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21-Sep-22 08:53:02 2.175 10,460,373 Unknown* 2.25 2.30 227.51k

huge sell must be a tr1 soon

the tr1 holder might be quite anoyed with the share price here at the moment

Europa Oil and Gas
@Europaoilandgas
·
4m
Europa is delighted to announce the spud of the Serenity appraisal well, a potentially transformational opportunity for the company.

Alongside diversifying Europa’s portfolio of assets, Serenity could provide sufficient recoverable volumes for a standalone development.

Interest rates raised by 0.5 percentage points
The Bank of England has hiked interest rates to 2.25%.

is more likely to be for getting new licences i reckon

Sadaat Umar
@sadaatumar
·
59s
#EOG Some have concerned P&A.
This is what happened to SA01 discovery well in 2019. They hit oil & then well was P&A as per plan.

https://news.sky.com/story/fracking-ban-for-shale-gas-lifted-by-government-12703046

eog is hugely down from 3p. doesnt bode well for here either now

I just checked 4 other companies Spudding rnss and not 1 has the comment about plug and abandon so early on in the rns releases

?????™? ????
@GhostTM_
·
7m
Replying to
@DirtyJohn85
Bro #eog sell before the news and value was all priced in before.. trades done and dusted

i have to agree with GHOST<

oh well bottom drawer for me now, ffs. this has wiped out my angus gains

look at the sells and the share price, this was 3p not long ago, sellers have killed this, totally merked, gonna hve to take a aloss or wait 30 days

I think we are lucky theres even a drill going on!

I said before when u have a bb that has immature posters on it using comments like balls of jelly etc. then the share prices tend to go down on those types of bb, this is a clear example. now we have to wait 30 sodding days

one issue is these badly times rnss. i always said the TR1 seller needs to come first otherwise sellers will keep selling into the spud rns and that is what is happening. i guess people going long will need to focus on the bigger picture

you would not think the uk needs any oil or gas the way the market is behavin with this, main problem is the placee overhang

is actually the sellers. they really need to do one, close the door behind them and bugger off

DirtyQuant ??
@DirtyJohn85
·
6m
#EOG - those ****ting themselves with the PLUG & ABANDONED, do remember it’s an appraisal well to prove 40ft on Sand… (i3e missed the spot last time round) - if 40ft can be proven, then a sidetrack will be next… and most likely fit to the subsea production line. ?? markets fyi

https://www.bloomberg.com/news/articles/2022-09-21/copper-prices-fall-despite-signs-of-looming-crucial-metal-shortage?cmpid=socialflow-twitter-business&utm_medium=social&utm_campaign=socialflow-organic&utm_content=business&utm_source=twitter

Bloomberg
@business
"It's going to get extreme."

The great copper squeeze is coming — and it will hit everything from computer chips to air conditioners.

Read The Big Take ??

Sadaat Umar
@sadaatumar
·
58s
Replying to
@sadaatumar


SA-02 is drilling 3-4km to the west of SA01 discovery well, that hit 10 feet of oil. Further to the east, Tain field have drilled 4 wells and all of them hit oil in thin sand of 5 ft & flowed over 5k BOPD.

I3 believe, sand get thick as it move downdip to west
Sadaat Umar
@sadaatumar
·
2m
Replying to

Serenity appraisal well to spud this week.
I3E: 75%
EOG: 25%

Serenity to target 197 mbbls oip & i3 believe that 50-60% RF from captain sand is possible. Based on 50% RF, Serenity is looking for 100 mbbls recoverable (25 mbbls net to EOG).

NO ADVICE INTENDED DYOR