PYX Resources: Achieving volume and diversification milestones. Watch the video here.
JB thats a valid point...should not take much to phone the landlord and say the ecologist is calling at such a time to survey the area ...no need for anyone to physically meet up ... I say there are plenty of ecologists in the dorest area due to all the drilling in the area over the years that could easily do the job or at least work on a subcontracted basis.
All these delays re covid could go on for years ..its ridiculous ..doing a survey in a big open field has zero chance of catching covid ... its far riskier going into your local super market where chances of catching covid are 100000 times greater .. ..work is going on sites all over uk atm
Hi Rob
I hope you are well.
In the same vein as my previous email of 9th June 2020 (below), the pandemic situation has changed very little,
especially in Wales, in fact we are back in a local lockdown due to a rise in COVID19 cases. This lockdown has already
extended across many additional parts of Wales on a county-by-county basis.
We still do not feel comfortable instructing surveyors to travel to site. Therefore, we again respectfully request an
extension to the timescale for the provision of information to satisfy the Dorset Council request. We request that
the timescale be extended by a further 17 weeks, taking us to 28th January 2021 when we can review the situation
again. I
Hi Rob
As you are aware, the pandemic situation has changed very little since my last email of 26th March 2020 (below),
especially in Wales.
The Hydrogeologist we will instruct to carry out field work to satisfy Dorset Council’s information request is based in
South Wales. We do not want to instruct her to travel to a different part of the country when there is a chance of
either infecting people she may come into contact with or them infecting her. The same theory applies to the Ecologist
who is based in Kent. I am also based in South Wales and therefore currently unable to travel to accompany/meet
with the landowner or ecologist. As a result, we again respectfully request an extension to the timescale for the provision of information to satisfy
the Dorset Council request.
From what i can gather some environmental consultant is holding up the whole well planning process since march 2020 thus the relisting.
Afraid to travel from wales to dorset due to covid 19 restrictions . Begs the question why dont the company get a consultant from near dorset ?
must be news soon two renowned throll's have made an appearance
could they be updating their website for news
all eyes on dorset council strategic planning meeting to be held on 1 Feb 2021 10.00 am ... wonder will infinity go for planning this time round
there is a bit of a gap between uk prices and nok not just in zen but the uk market in general is poor compared to other markets the last few months mainly over brit exit as funds are afraid to invest in london stock market but with brit exit agreed i would expect some major funds flow into the uk stock market in january which should boast all uk shares especially zenith if AC keeps the news flow going in january
Reading over the fincap report on aaog of 2018 they had an unrisked valuation on taplia of 241p per share based on 162m shares in issue or 41p risked thats from 6.6 p to 39p best case based on zeniths number of shares issued ... so its safe to say we havent peaked yet
a simple answer ... no
Annual Run Rate helps project future revenue for the year, based on your current monthly revenue. It assumes nothing changes in the year ahead – no churn, no new customers and no expansion.... a very blunt tool to measure future performance ... likely totally baloney
The company say they will drill a single vertical into the Cornbrash, Bridport Sands and Sherwood Sandstone for the production of oil. The geological formation which the site lies on has been producing oil in Dorset for more than 60 years, with the Sherwood Sandstone reservoir at a depth of 1,800metres.
Access to the site is expected to be either off the A354 Blandford Road using an existing farm track which passes Bardolf Manor with a second access, via a private farm track off the A35 Athelhampton Road.
South Western Energy say that previous testing and a desktop study indicates the presence of hydrocarbons under the site. If the well finds enough to make the site commercially viable oil will be transported by road using tankers to the Fawley Refinery near Southampton.
The proposed well site is in the corner of a field most recently used to grow maize with the application being made with the landowners consent and using his tracks with only minor alterations, mainly repairing pot holes.
The drill rig will be brought to the site in the early hours to minimise disruption and is carried on a standard six-wheeler lorry with accompanying lorries of similar size with other equipment.
|The company say that during the site works there will be around 15 people employed and that, where possible, local services and suppliers will be used.
Establishing the site is expected to take two weeks, with ten weeks for drilling and testing. If adequate reserves are found the construction of a production site could take another 10 weeks which may be followed by up to 25 years of extraction.
Drilling would continue 24 hours a day for about 6-8 weeks with testing also 24-hours a day for up to two weeks.
Production would also mean 24-hour working with 8 tanker movements a day, based on volumes from the well.
Athelhampton Road, Puddletown, PEDL327, South Western Energy
Status: Application for construction of site compound and drilling a single vertical well for the appraisal and production of oil. Decision date extended to January 2021.
small bounce at eod in ARD'S TO 4.28 Thats 3.38 in sterling
Fastjet is claiming to go bust in june then july now august but somehow manages to find funds for another month.
More likely tactics by Fastjet to put pressure on governments to allow flying again and looking for some financial support to the aviation industry.
Fastjet is also a big customer to Solentas maintenance business worth millions annually who would want to loose a big customer like that.
Fastjet is worth alot more alive than dead to Solenta ie 33m plus.
If Solenta wanted to they could have pulled the plug on fastjet months ago but instead they are cutting them deals ie " Management remains in discussions with certain creditors and has identified additional discounts of between US$1.0
million and US$3.0 million (the “Additional Creditor Discounts)"