage and power station plan was rejected by An Bord Pleanála.
2:3:24 - US-based New Fortress Energy has said it’s continuing to pursue its controversial liquefied natural gas project on the Shannon Estuary despite a series of knockbacks.
The €650m project – opposed by the Green Party – is being spearheaded by the group’s Irish subsidiary, Shannon LNG. It also includes a proposed power station.
https://www.independent.ie/business/irish/us-group-committed-to-pursuing-shannon-lng-project/a347325072.html
https://www.rte.ie/search/query/shannon%20lng
https://www.irishtimes.com/search/?query=shannon%20lng
Sandjet can be configured with 9+ jet nozzles per perforator per meter.
150 meters of potential gas sands to be tested/re-rested at MOU-1-3-4.
1350+ opportunities to penetrate the drilling mud clogged/damaged zones.
Water & sand jet expected to wash out left over drilling mud, up to a 6 foot depth.
Live pressure & gas readings at the well head.
Sandjet can continue until gas and/or pressure changes are visible at surface.
Up to 2500+ psi of methane looking to escape !!!
https://www.tdtoolsinc.com/perforating#:~:text=Sand%20jet%20perforating%20%28SJP%29%20is%20a%20process%20that,and%20simultaneously%20extend%20a%20cavity%20into%20the%20reservoir.
https://www.group-ecs.com/about-us/
https://www.weatherford.com/documents/technical-specification-sheet/products-and-services/intervention-and-abandonment/sand-jet-perforator/
https://www.sciencedirect.com/topics/engineering/abrasive-water-jet
The gas field at Drake was discovered in 1969 drilled on a surface and seismically defined anticline Gas field hosted in Jurassic sandstone at about 1200 m, 99% dry gas, 5.3 Tcf ultimate recoverable. PS-Page 6 - Excellent geological mapping and a recent structural study by Harrison (1995) from which to build.
https://www.searchanddiscovery.com/documents/2013/20227dewing/ndx_dewing.pdf