Grateful to Mark Abbott ...30 May 2022 10:39
...for clarifying the process of how they will produce from the Ashover Grit, Wingfield Flags & the jewels in the crown, the *****tone Flags
With my 'very' bullish oil thesis, this will generate fantastic & transformational income for all partners :
"Heidi,
In terms of the *****tone Flags development, whilst we are currently finalising the detailed development plan and recognising that we will require additional planning and permitting, I can advise that;
The existing Wressle-1 well will continue to produce from the Ashover Grit and then in due course from the Ashover Grit and Wingfield Flags combined.
A new well or wells will be drilled to produce solely from the *****tone Flags.
At the end of production from the Wressle-1 well this may be side-tracked to become an additional *****tone Flags producer.
So the short answer to the question is that “Grit Oil” will not be impacted by the *****tone Flags development which will be incremental to Ashover Grit production.
Regards
Mark Abbott "
https://twitter.com/Heid_oil/status/1531183114344595456?s=20&t=Xw1i2O32NP2B9cXfFTZg_w