Member Info for DyamFoolMan

ZZZZZZZzzzzzzzzz Tell me you watch Gammon Boomer News without telling me you watch Gammon Boomer News

@Starbright try this link there should be a 69 page document:

https://polaris.brighterir.com/public/angus_energy/news/rns/story/rd395mx/export

Did you miss the update they released on Friday?

"I think Angus should start doing their timelines for worst case scenario rather than best case."

They've provided both, those describing the infographic as a cartoon do appear to have trouble comprehending the information presented.

For those still confused, a summary of the timelines based on Angus' estimation of the maximum time each stage could take:

Stage 5: 2nd Open Hole Drilling - 20 days (24 Jan - 12 Feb)
Stage 6: Casing, Cleanup & Completion - 10 days (13 Feb - 22 Feb)
Stage 7: Testing - 23 Feb onwards

Looking at the latest infographic, 14 days from recommencing sidetrack on 24 Jan, we could be somewhere early in Stage 6 (estimated start 5 Feb), assuming there have been no delays during stage 5:

Stage 5: 2nd Open Hole Drilling - 12 to 20 days
Stage 6: Casing, Cleanup & Completion - 5 to 10 days
Stage 7: Testing - times to be announced

Optimistic timeline would see details of testing stage announced at 17 days (later this week), but could be up to 30 days.

No flows for yesterday (1 February) published yet, but in case anyone is interested, the missing data for 26 January was added to the system on 31 January:

26/01/2023 00:00:00, 26/01/2023,System Entry Volume, Saltfleetby, D+1, 0.1584, 31/01/2023 11:01:00, L

https://mip-prd-web.azurewebsites.net/

Quite a thorough response from Angus to the question about the sidetrack, might these details be enough to draw Push2 back from his self-imposed exile to add his thoughts!

"The sidetrack drilled before Christmas into the top of the reservoir encountered in January a very small fracture system which had not been captured by our seismic study. This would not have been an issue had we not been working in small bore, or so-called skinny drill pipe, as a consequence of laying 5.5? liner to secure the coal and marine band zone behind us. The use of this smaller liner, rather than 7? casing, was driven by the nature of the formation we had passed through and in turn this required us to use this lighter drill pipe.

Rather than try to clear or work around the fractured zone, as our predecessors had spent a fruitless month trying to do back in 1998, a decision was made to back up about 100 metres, mill a new window in the 7? casing, set a second whipstock and re-enter the reservoir via 6? open hole and more robust drill pipe and bits. This was also the successful solution arrived at by Candecca in 1998. This we have done and as of 31st Jan we are drilling forward in earnest along the timetable given in RNS.

In addition we are increasing the mud weight to secure each of these vulnerable zones, but using calcium carbonate throughout which will act as a bridging agent inside the Westphalian and prevent mud and drilling tools being displaced into the reservoir away from the borehole (differential sticking). In short we have more room for maneouvre and even if we are forced to use 5.5? inch liner again, we have more mitigations in terms of equipment selection and mud weight."

These are figures for 25/01/2023 previously published in the D+1 reports on the 26th.
Appears data for 26/01/2023 still to be published.

Using the best case estimates from Angus, would see testing commencing tomorrow (21 Jan) with an announcement of timings for this stage.

Using the more conservative estimates for post Christmas activities published by Angus, the testing stage would commence 5 February:

Stage 1 - Preparation 21/10 - 10/11 (21 days)
Stage 2 - Sidetrack Drilling 11/11 - 23/11 (13 days)
Stage 3 - Casing Run 24/11 - 19/12 (26 days)
Work suspended for Christmas 20/12 - 4/01 (16 days)
Stage 4 - Open Hole Drilling 05/01 - 24/01 (20 days)
Stage 5 - Clean-up 25/01 - 04/02 (10 days)
Stage 6 - Testing 05/02 - ? (times to be announced)

I'm hoping we get an announcement of a technical success by the end of this month, and timings for the testing stage, with flow rates and commercial success being confirmed mid February.

https://twitter.com/angusenergyplc/status/1611299575159218176

Changes: some good, some not so good.

I received an email a couple of hours ago asking for feedback via a survey so have registered my gripes!

"GBNEWS a great channel and lastetasgrandes cant stop me watching it"

Unsurprisingly Adrian and ScarletVixen are both fans of Gammon Boomer News ... all those aliases still only count as one viewer! Pure cringe.

Back up again yesterday, would be great to sustain this level for the rest of December.

28/12/2022 00:00:00,28/12/2022,System Entry Volume, Saltfleetby, D+1,0.1671,29/12/2022 12:01:01,L
27/12/2022 00:00:00,27/12/2022,System Entry Volume, Saltfleetby, D+1,0.0992,28/12/2022 12:01:00,L

From the RNS appears the cold snap caused a few issues, hoping for a mild winter!

"The month of December 2022 experienced more than its fair share of process upsets due to experiencing ambient temperatures of minus 10 degrees Celsius, nonetheless average production rates remain ahead of hedged volumes."

01/12/2022 00:00 01/12/2022 System Entry Volume, Saltfleetby, D+1 0.1564 02/12/2022 12:01 L
30/11/2022 00:00 30/11/2022 System Entry Volume, Saltfleetby, D+1 0.175 01/12/2022 12:01 L

Brexit Benefits:

https://pbs.twimg.com/media/FfnQmIpXgAcN2oq?format=jpg

Sorry, it's Friday so there's a good chance that anyone posting for the first time is Adrian! Apologies if you're not.

If you're wondering on when to buy/sell, best expert advice suggests: "Buy low, sell high".

"i'm not getting this share lark.
loads of experts on here seem to be dishing out all kinds of mixed signals on buying or selling this share it is pretty confusing to say the least.."

Just wait until Adrian posts again ... oh wait.

I'd say that's fair, 3p is very achievable ... and we all have the opportunity to buy sub 2p right now!

Flow rate for yesterday: 0.1722

Normal service resumed!

Gate13Boy: "No posts from Lokiloo, Mach or Epro today ... I'm saying nothing."

They don't have to post anything, you don't have to say anything, it's clear to everyone that they're all living in your head rent free.